Poland’s transaction volume could still significant growth by the end of the year, with some large deals expected to take place on the Polish property market this year. Two of them have already been conducted this month, with the German fund Union Investment AG having taken Poland’s biggest mall Manufaktura from Apsys. Meanwhile Kulczyk Silverstein Properties bought two offices buildings from Hochtief for a total of €80m.
Agencies are speculating that there are more big deals to come in Poland in the near-term, and that a total of €200m could be reached. Przemysław Felicki of CBRE’s capital markets department says investors are likely to acquire up to €200m worth of office buildings, while the market could also see an individual retail transaction worth up to €350m.
