In central Europe, Poland is the place to be
Real estate investment activity has been ramping up in Poland, which is distinguishing itself as the most attractive market in central Europe. The country attracted nearly 72 percent of the €631 million invested in central Europe in the second quarter, according to Cushman & Wakefield. And heading into the third quarter, a number of notable transactions and developments are going on in the country.
Investors have been particularly interested in the office sector.
“The office sector [continued] to dominate investment activity in Poland in the first half of 2013, with Warsaw office assets particularly sought after and accounting for almost 50 percent of the total investment volume,” says Michał Cwiklinski, head of investment at Savills Poland. “We forecast that total investment turnover in Poland will be in excess of &e