As 2025 progresses, Poland’s real estate market continues to show resilience and optimism, offering various attractive investment opportunities across different sectors. Additionally, discussions surrounding new legislation on Real Estate Investment Trusts (REITs) are ongoing, which could introduce new investment vehicles and enhance market liquidity.
Poland’s economy experienced a strong rebound in 2024, with:
- GDP growth reaching 3.1%;
- stabilised inflation at around 4.0% on average for the year;
- total investment volume for 2024, which increased by 120% compared to the previous year, reaching appx. €5 billion
These positive economic indicators are likely to lead to interest rate reductions in the latter half of the year, which would definitely increase investment activity.
From the legal perspective – the ongoing discussions about REIT legislation could further stimulate investment by offering more structured and transparent real estate investment options, making Poland’s property market more attractive.
Sector specific insights
Living Sector: remains strong, driven by steady demand and a growing interest from institutional investors. Developers are actively launching new projects, particularly in major cities, where urbanisation and migration trends continue to fuel demand. The potential introduction of REITs could further stimulate investment in large-scale rental developments, making residential/PRS real estate an even more attractive asset class. Additionally, if REIT legislation is passed, investors may gain additional incentives to target high-growth regional markets.
Emerging Asset Classes: investors are showing heightened interest in mixed-use developments that combine residential, commercial, and recreational spaces. Additionally, there is a growing demand for green and sustainable buildings, reflecting a broader trend towards environmental consciousness and energy efficiency.
Retail Sector: investor interest in retail properties is on the rise. Well-performing shopping centers and retail parks, especially those in prime locations, are attracting attention. The sector is benefiting from stable consumer demand and the continued expansion of both international and domestic brands.
What about the future?
Overall, the first half of 2025 presents promising conditions for real estate investment and development in Poland, with a solid economic foundation, increasing investor activity, and potential regulatory improvements. The introduction of REITs could be a game-changer, further modernising the investment landscape, allowing for greater transparency, improved capital flow, and increased participation from local capital, making Polish real estate more accessible and liquid, further strengthening its appeal as an investment destination.
If you would like to discuss the article further, please contact Joanna Wojnarowska or Weronika Roesler.
