On 2 July 2019 the president of Poland signed an amendment to the Act on National Property. The changes to the law have important implications for the application of the Act on Real Estate Management of August 21st 1997 and the Construction Law of July 7th 1994. The legal changes to the Real Estate Management Act and the Construction Law will enter into force in 30 days from their publication. The main change governs when, after the right of perpetual usufruct has been granted to the land, there is a permanent change in the usage of the property (resulting in a change in the stated usage of the perpetual usufruct). In such cases, an application for a change in the stated usage should be submitted by the relevant authority (such as the County Governor (starosta), a local government department or official, including community head (wójt)/ mayor (burmistrz)/ city mayor (prezydent miasta)) or the perpetual usufructuary. A change in state may be applied for, provided th
Minimalism or a wealth of features? How companies view offices?
Minimalism or a wealth of features? How companies view offices?
The office market showcases two polar opposite trends in how companies approach leasing and arranging spaces, which can be described as a wealth of features and minimalism. Two d ...
Walter Herz
Office spaces in logistics centres: an alternative to office buildings?
Office spaces in logistics centres: an alternative to office buildings?
The office market in Warsaw is currently experiencing a period of stability in terms of supply and take-up. Recent data on overall tenant activity indicates that clients in the cap ...
Axi Immo
Driving Efficiency: The Impact of the EPBD Directive on Commercial Real Estate in Poland
Driving Efficiency: The Impact of the EPBD Directive on Commercial Real Estate in Poland
Poland's commercial real estate sector faces a major challenge in meeting the ambitious targets set by the updated EPBD. From costly retrofits to regulatory uncertainty, investors ...