Polish real estate momentum

Investment activity in Poland’s commercial property market remained strong in H1 2025, with transactions totaling €1.71 billion, broadly matching last year, Cushman & Wakefield reports. Domestic capital accounted for 40% of office deals, underscoring the professionalization of local investors. Offices attracted nearly €400 million, including major sales such as High5ive in Kraków and Wronia 31 in Warsaw. Warehouses surged to €694 million, more than double 2024 levels, while retail assets drew €320 million across 21 transactions – the best five-year result despite no mega-deals. Hotel investments reached €81 million, ranking Poland second in CEE, boosted by portfolio sales and new Warsaw openings like Moxy and Puro. Cushman forecasts full-year volumes near €4 billion, with delayed large deals likely shifting into 2026. Backed by 3.4% GDP growth in Q2, Poland’s property market continues to attract both foreign and domestic capital across all sectors.