Poland remains a leader in attracting investment in commercial real estate

In the first quarter of 2023, 26 transactions were completed for a total of €651 million, according to the latest CBRE data. The majority of capital was attracted by industrial and warehouse properties. The economic slowdown can be seen in the results for the entire region. All countries, including Poland, experienced declines, which is due to both macroeconomic conditions and more difficult access to financing. Greater activity can be expected no earlier than the third quarter of this year.

"The retail market has been dominated by transactions involving shopping centers with value-add potential in regional and smaller cities, but retail parks and supermarkets still attract investor attention. In the office sector, activity focused mainly on the Warsaw market. The Czech, Hungarian, and Lithuanian funds are noticeable in this market. The residential rental segment did not record any investment transactions in this quarter but still has significant growth potential," Przemysław Łachmaniuk, Director of Capital Markets at CBRE, said.