Data for Q2 2022 was published in Colliers' latest report, "Capital Markets Snapshot for Europe, the Middle East, and Africa. It shows that the current economic uncertainty is beginning to affect investment activity in the European commercial real estate (CRE) market. However, the authors of the report emphasize that the projected impact of the economic situation will vary for different areas of the market, while selected sectors and national markets will remain attractive to investors.

Thus, for example, the CEE region also recorded good results, particularly in Poland, which had an exceptionally successful second quarter thanks to, among other things, an influx of institutional capital from other CEE countries. It turned out to be one of the best, with a volume of commercial real estate investment close to €1.4 billion recorded. This brings the total to a record €3 billion in the first half of 2022.

"Several elements contributed to such a good situation in the Polish market. One of them was the debut of large Central European investors with diversified portfolios, such as Investika, Wood&Co, and Trigea, interested in buying in Warsaw and other regions of the country in the office and industrial-logistics segments. It should also be noted that Germany, despite the current economic situation and the consequences of the war in Ukraine, is also keeping a close eye on key projects," Dorota Wysokińska-Kuzdra, Head of Corporate Finance and Living Services for the CEE region at Colliers, said.

(WBJ)