Poland Real Estate Market Outlook 2023

Economy

High-inflation environment will be the greatest challenge for Poland’s economy in 2023. Economic growth will slow down in spite of positive forecasts.

Investment

The investment result in 2022 was a positive surprise but in 2023, a lower activity of the investors should be expected.

ESG

ESG criteria are an important element of strategy of investor and property management organisations. In 2023, we can expect an increased interest in sustainability strategies and their greater importance in investors’ decisions.

Office – Warsaw and regional cities

High quality, certified buildings with diverse, relatively stable market conditions and qualified employees still attract new market participants and create an environment for growth for both international and local players.

Retail

The retail market will be growing steadily in response to the consumers’ needs and expectations.

Industrial & Logistics

In spite of the tenants’ high activity in 2023, a demand slowdown is forecast in 2023.

Residential

High interest rates and uncertainty have permanently reduced the demand from individual buyers.

We wish you pleasant reading!