Poland’s commercial property investment volume exceeded €1bn in the second quarter of the year, according to Savills. Investor activity was driven mainly by portfolio transactions. “So far, the investment volume is slightly lower this year than in the corresponding period of the last year. However, the investor appetite is still high for both the prime assets and those more opportunistic with decent value-add potential through recommercialization or redevelopment, including change of current use,” says Marek Paczuski, director of the investment department at Savills Poland. “The market is now driven by large portfolio transactions, mainly in retail and industrial sectors. Such transactions offer some level of yield premium and risk diversification.”
