Developer profits still rocketing
schedule 19 November 2019
The aggregate net profit of the 30 largest commercial property developers in Poland hit an all-time high of PLN 985 mln (EUR 230 mln) in 2018, which translated into a net profit margin of 25 pct. The latest data from the investment transaction market and property developers’ interim financial statements suggest that 2019 could be as good a year as 2018 was for the industry in terms of profitability. The aggregate net profit margin of the 30 leading office, retail and warehouse developers operating in Poland ranged between 17 pct and 26 pct from 2012 to 2018, which represents an average annual margin of 21 pct.One major factor is the solid volume of property investment transactions in Poland, which has been consistently high in recent years and has had a stabilising effect on commercial property developers’ hefty profit margins. The property investment transaction volume topped the PLN 30 bln-mark (EUR 7 bln) for the first time on record in 2018. What is important is that as
Already have an account? Log in
58% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
- Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
Sales up, supply down
Sales up, supply down
In the first quarter of 2026, the Polish housing market recorded a significant increase in sales. A total of 12,900 apartments were sold across the country's seven largest cities ( ...
JLL Polska
Rent isn't everything. The real costs of leasing warehouse space
Rent isn't everything. The real costs of leasing warehouse space
Choosing a new warehouse takes much more than simply comparing rental rates across a few or even a dozen centres. With rising energy costs and varying technical standards, the actu ...
Newmark Polska
A good foundation from which to grow
A good foundation from which to grow
Poland's role and the strength of its economy are increasingly visible in the European commercial real estate market. We have strengthened our leading position in Central and Easte ...
CBRE