Poland’s commercial property market rebounds
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After years of investor caution, Poland’s commercial real estate market is recovering, with transaction volume expected to rise in 2025, according to Przemysław Felicki, director at CBRE. In 2023, investment volume tripled to €6 billion, far outpacing Europe’s 20% growth.
Logistics, production, living spaces, and data centers remain top investment targets, while offices and retail attract less interest. Factors like location, ESG considerations, and rental growth potential influence investment decisions. Poland ranks third in CBRE’s European market attractiveness survey, with Warsaw in fifth place.
Despite steady demand, new supply remains low due to land shortages and planning restrictions, which could drive rent increases over the next few years. Local investors are becoming more active, with their market share rising from 2% to 10% in a year. Felicki sees Poland’s affordability and liquidity as long-term advantages, making it a compelling choice for investors.