Poland remains overseas buyers’ first CEE stop in 2021

Although the CEE investment market is still in flux as investors try to understand the direction the markets will take in 2021, Poland continues to be their “darling” and the hub of most investment activity, according to Colliers International’s head of capital markets CEE Luke Dawson.

Talking to Real Asset Insight’s Richard Betts, he said that in the last few months at least three new Asian buyers have entered the Polish market. “I think we will see more international buyers make their first, and potentially their second and third, stop in Poland before going to the rest of Central Europe,” he said.

The size of the market, perceived liquidity and the availability of product are Poland’s main attractions.

While the Czech market has a lack of supply and domestic demand dominates, strong international interest awaits if more opportunities arise.

However, there is going to be more of a wait-and-see attitude towards Slovakia, Hungary and Romania as investors try to understand the occupier market, Dawson said. Romania is probably the market with the most potential for large deals, however. Pricing is among its advantages, Dawson added.

Click on the video above to watch the full interview or listen to the podcast below.