Poland
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Poland
2009 was one of the weakest years in the history of the commercial property investment market
in Poland in terms of the number and value of deals made. During that period only a few more
than twenty deals were made with the total value of approx. EUR 698 million. A distinctive
feature of the Polish market was the relatively good standing of the banks which, unlike
Western European banks, did not have to struggle to preserve their liquidity. Therefore,
investors relying on financial leverage did not sell their mortgaged assets, with the
unsurprising result of reducing the supply and consequently limiting opportunities for
speculative investors. The year 2010 is projected to be similar to the fourth quarter of 2009
in terms of the investment activity, which will result in an increase in the number of
agreements signed, and also in slightly compressed yields.
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Featured Property
Katowice Railway Station Shopping Gallery
- Location: Katowice
- Tenure: Freehold
- Size: 53,000 sq m / 570,487 sq ft
- Rent: On application
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News Headlines
Hotel accommodation in Poland for EURO 2012
Poland will fulfill UEFA criteria regarding hotel accommodation for EURO 2012 according to the report by Cushman & Wakefield, a global real estate advisory firm.- New tenants at Galeria Katowicka
- Cushman & Wakefield represented First Data Polska in the negotiation of the lease agreement in West Gate
- Cushman & Wakefield secures new tenants in Catalina Office Center
- ST Martins appoints Cushman & Wakefield on the London Bridge City estate
- Philips becomes a new tenant of the Francuska Office Center in Katowice
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