In terms of asset classes, there have been a number of logistics and hotel deals. These include multiple transactions of InPost logistic assets bought by three different SCPIs – Alderan, Remake and Inter Gestion REIM, Epsicap’s takeover of the 7R City Flex logistics asset in Poznań and a cross-dock logistic facility in Olsztyn, and Remake’s purchase of four B&B hotels located across Poland and a logistics facility in Wolbórz. Offices continue to attract investment, with Arkéa, on behalf of Transitions Europe, deploying in the Brain Park A office building in Kraków.

While SCPIs are continuing to expand existing exposure to their core markets, particularly the UK and Spain, it appears that Poland is currently one of the hottest markets for them. 

The Polish attraction

The two main reasons for this are improving market fundamentals and SCPIs’ continued aspiration to diversify. Net inflows reached €4.5 billion in 2025, up 44% year on year, with a strong final quarter totalling €1.3 billion. Capital has been concentrated in a number of leading vehicles, notably Transitions Europe, managed by Arkéa, Corum Origin and Iroko Zen, with each attracting over €500 million. This concentration reflects a clear preference for SCPIs with an international or pan-European strategy, as investors increasingly prioritise geographic diversification.

Poland, as the biggest market in Central and Eastern Europe (CEE), is the obvious entry point to the region and the country currently offers prime yields in the low 6% for hotels or office assets, which appeals. The IMF forecasts that Poland's economy will grow 3.3% in 2026, well above the figure of 1.3% for Europe as a whole, making it an attractive investment case on a regional level. 

French occupiers have extra appeal

In terms of assets, we are seeing a slight preference for buildings which house French tenants or brands. The reason for this is that it appeals to investors back in France when they know their money is connected to a well-known company abroad. Furthermore, Poland has some of the most modern office and logistics stock in Europe, with the vast majority of logistics assets (close to 50% of total stock) built in the last six years. This is a further pull factor as the buildings can, again, be showcased as some of the best in Europe to investors back home. As the year progresses we expect this investor group to continue to invest across asset classes and regions and it looks like Poland will benefit from significant interest from SCPIs.

Further information

Contact Małgorzata Lińska-Bator or Lydia Brissy

French SCPIs move East and North