The Polish commercial investment volume reached €7.57bn in 2019. The retail sector turned over €1.92bn, accounting for more than 25 percent of the investment total and posting an average annual growth of 7.5 percent between 2010 and 2019, according to Cresa Poland. Retail assets accounted for 25 percent of last year’s total commercial real estate investment volume. In 2019, the retail sector lagged behind the office sector, which accounted for 50 percent of the total investment activity. Although single asset transactions continue to dominate the retail investment market, the share of portfolio deals is steadily rising. The annual growth in portfolio transactions averaged 20.9 percent between 2010 and 2019. This significant increase results from the low base effect (two retail portfolio deals in 2010 versus 11 in 2019). In 2019, as in the previous year, deals ranging between €500m and €1bn had a considerable share of the retail investment volume.
