Hotel market in poland lives up to euro 2012 expectations

Hotel market in poland lives up to euro 2012 expectations

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...
Office supply and pre-let agreements continue to grow

Office supply and pre-let agreements continue to grow

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...
Property Investment in Poland continues to recover

Property Investment in Poland continues to recover

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...
Retail developers move back to the major cities

Retail developers move back to the major cities

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...
Growing demand for warehouse investments

Growing demand for warehouse investments

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...