Building scale and presence
When it comes to the industrial sector, investors are predominantly interested in portfolio acquisitions of standardised blue-chip products within core locations, preferably portfolios spread across the CEE region or Europe.
We have also witnessed increased liquidity on the Czech Republic market, and taking into account the ongoing transactions - in particular in the industrial sector - we should expect a record transaction volume this year, setting new yield benchmarks for the market.
In Hungary, meanwhile, a few significant transactions are expected to take place later in the year, but the warehouse investment volumes remain limited when compared with Poland and the Czech Republic - it still falls below 10 pct of the combined volume for the CEE region. Although not all investors are yet convinced that the economy has recovered, some positive signals have been observed which in the medium term could have a positive impact on the dynamics of the market.
As for Segro, we have completed two major acquisitions this year in Central Europe, both being part of larger pan-European transactions and totalling almost 200,000 sqm of modern logistics space. These deals underline Segro’s strategy of building scale and expanding our presence in our target European logistics markets.
An open door to redefining the commercial real estate market in Poland
An open door to redefining the commercial real estate market in Poland
The investment slowdown in the commercial real estate sector that we have been observing in Poland for over a year is primarily the result of the tightening of monetary policy arou ...
Walter Herz
The retail sector is not slowing down
The retail sector is not slowing down
The pandemic, conflict in Ukraine as well as inflation and high interest rates that recent years have brought have reshaped the real estate market around the world. The global slow ...
Walter Herz
Retail parks – current opportunities
Retail parks – current opportunities
Over the last few years, retail parks in Poland were mostly developed in smaller formats, around 5,000 sqm, either adding to the existing retail landscape or introducing modern ret ...
Avison Young