In 2017, a global real estate services firm Cushman & Wakefield closed transactions accounting for more than 50% of the overall investment volume in Poland, 40% in Hungary and Slovakia as well as 30% in the Czech Republic.
In Poland, Cushman & Wakefield transacted nearly EUR 2.5bn, accounting for 52% of the overall recorded investment volume. The largest transaction brokered by Cushman & Wakefield on the Polish market last year was the acquisition of the Magnolia Park shopping centre in Wrocław for nearly EUR 380m. The shopping centre offers approximately 100,000 sq m, making it one of the biggest in the region. Magnolia Park is home to 241 stores and attracts a footfall of almost 11 million visitors a year.
On the industrial market Cushman & Wakefield brokered Logicor’s acquisition by China Investment Corporation (CIC). Logicor is a leading owner and operator of modern logistics and distribution facilities in Europe. It owns 900,000 sq m of space in 28 warehouses across Poland.