The value of investment transactions on the commercial property markets amounts to ca. 5.1 billion euro in the whole Central and Eastern Europe. According to data of JLL, this sum is divided into particular countries in the following way: 2.07 billion euro – Poland, 950 million euro – Czech Republic, 910 million euro – Hungary, 340 million euro – Romania and 310 million euro – Slovakia. The other markets from this region have finalized transactions of the value amounting to 540 million euro.
The value of investment transactions which have been realized on the markets of commercial properties in Central and Eastern Europe in the first six months of 2016 amounted to ca. 5.1 billion euro. It is 69 per cent more than in the analogical period in the previous year and the best first six months from 2007. Considering the continuing interest of investors, we expect that the total value of transactions in the region can exceed 10 billion euro – says Stuart Jordan, Head of Capital Markets Department in Central and Eastern Europe, JLL.
The value of investment transactions which have been realized on the market of commercial properties in the first six months of the year makes that Poland is the leader among investment locations in Central and Eastern Europe. Our country attracts investors mainly because of such assets as e.g. scale, market transparency as well as good economic rates. The value of investment transactions amounted to 2.07 billion euro in the first six months of 2016: 1.02 billion euro – sector of commercial properties, 786 million euro – office sector, and 261 million euro – warehouse sector – says Agata Sekula, Head of Capital Property Market Department in Central and Eastern Europe, JLL. The biggest investment transaction on the Polish market was the purchase of 75 per cent of shares in the portfolio of Echo Investment in Poland by Redefine, which included commercial and office structures (e.g. A4 Business Park in Katowice or West Gate in Wrocław).
According to experts of JLL, the most important transactions concluded in the first six months of 2016 are: purchase of CH Krokus in Krakow by Mayland from Valad, purchase of Ferio in Konin by Union Investment, purchase of Galeria Jantar in Słupsk by CBRE Global Investors. The list of transactions in the capital also includes e.g. purchase of Zaułek Piękna by GLL or Wiśniowy Business Park by Valad. Moreover, 60 per cent of the value of office transactions concerned the main markets outside Warsaw. The biggest contracts are e.g. sale of the second phase of Alchemia in Gdańsk to PHN, purchase of Aleja Pokoju 5 in Krakow by Warburg-HIH Invest Real Estate, takeover of Opera Office in Gdańsk by Benson Elliot/Sharow Capital, Forum 76 in Łódź, or Okrąglak and Kwadraciak in Poznań.