How sustainable is the Polish property market? The new country study by Deutsche Hypo – NORD/LB Real Estate Finance sheds light on current market developments and challenges.
Deutsche Hypo – NORD/LB Real Estate Finance has published a comprehensive country study that analyses current market developments in the office, retail, logistics and residential (built-to-rent) asset classes. The real estate special with the title ‘Poland. Optimism after a period of stabilisation.’ examines the future viability of the market against the backdrop of economic and geopolitical conditions as well as selected structural trends and addresses the associated challenges and risks.
Poland regained its strength as a business location last year and recorded significantly higher growth in 2024 compared to the EU average, which is expected to continue in 2025. The country benefits from its geographical location, which, in conjunction with favourable framework conditions, robust consumption and a low unemployment rate, leads to stable economic growth.
In terms of the various asset classes, all sectors recorded significant growth last year. Office properties took the lion’s share of the investment volume, closely followed by retail and logistics properties. The topic of sustainability is at the centre of all asset classes. ESG criteria are of central importance and there is an increasing focus on energy-efficient construction methods and sustainable utilisation concepts.
‘Now that the Polish economy and property markets have performed better than expected in the past year, we can look forward to the current year with renewed optimism. Improved economic indicators, combined with more favourable financing conditions, will provide positive impetus for the Polish real estate market in 2025,’ explains Beata Latoszek, Head of Representative Office Warsaw.
The international property trade fair MIPIM – taking place in Cannes from 11–14 March 2025, offers a good opportunity to discuss the Polish property market, as well as other European markets and other industry topics. Deutsche Hypo – NORD/LB Real Estate Finance will be exhibiting at the German Cities & Regions Pavilion at a joint stand with the state capital of Hanover, the Hanover region, KSB Intax and the asto GROUP (stand R8.D24).