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Spreading your bets

Investment & finance
We spoke to Mariusz Poławski, the vice-president of Marvipol Development, about entering a much heated warehouse market, an apartment with a PLN 15 mln price-tag, and the new promised land on the Baltic coast
Tomasz Cudowski, ‘Eurobuild Central & Eastern Europe’: Why is such a busy residential developer entering the warehouse market? Mariusz Poławski, Marvipol Development: Our joint projects with Panattoni basically form a classic diversification of our activities in order to reduce the business risk. Our aim is to take advantage of the boom on the warehouse market, and in this we will be supported by a strong partner – the number one on the warehouse market in Poland. This cooperation is built on the personal relationship between the heads of both companies – Robert Dobrzycki and Mariusz Książek, who have already known each other for some time. The risk of entering an unknown field was significant, but the faith we had in our success matched it. It started with a project at Konotopa on Warsaw’s western outskirts – we bought a plot together, built a facility, commercialised it and sold it. The project took rather long to complete. Indeed, a
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