PL

Edition 7 (250) July 2020

Office & mixed-use development

The future’s flex

Hungarian-based serviced office operator New Work has gone from strength-to-strength in the CEE region since its foundation eight years ago in the aftermath of the credit crunch. Now it is poised to expand even further in the wake of the latest crisis, according to the company’s CEO, Hubert Abt, who we spoke to in an exclusive interview

Nathan North
Editorial

Strange days!

Guess who’s on the front cover? If you don’t know him, and probably you don’t, he’s the building manager of a certain residential project in Warsaw. You could see him as symbolising all the workers in our sector who were unable, even during the strictest days of the lockdown, to work from home.

Tomasz Cudowski - acting editor-in-chief
Warehouse & industrial

Hot spring for Panattoni

POLAND This spring saw Panattoni both complete and launch work on several new buildings.

Office & mixed-use development

Race to the top!

POLAND The race between developers to complete a series of office towers continues in Warsaw.

Stock market report

To hell and back

As the title of this piece suggests, it has been something of a roller-coaster ride for the global stock exchanges over the last three months. The pandemic-induced panic triggered plummeting share prices in Poland and across the world by dozens of percent, while the US suffered a one-day fall comparable to Black Thursday in 1987

Feature

Heroes in a hard hat

Across Europe hundreds of building sites were forced to close due to the Covid-19 outbreak. but in contractors Poland have been able to avoid this, keeping many projects more or less on schedule. it’s no exaggeration to say that this has saved The entire Polish property investment market

Tomasz Cudowski
Investment & Finance

After the virus, the hunger for opportunities

Tomáš Picha, the senior director of Central and Eastern Europe transactions of Invesco, believes that the Covid-19 crisis will not lead to plummeting real estate prices – But if there are any investment opportunities for investors, they will only be for those who really know how to take them

Rafał Ostrowski
Warehouse & industrial

Stronger, fitter, healthier sheds

The impact of Covid-19 on the global economy has been like slamming on the handbrake – and For most sectors the pandemic has been nothing short of a calamity. but in a few cases it has actually squeezed down the throttle. The lucky beneficiaries include the warehouse market, as it cashes in on the e-commerce boom

Agnieszka Zielińska
Endpiece

Still not dead yet

When I agreed to write this endpiece I told everyone I was not going to write about coronavirus. so instead, I’m going to write about Covid-19

Alex Hayes
Retail & leisure

Like a phoenix from the ashes

Although some shoppers have migrated to the internet, a large number were just waiting for traditional stores to reopen. The lifting of restrictions on the restaurant and beauty sectors has also helped bring people back into malls – but there’s still a long way to go before things can get back to normal

Anna Korólczyk-Lewandowska

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