Polish real estate transaction levels are set to rise after the investment market hit a six-year low in 2009, according to Jones Lang LaSalle. The property adviser's Warsaw City Report Q4 2009 suggests that while there is rather limited activity in the market in comparison to 2006 and 2007 there has been a substantial improvement in investors’ sentiment when compared to only six months ago. Recently completed deals combined with some ongoing transactions confirm improving market sentiment and this, together with reasonably good economic fundamentals of Poland, shall lead to improvement of market turnovers and some minor compression of yield levels in 2010, JLL concludes.
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