16. März 2010     Print Print 

Poland commercial property: A remarkable ability to endure

The resilience of Poland’s economy is setting the country’s commercial property market against a backdrop of strong economic growth. Thanks to a small share of exports as a percentage of GDP, positive private consumption growth and favourable credit conditions, Poland has been performing relatively well. Internal demand and the comparatively robust banking sector are expected to be the drivers of further economic growth in 2010 and beyond.

King Sturge is releasing the latest edition of its yearly Poland Commercial Property market report. The research covers the Investment, Offices, Industrial and Retail sectors and highlights the resilience of the property market.

King Sturge reports that investor ‘footfall’ has increased significantly since the dark days of 2008 and confidence that investment volumes will pick-up during 2010 is growing. King Sturge also predicts that in the long term, yields are likely to move in further as the real estate risk margin relative to bonds reduces and the Polish economy, already the 7th largest in the EU, continues to grow.