PL

Good because it’s Polish

Editorial
Russian vodka is ok if you need to clean the oven. For drinking, it must henceforth be Polish – this is what the heart-throb and quite brilliant House MD actor Hugh Laurie recently tweeted, displaying his knowledge of one of our export goods. The ‘good because it’s Polish’ trademark could also be given to our commercial properties. Nowadays it is not only the representatives of German and Austrian funds that you can bump into in Warsaw, but also guests from America or China. How are local investors shaping up against this background? Do they deserve the ‘good because it’s Polish’ title?

It is not easy (but nevertheless, worth having a go) to compete with international giants who have billions of euros at their disposal and who are willing to buy large portfolios worth several million euros. This is the picture of the market that will emerge from reading two features on the pages of our magazine: ‘The wind of optimism’ and ‘An institution around here’. What is for certain is that many interesting things should take place this year – investors will probably spend more than last year’s EUR 3 bln on acquisitions in our market, the Czech Republic will return to the game for good, while Hungary should experience a thaw in its chilly investment climate. Thus there should be no shortage of opportunities for celebrating. And while we are on the subject of celebration, for this we could of course turn to one of our great Polish exports – vodka, or a fine Polish wine (no, this is not a mistake, it could come from the Lesser Poland Gorge of the Vistula). But we might be kicking off the celebrations with a glass of Provençal rosé in Cannes very soon...

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