BNP Paribas Real Estate Poland has summarized the first three months in the Polish investment market and pointed out, among other things: reduction in investors' appetite and waiting caused by the war in Ukraine, combat with inflation, rising commodity prices, as well as a hesitant start of the year in the sector of logistics and industrial investments.
Logistics and warehouse properties used to be at the top of the list as the most attractive and sought-after investment assets in the last two years. Therefore, EUR 200 million in total volume for the first quarter is a significantly underestimated result. Especially given the fact that first the pandemic and now the war have shown how important a piece of the business puzzle is the development of a well-planned and uninterrupted logistics, including warehouse logistics. Another factor that further strengthens the potential of this sector, which will become visible in the upcoming months, may be an increase in demand driven by tenants closing their businesses in Russia
says Mateusz Skubiszewski, Head of Capital Markets Department, BNP Paribas Real Estate Poland.