Record number of transactions in the commercial real estate market was set in 2021

After the pandemic slowdown, the commercial real estate investment market in Poland is starting to return to pre-Covid-19 levels. In 2021, the total value of investments was €5.71 billion, and it was made up of a record number of 164 transactions, according to CBRE data. More than half of the total amount was related to the warehouse market, followed by offices and third place for trade. Most investors came from Europe, and the value of Polish capital was 4 percent. CBRE experts indicate that in 2022 the investment volume may even reach €6.5-7 billion, which would mean an increase of over 20 percent y/y and a return to the results recorded before the pandemic.

"Despite fears, the commercial real estate investment market in Poland is catching up after the turmoil of the pandemic. The year 2021 turned out to be a record year in terms of the number of transactions, of which there were 164, comparable to the pre-pandemic 2019. The value of investments in the market is also growing. The forecasts for the coming months are also promising," Przemysław Felicki, director of the capital markets department at CBRE, said.

(WBJ)