21:17 30 March 2020
Poland maintains its leading position in CEE six years in row
As much as 38 percent of the value of all real estate investments in the CEE region in 2019 belonged to Poland, according to the latest CBRE report 'Real Estate Investment. Market Outlook.’
Thanks to this, for the sixth time, starting from 2014, we took the first position in terms of amounts raised. In total, nearly €20.2 billion was invested in Central and Eastern Europe, of which €7.7 billion in our country. The next places were taken by Austria (30 percent of the total amount) and the Czech Republic (15 percent). Investors focused primarily on capital cities, investing more than half of all money invested in them.
“Our distinguishing feature on the background of neighboring markets outside the scale is also the possibility of diversifying the real estate portfolio, investors can invest capital both in the capital and regional cities. In this respect, Poland resembles Germany, where there are several strong centers attractive to investors. In Poland, unlike in other countries, with the exception of Slovakia, the majority (62 percent) of funds was invested in regional cities. In addition to Warsaw, it is in the regions that most real estate sectors are developing very well, there are a lot of attractive lands there, and the market is not that saturated,”Przemysław Felicki, director in the Capital Markets Department at CBRE, commented.
(WBJ)
