Real estate investment volume in Poland remained high in 2022 despite the continuing war in neighbouring Ukraine and record high interest rates. At the same time, investment yields have been increasing, especially in the case of secondary properties. The total value...

Investment in the Private Rented Sector Apartments (PRS) and student dormitories constituted some  4% of the total real estate investment volume in Poland in the first half of 2022. As in the rest of Europe, this market is gaining in importance. In Poland, the...

Contrary to original expectations, prices of residential properties in Warsaw have risen by 14% since the outbreak of the pandemic and continue to do so despite unfavourable consumer sentiment and the uncertain macroeconomic environment. In the third quarter of 2021,...

Despite the pandemic, supermarkets in Poland have continued to do well, less so hypermarkets,  whilst shopping centres have been hit hard. For the purposes of this short report: Supermarkets are self- service stores with sales areas of between 400 m2 to 2499 m2,...

Values of prime office buildings in Warsaw have begun to rise again. At the beginning of 2021, the average value of 1 m2 of prime office space in the centre of Warsaw stood at  around € 4 500/m2 with some transactions concluded at €1 000/m2...

E-commerce China will be the first country in which the majority of retail sales will come from e-commerce. The forecast from global market research company eMarketer is that e-commerce in China will reach 52% of total retail sales this year, an...

By Dorota Lachowska, Head of Market Research, Polish Properties Introduction – The Polish Economy As expected, the pandemic has had a negative effect on the Polish economy which saw the first fall in GDP since 1991. However the 2.7% fall was much less than the EU...

Listen to the webinar “European Valuers’ View 2021” where Chris Grzesik and Dorota Lachowska of Polish Properties and David Howard of  Winterhill shared their views on the Real Estate market in Poland and Romania in 2020....

by Krzysztof Grzesik, Managing Director Polish Properties No sooner had the world become engulfed in crisis of a nature not witnessed since World War II many valuers on the advice of their professional associations and international recognised valuation standard...

By Dorota Lachowska, Head of Market Research Polish Properties The real estate investment market in Poland is experiencing unprecedented growth. Transacted investment volume continues to grow and the prime yields have fallen to record low levels of 5% for offices and...

Rents for warehouse space in Poland are one of the lowest in Central Europe. The recent quarters show an upward trend, however, the growth rate is slow. Currently rents are about 15% lower than at the beginning of the warehouse market development in Poland and have...

The total value of real estate investment transactions in Poland has been growing for 10 consecutive years reaching a record €7.5 billion in 2019. Furthermore the upward trend continues with falling yields and stable rents. In 2018, the spectacular real estate...

Since 2004, when Poland joined the European Union, there has been a steady increase in the number of foreign tourists visiting Poland. This trend was only temporarily reversed in 2008-2009 due to the global economic crisis. Subsequently the UEFA European Championship...

Rents for office space in Warsaw have been constantly falling. In 1995 prime office buildings in Warsaw were leased at € 48/m2 per month. Today rents stand at about half that figure. The most spectacular falls were observed in the first 11 years of the fledgling...

Development land values in Poland are finally on the way up. There has been a significant improvement on both the demand and supply sides and the trend is likely to continue. The development boom in the decade before the financial crisis fuelled a spiralling rise in...

After a rapid growth in the value of hotels in Poland in 2012, values continued to fall in subsequent years. Today market values of hotels are at around the 2010 level. The good news is that of late we have been observing market recovery. The main indicators are...

The number office investment transactions in the main regional cities of Poland have picked up significantly. The purchase of office buildings in Kraków, Wrocław, Łódź and Tricity in the first 9 months of 2015 has outstripped the volume in Warsaw at an unprecedented...

The investment market in Poland continues to pick up with volume growth in the last 3 years running at around of 5% per annum. The commercial property market has again become attractive to investors because of increased confidence in the Polish economy, historically...

In line with expectations, EURO2012 has stimulated the hotel market in Poland albeit the positive signs were already evident in the second half of 2011 when Poland assumed the EU Presidency. Last year saw an upturn in the Polish hotel investment market. In 2011 there...

Despite a limited amount of office completions, there was a record take up of over 850 000 m² in major Polish cities last year. The upward trend has continued into 2012 with over 225 000 m² of office space leased in the 1st quarter. In Warsaw, 20 office buildings...

As we move further into an uncertain 2012, the good news is that property investment volume in Poland in 2011, at € 2.3 billion, was the highest since 2007. Office and retail property transactions constituted the largest share in the total investment volume (47% and...

Only two shopping malls were completed in the first nine months of 2011 in the major Polish cities, both in Szczecin namely Galeria Kaskada and CH Turzyn. Retail space delivered during this time amounted to 320 000 m2, most of which (52%) in towns of less than 200 000...

Until 3rd Q 2010 the warehouse investment volume has grown to ca € 255 million and was six times higher than the total 2009 result when only two transactions were recorded for total  value of € 42 million. With high number of transactions under negotiations, the...