WARSAW: The real estate company Cushman & Wakefield said that the value of transactions in the commercial real estate market fell by 52 percent to €430 million in Q1 2015.
“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.