Review 2020 & Outlook 2021. Commercial real estate market

Despite the ongoing COVID-19 pandemic and its enormous impact on the global economy, 2020 brought a good result, with market investments in excess of EUR 5.3 billion. Despite a 30% decline in transaction volume compared to the record year of 2019, sentiment towards the investment market in Poland remains positive, with the volume of closed transactions exceeding the average over the last 10 years. 2020 saw reduced interest in office assets and shopping centres, with investors’ attention drawn towards the dynamically developing warehouse sector. The sector has been witnessing record demand for space for several years, with a resultant significant increase in developer activity.

Find out more and download the report prepared by Knight Frank.