The first half of 2023 brought a total volume of land for commercial real estate projects of approximately EUR 250 million, almost half of what we recorded for the whole year 2022, according to the data of the consultants from Colliers. The company includes in this figure only land for offices, commercial spaces, residential projects, without industrial spaces.
However, the interest in new purchases seems lower in the second part of the year, many potential buyers are waiting for new opportunities. On the other hand, the majority of owners do not feel any pressure to give in by lowering prices, so a slowdown in activity is expected. The volume recorded in the first half of the year is generated almost equally by the residential and retail sectors.
