C&W: Real-estate investments in Poland reach EUR 1.15bn in January-September.

By bne IntelliNews October 9, 2012
The value of investments in Poland's real-estate market totalled EUR 1.15bn in January-September of 2012, according to the data of advisory Cushman & Wakefield. Year to date, EUR 1.90bn has been invested in the core CE markets (Poland, Czech, Slovakia, Hungary and Romania), a mere 40.7% of the previous year's EUR 4.66bn, but in line with the volume invested for the same period in 2010, the firm also reported. C&W's partner Charles Taylor notes in the firm's release that there are significant deals in the pipeline suggesting a strong Q4, but the firm's year-end forecast for the region is just over EUR 3.5bn vs. last year's record level of EUR 6.1bn. At the same time, Cushman & Wakefield points to the fact that investors preferences across Central Europe have moved to the office sector from retail, with the share of investment volumes at 53% and 36.5% respectively. Industrial fell further behind accounting for just 8% of investment volumes.
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