08. Februar 2012 
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Poland: Total investment volume was the highest since 2007
Jones Lang LaSalle to announce the release of two research papers: the latest issue of “Capital Markets Bulletin” on the investment market in Poland in 2011 and the “Warsaw City Report, 4Q 2011”.
2011 closed with over €2.5 billion of transactions across all sectors – the highest since 2007. It represents a 28% y-o-y increase and over three and a half times that on 2009. At the same time it confirmed that the investor sentiment for Poland continued to be very positive throught the entire 2011.
The biggest share in the total volume of transactions fell on retail (€1.2 billion), followed by office (€1.15 billion), industrial (above €100 mln) and hotel (approximately €76 mln) sectors.
The total office investment volume in 2011 was the highest since 2006 and the top four office transactions included North Gate, Focus, Park Postępu and Miasteczko TP. They also accounted for over 40% of the office volume. In addition, the acquisition of the Europolis portfolio by CA Immo had a big impact on the 2011 office investment volume. All but one office investment transactions closed in 2011 took place in Warsaw -the exception was Green Office in Kraków, acquired in December from Buma by Azora Europe.
The most notable Q4 office deals included the acquisition of Mokotowska Square by DEKA, the acquisition of Atrium International Business Centre (approximately €41 million), sale of Moniuszki Tower to Catalyst Capital and the purchase of Młodziejowski Palace by IVG (€22.4 million). Other smaller Warsaw office deals encompass the sales of the Canal+ and N21 office buildings. Q4 also witnessed the closure of one significant office development deal: the forward purchase of Miasteczko TP by Qatar Holding. The only significant office transaction reported outside Warsaw was the purchase of the Green Office A & B buildings in Kraków by Azora Europe.
Volume-wise, the activity in the retail sector in 2011 was very similar to the office sector, in fact, marginally higher. Similarly to the office sector, the top three acquisitions (Promenada, Magnolia Park and Galeria Mokotów) accounted for over 52% of the volume and the following top three deals (DTC, Galeria Pestka and Wzorcownia) accounted for a further 18%.
2011 closed with over €2.5 billion of transactions across all sectors – the highest since 2007. It represents a 28% y-o-y increase and over three and a half times that on 2009. At the same time it confirmed that the investor sentiment for Poland continued to be very positive throught the entire 2011.
The biggest share in the total volume of transactions fell on retail (€1.2 billion), followed by office (€1.15 billion), industrial (above €100 mln) and hotel (approximately €76 mln) sectors.
The total office investment volume in 2011 was the highest since 2006 and the top four office transactions included North Gate, Focus, Park Postępu and Miasteczko TP. They also accounted for over 40% of the office volume. In addition, the acquisition of the Europolis portfolio by CA Immo had a big impact on the 2011 office investment volume. All but one office investment transactions closed in 2011 took place in Warsaw -the exception was Green Office in Kraków, acquired in December from Buma by Azora Europe.
The most notable Q4 office deals included the acquisition of Mokotowska Square by DEKA, the acquisition of Atrium International Business Centre (approximately €41 million), sale of Moniuszki Tower to Catalyst Capital and the purchase of Młodziejowski Palace by IVG (€22.4 million). Other smaller Warsaw office deals encompass the sales of the Canal+ and N21 office buildings. Q4 also witnessed the closure of one significant office development deal: the forward purchase of Miasteczko TP by Qatar Holding. The only significant office transaction reported outside Warsaw was the purchase of the Green Office A & B buildings in Kraków by Azora Europe.
Volume-wise, the activity in the retail sector in 2011 was very similar to the office sector, in fact, marginally higher. Similarly to the office sector, the top three acquisitions (Promenada, Magnolia Park and Galeria Mokotów) accounted for over 52% of the volume and the following top three deals (DTC, Galeria Pestka and Wzorcownia) accounted for a further 18%.
