Real estate
23:11 11 May 2021
Post by: WBJ

Polish real estate attracts €1.25 bln in Q1 2021

Polish real estate attracts €1.25 bln in Q1 2021
source: CBRE

In the first quarter of this year, €1.25 billion was spent on commercial real estate in Poland. This means a decrease of only 1.5 percent compared to the five-year average for the first quarters of 2017-2021. Offices (€600 million) have the largest share in the investment market, but the industrial and logistics segment continues its good streak. The capital flowed into Poland mainly from Europe, according to the latest CBRE report. The company's experts indicate that there is moderate optimism in the investment market, which is reflected in the safe choices of investors.

“Good investment results at the beginning of the year are optimistic. Capital flows to Poland of a comparable value as in previous years. Investors' attention is attracted primarily by offices, but also warehouses, which is the result of the dynamic development of the e-commerce industry. On the other hand, commercial and hotel properties are less popular. However, this does not apply to all facilities. The appetite for the purchase of retail parks and grocery supermarkets remains high. There is also a growing interest in the housing sector. Generally, it can be said that investors are looking for safe and attractive products, but what is important, despite the pandemic, new players who expand the group of funds investing in Poland continue to appear in the market,” Przemysław Felicki, director in the capital markets department at CBRE, said.

(WBJ)


real estate
cbre
przemysław felicki

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