A pandemic but no panic

A month ago the spectre of the Covid-19 virus in Poland was still a rather vague and abstract prospect. Press releases were generally littered with such phrases as “if it comes here at all” or “if it impacts us”. At the time of writing, March 20th, there were more than 400 confirmed cases in Poland and almost 30,000 people in quarantine. Large events have been cancelled, and schools, cinemas and shopping centres shut, while many companies and offices have closed for the duration and most employees are now working remotely. The country has gone into lockdown and the economy is operating at half speed. However, it turns out that the impact of the pandemic when it comes to the real estate market has taken on a variety of forms – from catastrophic through neutral to... even favourable. It all depends on the sector and the scale of a company’s operations. Office sector disinfected Office buildings have been emptied after most companies switched to a hom