Increased interest in commercial properties

Poland is a regional leader when it comes to investment transaction on property market.
Poland is a regional leader when it comes to investment transaction on property market.
Share in the volume of investment transactions in the thrid quarter of this year in office property sector amounted to 53%

 

Moderate optimism is probably the most accurate term describing the situation on investment transaction market. In third quarter this year their total value on Central European property market amounted to 536 million euro. That's slightly more than in the previous quarter (435 mln euro), but much less than in previous years, despite a large investment activity on several markets.

- Despite disappointing investment data, lower number of transactions and their protracted conclusion time, on the investment markets, particularily in Poland and Czech Republic, persist positive trends. In the last quarter of current year the investment volume may significantly increase, considering the significant number of transactions prepared. Still, on a regional scale by the end of the year the trading volume might reach slightly above 3.5 billion euro, much less than in record year 2011, in which 6.1 billion euro was invested - says Charles Taylor, Partner in Cushman & Wakefield company.

Experts point out, that during the third quarter of year 2012 an increased interest among investors in office properties and a decreased popularity of commercial sector has been noted. The first one's share in the volume of investment transactions amounted to 53 %.

During that time Poland had a dominant position in Central Europe, with investment volume of 1.15 billion euro. In the last 10 months the volume of investment transactions in Central Europe was 1.9 billion euro, parallel to a similar time in year 2010 and merely 40.7% of 2011's investment volume.


0.0
Be the first to comment