Edition 11 (273) November 2022


In praise of first-timers

Where have you worked before? How many years did you study? What degrees and certificates do you have? Such questions are often asked at job interviews. Obviously, to check whether you have enough knowledge and experience to be of use to the company. But spending your entire life in one industry or doing a single job is no guarantee that you have mastered them. If that were the case, Warsaw’s taxi drivers would be the best drivers in the world – so sometimes you have to trust your intuition and go for a new kid with no experience who seems to know a lot and have aptitude.

Tomasz Cudowski, editor-in-chief
Eurobuild Awards

Twelve galas in the can

Twelve Eurobuild Galas are now behind us! The 32 winners collected their trophies in front of around 900 of the most eminent people in the European real estate market. Once again, the celebration took place in the ballroom of one of the most elegant hotels in Warsaw, one of the few places that can host such a large number of guests – the Doubletree by Hilton Warsaw

Small talk

A clear head for the challenges ahead

Urszula Sobczyk, the head of valuation, Newmark Polska, talks about the geo-political challenges for the market, ESG and why AI isn't going to replace human valuation services any time soon.

Small talk

Power centres muscle in on the market

Anna Dużyńska, the Poland CEO of Equilis Europe, tells us about the company's partnership with Acteeum for developing retail parks in the wake of the successful sale of Galeria Andrychów

Small talk

Adaptation advice in adversity

A new department has been established by CBRE to provide advice for the new challenges that now face real estate players. Its first director, Joanna Mroczek, goes into further details as she tells us why the market needs this focused type of consultancy in such areas

Stock market report

Going down fast

After the slight whiff of optimism at the start of the summer, the beginning of the third quarter was a time of stock exchange sell-offs – both in developed and emerging markets. Against this background, the construction and development markets have fared a little better, even though investors with money in them are gazing directly into the spectre of a serious slowdown


In a happy place

Bogi Gabrovic, the country CFO, and Piotr Flugel, the country construction director and COO of CTP in Poland, reveal in an exclusive interview the development plans of the Czech industrial developer for this country, the advantages of their build-to-own model, the crucial role of ESG, and the impact on the sector of rising costs

Office standards

The elixir of youth

Office blocks from the 90s and noughties can eventually become passé to the outside observer and as uncomfortable to the user as that tight jacket you bought many years ago. But such older buildings can be modernised and, at the same time, reconceptualised

Magdalena Rachwald
Regional markets

A centre of monumental progress

At the recent Expo Real fair, the latest mixed-use project involving the reconstruction of a historic building in Łódź was unveiled: Magazyn Bawełny is to form part the Manufaktura complex. Meanwhile, Off Piotrkowska has been operating in the former Ramisch cotton mill for several years. and now the former Monopol Wódczany distillery, reborn as the Monopolis centre, is taking in tenants, while Fuzja continues to grow on the site of the Scheibler factory. Who can afford to carry out these costly renovation projects – and do they actually pay off?

Julia Cudowska

Healthy development

A number of hospitals are now being constructed or extended throughout Poland. So, we decided to take a look at just a few of these projects and how modern systems, such as BIM, are being employed to bring them up to today’s standards

Alex Hayes
The Expert Eye

Electric avenues

Over the last year, in Poland the number of electric vehicles registered has significantly increased and this has prompted a growing need for charging stations. This has become evident for both by tenants and landlords – who are increasingly thinking about having them installed

Michał Smolny, Squire Patton Boggs Warsaw

Smiling in the face of the storm

This year’s Expo Real trade fair in Munich saw an almost 60 pct growth in attendance compared to last year. And given the current economic situation, there was a pressing need to share some considered opinions about where we should go from here


Going public

I spent a very pleasant World Car Free Day 2022 using the train, the bus, the metro, the tram, and then once again the metro, the bus and then... In the end I was defeated by the public transport in my district

Magdalena Rachwald