(PRWeb UK) March 17, 2010
The resilience of Poland’s economy is setting the country’s commercial property market against a backdrop of strong economic growth. Thanks to a small share of exports as a percentage of GDP, positive private consumption growth and favourable credit conditions, Poland has been performing relatively well. Internal demand and the comparatively robust banking sector are expected to be the drivers of further economic growth in 2010 and beyond.
King Sturge is releasing the latest edition of its yearly Poland Commercial Property market report. The research covers the Investment, Offices, Industrial and Retail sectors and highlights the resilience of the property market.
King Sturge reports that investor ‘footfall’ has increased significantly since the dark days of 2008 and confidence that investment volumes will pick-up during 2010 is growing. King Sturge also predicts that in the long term, yields are likely to move in further as the real estate risk margin relative to bonds reduces and the Polish economy, already the 7th largest in the EU, continues to grow.
To download a copy of the report, go to: http://kingsturgefiles.com/publications/report/pcpm2010/
- ENDS -
Notes to Editor:
King Sturge is one of the largest international property consultancies in Europe with 42 owned offices in 14 European countries, forming part of a network of over 215 wholly owned, associated and affiliated offices in 47 countries worldwide. Over 3,800 staff throughout these offices cover all property sectors and specialisms including plant and machinery, and residential.
In Europe, King Sturge operates in the major UK commercial centres and principal mainland European cities. In Asia Pacific, the firm has associations in Australia, Indonesia, Malaysia and New Zealand. In the Americas, King Sturge has business partners in North, Central and South America through King Sturge CORFAC International and ChainLinks Retail Advisors.
Through a joint venture with a wealth manager, King Sturge now has a presence in the Middle East. The office will initially be based in Dubai, concentrating on states in the Gulf Corporation Council: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
NEWS RELEASE: NR320