While the rest of the world watches Ukraine deal with the ongoing effects of its invasion by Russia in February 2022, the real estate industry should be paying particular attention to its neighbour. As a result of the war, Poland has been unfairly discounted by real estate investors due to its geographical positioning – investors view the country with hesitation and unease given misplaced speculation that the war spill over. Consequently Polish real estate investment in the second half of 2022 was down 35% on the five-year average. However, Cromwell’s recent research points to Poland as an underrated investment opportunity which will actually benefit from its proximity to Ukraine in future years.
As Ukraine’s neighbour, Poland has experienced significant demographic changes since the outbreak of the war. The European Investment Bank estimates that 7.5 million people have fled to Poland so far, with at least 1.5 million of those set to remain in the country permanentl
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 ...