PL

Edition 3 (167) March 2012

Editorial

Acts and agitation

The latest news on the ACTA saga - Austria has suspended its ratification of the agreement on the Anti-Counterfeiting Trade Act designed to combat internet piracy, until the EU has reached a decision on the matter.

Ewa Andrzejewska
Office & mixed-use development

Busy BBI

POLAND They entered the New Year with some enthusiasm. Negotiations were finalised for a leasable area of 12,100 sqm and Pekao bank was persuaded to grant them a loan of EUR 105 mln for the Plac Unii office and retail development in Warsaw.

Ewa Andrzejewska
Investment & finance

MGPA eyes up the opportunities

POLAND MGPA's portfolio is soon to become very large indeed - and with several hundred million euro to spend it just won't do to buy basic products, you need to do some serious property shopping.

Ewa Andrzejewska
Warehouse & industrial

A year in warehousing

CEE REGION All the major developers of warehouse space could claim that 2011 was a successful year, particularly in Poland, where transaction volumes were up by 20 pct with 1.8 mln sqm more space leased than in 2010, according to figures from Colliers International.

Alex Hayes
Hotels

A guest of the castle

POLAND "It is not out of the question, if we manage to find an interesting historic building that is suitable to be adapted into a functional hotel, that we shall start another project," declares Andrzej Dowgiałło, president of the management board of Zamek, which is part of Grupa Anders. His latest facility, Hotel Krasicki in Lidzbark Warmiński, has just beaten off all-comers from across the globe to win both the Best New Hotel Construction & Design in the European and International categories at the International Hotel Awards gala held in London in January.

Krzysztof Tomaszewski
Stock market report

Wave of optimism

Increases on the Warsaw Stock Exchange have made up for a slightly sluggish start to the year. This would not have been possible if it had not been for the improving mood across the world - as the belief grew that the second wave of the crisis would not be as painful as the first

(Mir)
Feature

Tightening the money tap

It will soon become even harder to obtain loans for the construction of commercial facilities and apartments. Only projects which generate high profits from leasing or the sale of residential units can count on bank money. The credit margins charged by banks are also to be increased.

Krzysztof Tomaszewski
Feature

The feminine touch

Corporate women who decide to start up their own companies at first seem very different, but dig a little deeper and you will find qualities That they all share

Alex Hayes
Office & mixed-use development

Stereotypes and green gilding

To invest in the provinces or to stay in Warsaw? Is the city's central business district losing its importance? Are eco-certificates just marketing or even a form of minor fraud? And what should we expect in the months ahead? ?Eurobuild CEE' invited some of the major players on the Polish office market to discuss these issues

Zuzanna Wiak
Investment & finance

The power of Perception

Amidst all the gloom pervading the EUropean union at the moment - the sovereign debt crises, the threat to the future of the Euro, the painful restructuring that lies ahead - one piece of news has given us hope of a return to normality: Croatia is to become the 28th member of the eu

Nathan North
Investment & finance

Perfect pretext

What do plastics, speedway and real estate have in common? Nothing apart from the fact that Marta Półtorak has invested in all three

Zuzanna Wiak
Law

Shopping centres uglier than landfills?

One of the prerequisites for obtaining a construction permit in Poland is that the proposed development should comply with the local zoning plan. If no plan is in place, the development should be approved under an individual planning permit. This is the case for various sorts of development, even including those as problematic as landfills. Does the "zoning plan or planning permit" rule also work for shopping centres?

Law

New areas of regulation

Developers in poland and their bankers are all wondering about the implications of the new home buyer protection legislation. While The developers are working intensely to sell projects in line with the new rules, the bankers are working to prepare new products both for developers and their customers, as well as to secure their interests as mortgage lenders

Law

A long and difficult birth

The polish residenial sector will never be the same again. On april 29Th 2012, The market will enter into a new era of legal protection for home buyers with the implementation of the act often referred to as the "developers' act", as it governs the relationship between developers and buyers. The story could easily be the topic for a book about the history of polish legislation

Endpiece

Fit to lead?

City rankings - on the one hand, they are an attempt to collate reams of data and represent the best performers on a simple chart. But on the other hand, do they actually reflect reality?

Radosław Górecki
Investment & finance

Local Hero

It was with The internet and car parts that Maciej Grabski originally made his fortune, but now he has another money spinning venture - investing in Tricity real estate

Zuzanna Wiak

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