Poland records €940 million in property deals in Q1

Poland accounted for 69 percent of the total value of real estate sale and purchase transactions in the CEE in Q1 2014, with some €940 million, according to data collected by JLL.

 

The whole CEE market generated €1.37 billion in such deals, recording a 19-percent increase year-on-year.

 

JLL also said that 16 percent of the deal value was carried out in the Czech Republic, 5 percent in Slovakia, 4 percent in Hungary and only 1 percent in Romania. The office segment accounted for 56 percent of the CEE’s total deal value, the retail segment for 29 percent, logistics for 9 percent and hospitality for 6 percent.