The total investment volume in Poland in the first half of 2019 amounted to €2.8bn, with €1.3bn worth of transactions closing in Warsaw, according to the latest Savills report. It found that Stockholm, Berlin, Dublin, Athens and Milan also experienced growth in the volume of deals. It also revealed that yields for prime office space have stabilized in 58 percent of the markets and that they were only higher than 4 percent in Lisbon, Warsaw, Manchester, Athens and Bucharest. The only markets to have seen yield compression of more than 25 bps y-o-y for retail properties were Athens, Warsaw, Lisbon and Bucharest. Everywhere else, shopping center yields were either stable, or they fell by up to 25 bps. That includes London (50 bps up) and Paris (75 bps) as online retail and the shifting sands of shopping habits continue to disrupt the sector.
