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Poland’s commercial real estate market accelerates in Q3


2011-10-05



Investment activity in Poland’s real estate market continued to accelerate in the third quarter of the year, with €864m invested in the three months to September, according to a new report from Cushman & Wakefield, the global property consultants. Cumulatively in the first nine months of the year the country has attracted a total of €1.82bn worth of investments in real estate. At the same time, the Czech Republic has moved slightly ahead of Poland as the main target market in Central and Eastern Europe (CEE), thanks to an even steeper increase in investment activity in Q3, to €1.18bn, which brought the country’s year-to-date figure to €1.9bn.

However, the report notes that based on transaction pipelines, Poland is set to regain the lead in the fourth quarter.

As for other core CEE markets, Hungary saw €197m invested in Q3, while in Slovakia and Romania deal values were below €100m.



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