EUROPE Warsaw is an excellent place for luxury brands to expand. The case for doing so is even more compelling considering the fact that an increasing supply of good quality commercial space is being developed on high streets. Such were the conclusions reached at the ‘Warsaw: New development Direction for Luxury Brands in Poland’ conference, which took place on November 25th at the Polish Embassy in Paris.
The meeting was organised by Kulczyk Silverstein Properties and the Polish Chamber of Commerce and Industry in France. “We want to start a discussion on the attractiveness of Warsaw for top shelf brands and show that it can offer friendly and modern space for meetings and shopping to tenants and customers alike,” said Maciej Zajdel, a board member of Kulczyk Silverstein Properties, which is the owner of the Ethos building that is currently being redeveloped on pl. Trzech Krzyży.
Richer by the day
The attractiveness of Poland, and its capital in particular, is supported by the data on the affluence growth of the Polish population. During the meeting, legal advisor Przemysław Rosiak and D. Dobkowski, a partner associate of KPMG, outlined the conclusions of the fifth ‘Luxury goods market in Poland. Polish Premium and Luxury Brands’ report, which was prepared by KPMG. According to the report, in 2015 the value of luxury
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