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Poland
2011 was a favourable year for the commercial investment market. Strong economic performance,
access to finance and a flurry of attractive projects prompted a number of deals. The
transaction volume reached EUR 2.56bn, a rise of over 30% on 2010’s level, and the highest
level since 2007. The retail sector, which turned over EUR 1.17bn, was the topperforming
sector. Offices recorded just under this total, around EUR 1.15bn, with the Warsaw market
accounting for most of this volume. In 2012 the investment market will depend strongly on the
situation prevailing in global, mainly European, financial markets. Assuming EU countries
implement effective austerity measures to reduce debt, and avert a breakup of the eurozone,
investment activity is likely to reach a similar level to that of 2011.
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Featured Property
Katowice Railway Station Shopping Gallery
- Galeria Katowicka is a retail and services scheme located in the Katowice city core, at Szewczyka square. It forms a part of the development which will also comprise a railway station and an office building. The facility will have 3 above-ground floors, totalling 53,000 sq.m. In addition it will feature two-storey underground car park for 1,200 cars. The opening of the retail gallery is scheduled for 2Q 2013.
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News Headlines
The Polish state railways (PKP S.A.) sold its land properties in the core centre of Warsaw
POLCOM INVESTMENT VI Sp. z o.o., a part of HB Reavis Group, has won two tenders for the purchase of PKP S.A.’s land properties located in the core centre of Warsaw, at Chmielna and Al. Jana Pawła II streets.- 2011 proved to be a good year for commercial property market
- Central Europe exceeds 3 million sqm take-up in 2011 - record demand for industrial stock in the CE region
- Russian bear shows its teeth in global office market
- Foot Locker opens new stores in Poland
- Construction of Galeria Neptun to kick off soon
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