6:22 13 September 2024
Polish real estate market rebounds
In H1 2024, Poland's investment market saw a notable resurgence, with volumes hitting nearly EUR 1.7 billion—a 91% increase from the previous year, according to JLL. Despite challenges like capital costs, large transactions returned, signaling a potential end to the slowdown. Office and retail sectors led, with office investments soaring to EUR 800 million, driven by major deals such as the CPI Property Group portfolio sale and increased interest in regional cities. Retail investments surged by 149%, exemplified by Star Capital Finance’s EUR 285 million acquisition. Though the industrial sector saw reduced investment volume, focus shifted to higher-quality, ESG-compliant assets. Overall, the market's recovery reflects growing investor confidence and improved financial conditions.
