“The Ministry of Finance has announced that the introduction of the act on REITs has been put back and will not now come into force on January 1st 2018. Notably, Polish REITs will now only be able to invest in residential projects. It is likely that such limitations as removing the option of REITs investing in commercial properties will have a negative impact on the attractiveness of this form of investment among individual investors – as well as upon the realisation of the actual aim of the introduction of REITs: the activation of Polish capital, making the capital market more dynamic and giving a significant boost to the economy. The commercial real estate market in Poland is now stable, liquid and has standards that have been established over the years. It is attracting many foreign investors, such as German and Czech citizens, who can invest in pension funds in their own countries to become the co-owners of significant properties in Poland. The share of Polish capital i
Warehouse developers now more cautious
Warehouse developers now more cautious
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
Avison Young
The rise of prefab concrete
The rise of prefab concrete
According to the ‘Sector of heavy precast concrete products in Poland 2025-2030’ report, the combined revenues of the 50 largest precast manufacturers in 2023 came to P ...
Spectis
Modern offices for modern officials
Modern offices for modern officials
Public sector relocates to modern offices The commercial office real estate sector is experiencing growing leasing demand from state institutions. Class A office buildings, featur ...
Newmark Polska