We are pleased to present you with the next edition of the Market Insights report summarising the situation on the commercial property market (investment, office, retail, warehouse, PRS) in Poland in H1 2022.
The events of the past six months, definitely became another, after COVID-19, challenge for the Polish economy, society, as well as the commercial real estate market. Rising costs of conducting business, construction costs caused by rising fuel prices, restrictions in the supply of raw materials and supplies, or the uncertain economic situation have all contributed to some kind of slowdown. However, the real estate market has not experienced a sudden collapse, which is proven by the data summarised by Colliers.
- Poland continues to remain the top region’ destination with 53% volume share and the highest liquidity and diversity of products and investors
- Recovery in the office market - significant increase in demand for space in Warsaw and regional cities
- The retail sector continues to see high interest in the retail park format - both from developers and tenants. The stock of retail space in schemes of less than 5,000 m2 is also growing
- Total stock in the industrial and logistics market amounted to 25.9 million m2. Tenants' interest in the warehouse market remains very high
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