Regional cities increasingly attracting investor interest – report

The share of regional cities in the total commercial property investment volume in Poland has been on the rise and reached as much as 61 percent in the first half of this year, according to a recent report by Colliers International and Deloitte Legal. The combined value of the investment transactions signed in those cities in the period amounts to €900 million, while the value of the deals signed in Warsaw stands at €600 million (39 percent of the H1 volume), the study said. The retail, hotel and office property sectors accounted for 60 percent, 23 percent and 17 percent of the H1 2017 investment volume respectively. “Poland’s commercial real estate market is developing dynamically and has good prospects. Seen against other CEE countries, Poland stands out with its strong investment activity outside the capital city. The availability of young and skilled staff in regional markets attracts tenants from the modern business services sector, the result of which is a strong development activity in the office sector. In turn, investors positively view the stability and long-term growth prospects for these markets,” said Marcin Mędrzecki, associate director, investment services, at Colliers International.