Investor-friendly cities are to be recognised for the first time in the five-year history of the Eurobuild Awards
The majority of real estate market participants have no doubts that there are certain urban municipalities that are better for investors than others. There are cities where administrative decisions are issued faster and the local government spares no effort or funds in order to meet the expectations of companies. According to a recent ranking of cities published by the Polish Association of Developers, in 2011 more than half of the decisions over site development and building permits in Bydgoszcz were issued within less than two months. However, some cities could not even manage to match that for a single decision over the entire year – and for about half the decisions taken you needed to wait more than a year. "In Warsaw there are no local zoning plans – you need to wait maybe eight months for an environmental decision, six months for site development conditions, and then there is also the waiting for the building permit. When it comes to larger projects the construction p
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