In brief

• Investors placed EUR 9.13 billion in income-generating real estate in Central and Eastern Europe, of which 52 percent went to Poland.
• After three quarters of 2026, the value of commercial investments in Poland amounted to EUR 4.72 billion, up 82 percent year on year.
• The most capital went to the retail sector, and American capital accounted for one quarter of the volume.

Half of regional capital went to Poland

A total of EUR 9.13 billion was invested in income-generating real estate in Central and Eastern Europe (Polskie nieruchomości przyciągnęły najwięcej kapitału w regionie – Rzeczpospolita). Poland accounted for 52 percent of that amount (Nieruchomości komercyjne w Polsce. Inwestycje wzrosły o 82% – com.pl). Poland remains the largest investment market in the region.

The Polish commercial market in numbers

After three quarters of 2026, the value of investments in commercial real estate in Poland amounted to EUR 4.72 billion, up 82 percent from a year earlier (Inwestorzy wrócili na polski rynek nieruchomości. Wartość transakcji wzrosła o 82 proc. – Bankier.pl). According to CBRE data, this is the highest volume since 2018. The growth resulted from both a larger number of transactions and large single purchases (Inwestorzy wydali na nieruchomości komercyjne już 4,7 mld EUR. To najlepszy wynik od ośmiu lat – Puls Biznesu).

| Segment | Position by investment volume | |---|---| | Retail | first | | Logistics | second | | Office | third |

The most capital went to the retail sector, followed by logistics and office. During this period, funds were buying primarily top-class office buildings and portfolios of logistics and retail assets.

Who invested

Capital from the United States accounted for one quarter of the total volume. Polish investors took 10 percent of this pool, and their purchases were concentrated mainly in the office market. Polish investors also took part in two out of three transactions involving the purchase of office buildings.

What this means for the construction industry

Poland's share in the regional inflow of capital shows that the domestic commercial real estate market continues to attract investors. For developers and construction companies, this means demand for new facilities and modernization of existing ones, especially where rental income is stable. A greater inflow of capital may also increase competition for the best locations and land.