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Sign in Sign up for a FREE subscriptionJLL: Polish office transactions in the billions
The value of investment transactions concluded on office markets outside Warsaw has already exceeded €1 billion ($1.11 billion), a record for Poland’s regional markets, reported JLL.
Together with the capital city, office investment transaction volume already has equalled 2018’s 12-month performance. The market is preparing for an all-time record of more than €3.5 billion ($3.9 billion).
“For the first time in history, office investment transactions concluded on regional markets have exceeded €1 billion [$1.11 billion),” said Tomasz Puch, head of office and industrial investment, JLL. “Kraków recorded the best result with investments worth €314 million [$350 million]. Wrocław came in next with €221 million [$246 million], followed by the Tri-City, €109 million [$121 million]. Such excellent results illustrate the interest shown in office markets outside of Warsaw amongst investors and the robust condition of the sector which is not only exclus
