An informal synergy

A business breakfast organized a few months ago by the law firm Miller Canfield, gave birth to a new 'synergy' (as the participants like to call it) between the Polish hotel representatives of real estate agents Colliers International, consultants WS Atkins and the lawyers themselves. Together they aim to form a type of vanguard in the market and win one another business in the process Over-supplied it may be but Poland's market is still very young and new investors are entitled to approach it with some trepidation. By working together, in what the three firms stress is very much an informal arrangement, they hope to reduce the risk that foreign hotel operators might confront on coming to Poland. Put simply, WS Atkins can help developers and investors design and equip their hotels in the most efficacious way, Miller Canfield are on hand to deal with contractual complications and Colliers International deal with transactions. "If a site is chosen properly, the financi