19:39 14 April 2026
Transactions on commercial real estate market exceeded €1 bln in Q1
Investment in Poland’s commercial real estate market exceeded €1 billion in Q1 2026, marking the strongest start to the year in four years, according to JLL. This growth comes despite higher financing costs and confirms a steady recovery trend since 2023.
A significant share of activity came from sale-and-leaseback deals, which are becoming more common. The logistics sector led with nearly €450 million in transactions, including a €170 million portfolio acquisition by W.P. Carey. Similar structures also appeared in retail, such as the sale of eight Auchan hypermarkets.
Office investments focused mainly on Warsaw, with some regional activity driven by value opportunities. Capital was dominated by US and CEE investors, though local players remained active in smaller deals.
Despite geopolitical uncertainty, the outlook remains positive, with strong momentum expected to continue in 2026.
