Poland: Deals from top to bottom
According to Cushman & Wakefield, the strong investment activity of 2014 in the core central European markets of Poland, the Czech Republic, Slovakia, Hungary and Romania continued into Q1 2015, with €1.3 billion invested. While this volume is roughly the same as in Q1 2014, the firm says that growing investor appetite and strong activity in the region means that transaction volumes in 2015 should exceed 2014 levels.
“There will be a further focus on core markets offering growth and sustainable demand, with Poland taking the lead,” says James Chapman, partner and head of central European capital markets at Cushman & Wakefield. “The search for opportunities has continued to push investors toward quality assets in secondary cities across Poland, the Czech Republic and Slovakia as well as driving demand in Budapest and Bucharest. All sectors are set to benefit but the most notable change from last year will be seen in retail, as increasing purchasing power drives