We invest in mid-scale commercial properties in the most dynamic European markets
Poland
A strong and stable economy
Poland is the largest country in Central Europe with over 38 m inhabitants. Its strong economic fundamentals, stable financial and political systems ensure advantages and effectiveness of new investments into the country. Poland was the only country in Europe demonstrating positive GDP growth during the recent global economic downturn.
| Indicator | 2023 projection |
| GDP growth | +0.9% |
| Inflation | 10.8% |
| Unemployment | 3.5% |
Source: Poland’s Central Bank, European Commission
Booming real estate market
Swiftly developing business activity, large population as well as opportunities of debt financing determine rapid growth of all major real estate segments – office, retail and industrial. Compared with other CE countries Poland stands out in terms of volume, quality and price of modern properties and offer a wide range of opportunities for investors.
Favorable location
Convenient location on the crossroads of numerous trans-European routes makes Poland a perfects destination for international business and trade thus enhancing demand for modern commercial real estate and infrastructure. A dozen of international airports and large Baltic Sea ports strengthen its strategic logistics potential.
Attractive returns
Yields in Poland are still more attractive than in Western European countries by 2-3 basis points for prime properties. Value appreciation prospects and high liquidity attract new market players from all over the world.
High volume of FDI
Poland attracts more than 50% of all investment flows in the Central European region. Numerous foreign companies choose the country to establish their operations and increase investments due to the transparent legal framework as well as political stability and continuous economic growth.
Comparison of prime yields for some European countries
| Country | Office | Retail | Logistics |
| United Kingdom | 5.6% | 7.75% | 4.5% |
| Germany | 3.2% | 4.9% | 3.6% |
| France | 3.15% | 3.25% | 3.75% |
| Spain | 3.7% | 5.5% | 4.25% |
| Portugal | 4.25% | 5.5% | 4.75% |
| Poland | 5.0% | 5.35% | 5.0% |
| Czech Republic | 4.75% | 5.5% | 4.5% |
Source: JLL, CBRE, Savills, CW, BNP RE