Investment in Poland’s real estate sector are expected to slow down at the end of the year, JLL predicts, falling below €3bn from €4.1bn in 2015. “We do not expect a significant slowdown, but the volume of transactions will decrease,” said Tomasz Trzósło, managing director of JLL. “As long as the market is oscillating between €3.5bn and €4.5bn, it means the market is adjusting to overall economic situation.”
The JLL report shows that transactions in the second half of the year hit €2.07bn. “There was a few significant transactions taking place in the first half of the year, but our estimates show the transaction volume won’t exceed €3bn,” adds Trzósło.