The influence of real estate valuations on the mortgage market and the connection between the two elements are very clear nowadays. However, it needs to be remembered that this was not always the case in the past. Only the gradual development of our residential market and the simultaneously developing mortgage market changed the situation. There was a time when the banks did not make valuations according to our present standards. The market reality soon challenged these practices and a natural trend emerged among banks to determine the risk involved in granting mortgages more precisely, as a consequence of the volume of bad debt. This is directly connected with the value of real estate as the collateral of a mortgage. The first few signs appeared that the issue had to be treated by the banks as a higher priority. And 2008, when the market collapsed, was a significant moment. It was a very strong signal that the market required some serious changes in this respect and a different strate
EXPO REAL 2025: From survival mode to selective recovery
EXPO REAL 2025: From survival mode to selective recovery
This year’s EXPO REAL in Munich marked a noticeable shift in tone across industry conversations. Following a period of uncertainty and postponed investment decisions, the com ...
Axi Immo
Are lease agreements in retail parks still triple-net?
Are lease agreements in retail parks still triple-net?
The lease agreements concluded for retail parks increasingly feature solutions that differ from the classic Triple Net Lease agreements, particularly as regards the settlement of o ...
CMS
Flex market picks up momentum
Flex market picks up momentum
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...
Walter Herz