WARSAW: The value of transactions in the commercial real estate market fell by 52 percent to €430 million in Q1 2015, according to real estate company Cushman & Wakefield.
“In Q1 2015, as many as 12 deals were struck in Poland, but due to its low average value, the total value of transactions fell by 52 percent to €430 million. The biggest transaction was the acquisition of the Green Horizon office scheme by Griffin Real Estate for about €65 million,” a report read. C&W foresees that the total value of investment transactions in the commercial real estate sector in CEE will stand at €7.5 billion.