The big can do more

‘Eurobuild CEE’: The Polish real estate market has been in fine form. What does this look like from your point of view? Wojciech Sztuba, managing partner, TPA Poland: We’ve had high excess liquidity for a long time, especially when it comes to the big banking and insurance groups who supply the largest amounts of funds invested in various types of assets, including real estate. There are more and more high class optimised products available for these funds in Poland, not only in Warsaw but also in other large cities. This is especially visible on the office market, which is being driven not only by internal demand but also by the relocation of international BPO/SSC centres to Poland. Małgorzata Dankowska, partner responsible for the real estate team and Warsaw tax practice, TPA Poland: In H1 2019, the Polish real estate investment market received the most capital out of all the states in Central and Eastern Europe. According to the estimates of consultancies, the