Polish blood

Wojciech Orlof, ING Real Estate Development’s new head in Poland, promises an energetic entrance into the housing sector. But what further ideas for growth is he dreaming up for the developer, associated for many years mainly with Złote Tarasy?

 Pole in position

 Red Hot Housing Market

  focus is mainly on Warsaw, but we are also looking at land in Kraków, while we see a place for mixed-use projects in Wrocław.”

Railways still attractive

According to Wojciech Orlof: “The project to develop the Hay and Crayfish Market Place in Gdańsk is also still an interesting proposition, since we have already spent much on it.” However, Gdańsk city council has lost patience with the developer, and following a period of closed discussions over the development of this attractive site, are planning to announce a competition for investors in the next couple of months. Apsys, TriGranit, Multi-Development and Buro Happold have been invited to describe their experiences with similar ventures. Does this mean the city authorities will not give ING RED a second chance? Time will tell and it will also prove whether the company will be able to cope with housing market realities where the competition for plots is unusually fierce.     z

 Ewa Andrzejewska