PL

Edition 1 (227) January 2018

Editorial

The butterfly effect

The basic difference between the past and the future is that the former is, as long as it’s not being used as a political football, agreed on and fixed. The laws of nature are also supposedly clear and immutable, but nature can sometimes be capricious.

Tomasz Szpyt-Grzegórski
Events

Eight miles high

On a dark and rainy evening in Warsaw in early December, a somewhat sunnier scene was taking shape at the DoubleTree by Hilton hotel in the city’s Wawer district, where all the most important players in Poland’s and the CEE region’s real estate market were gathering for the 8th Eurobuild Awards Gala.

NN
Feature

From the best 238 to the best 22

The buildings and companies that have had the greatest impact on the Polish real estate and construction markets in the last year have been recognised at the Eurobuild Awards for the eighth time

Anna Pakulniewicz
Feature

Attractive twenty-year-old

Adgar Park West in Warsaw has beaten off some of Poland’s most modern office projects to take the accolade of the best office facility of 2017 according to the tenants. This wouldn’t be so surprising if it were not for the fact that the first building of the complex was completed in the mid-1990s

Tomasz Szpyt
Feature

Twosome top the poll

Senior property manager Magdalena Filipczak, and client relationships director Agnieszka Krzekotowska – both with Colliers International – walked away with the title of best office managers at the Eurobuild Awards 2017. They are both responsible for the Warsaw Financial Center skyscraper in Warsaw. But what is their recipe for success?

Interview by Tomasz Szpyt
Feature

Kielce coronation

By beating off Magnolia Park in Wrocław and Riviera in Gdańsk, Galeria Korona Kielce in Kielce won the title of the Shopping Centre of the Year in the tenants’ vote at the Eurobuild Awards 2017. The survey, carried out by research company Millward Brown, included 29 Polish malls, which were assessed by their tenants in a questionnaire comprising 33 questions

Aneta Cichla
Feature

Honour and obligation

Filip Kryłowicz, the director of Arkadia in Warsaw, has been chosen as the shopping centre manager of the year by tenants. He was the clear winner in Millward Brown’s survey carried out for the Eurobuild Awards 2017

Interview by Aneta Cichla
Feature

First class Nadarzyn

The winner of the Warehouse of the Year category at the latest Eurobuild Awards was Segro’s complex in Nadarzyn. It probably has everything it should have: good rents, high quality and an excellent location

Rafał Ostrowski
Feature

The art of compromise

Cezary Pawłowski of Segro, who has won the best warehouse manager of the year award in the tenants’ vote, nevertheless considers himself to be a young manager who still has a lot to learn

Interview conducted by Rafał Ostrowski
Office & mixed-use development

PHN extends its reach

Eurobuild CEE: In 2017 PHN announced its goals for 2017–2023. How feasible are they?

Interviewer: TSG
Residential

Jaguar not included

What stage of development is the Polish premium apartment market at? Is it in its infancy or has it learned to walk?

Interviewer: Tomasz Cudowski
Construction

Modules of the future

Polcom started its operations twenty years ago with one man, your father Eugeniusz Słomiński, in a workshop in the village of Rytel in the Bory Tucholskie Park. Nowadays your firm produces hotel construction modules for some of the largest cities. Could you tell us about the reach of the company?

Interviewer: Rafał Ostrowski
Stock market report

A good and a bad year

A weak year-end on the Warsaw Stock Exchange put the lid on what was actually a good year for investors. However, the barrel of good apples, such as rising share prices and the main index approaching its historical peak, contains one huge rotten apple. Construction firms lagged behind the market and are not being tipped to do well in 2018 either. Residential developers, meanwhile, have been making hay while the sun shines

Feature

In an acquisitive mood

Cheap loans, an economy that continues to grow and some good prospects for the future – these are among the factors that are encouraging investors to buy out companies. Doing so allows them to quickly achieve a greater scale without the hard slog of building a team and a portfolio. And the trend is set to continue in 2018

Tomasz Szpyt-Grzegórski
Investment & finance

Stability in a changing world

In a world of low interest rates and rapid growth, the world of real estate is undergoing radical change. Lauric Leclerc deputy chief executive of BNP Paribas Real Estate guides us through the changes

Alex Hayes
Retail & leisure

Sunday, bloody Sunday

In two year’s time we will no longer be able to shop on Sundays. This represents a huge change for the retail market and will need to be prepared for – and it will also be a major test of its resilience

Aneta Cichla
Office & mixed-use development

4 legs good

Bringing your dog to work was almost unheard of a few years ago, but now it’s becoming a thing – even among tenants of modern office buildings. What’s the best way to introduce your four-legged friend to the office without rubbing your co-workers up the wrong way, not to mention the owner and manager of the building?

Tomasz Cudowski
Events

The future is L-shaped

The three Ls used to mean: location, location, location. Now the L should stand for ‘labour force’ – this was one of the conclusions that came out of the 23rd Annual Property Market Convention organised by Eurobuild Conferences

And
Events

Back to the future – virtually speaking

At an event hosted by Triuva in Warsaw on November 29th, the company was able to show off its Polish projects, while getting to know the agencies and other real estate specialists better. But it was the networking – and having fun while doing so – that was the most important element of the party

Endpiece

Leading not lagging

Office space is being snapped up like hot cakes; records are being broken in the residential segment; the investment market remains determinedly bullish – we know that this was all the case last year. But who can guess what AHEAD OF US in 2018?

Rafał Ostrowski

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