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Poland leads CEE region with transactions exceeding €2b

by Andrea Waitrovich

The volume of real estate investment transactions concluded across Central and Eastern Europe in first half 2016 amounted to approximately €5.1 billion ($5.6 billion), a 69 percent increase over the same period of 2015, according to JLL.

It is the best first half of the year performance in CEE real estate investment volume since 2007. JLL expects the total volume of transactions for 2016 to exceed €10 billion ($11 billion).

Poland accounted for €2.07 billion ($2.27 billion), comprising €1.02 billion ($1.12 billion) in retail assets, €786 million ($863 million) in office properties and €261 million ($287 million) in warehouses.

The Czech Republic (€950 million/$1.04 billion) followed in second, then Hungary (€910 million/$999 million), Romania (€340 million/$373 million) and Slovakia (€310 million/$340 million). Other markets in the region registered €540 million ($593 million) in finalized deals.

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