Welcome to the September issue of Eurobuild, which along with all the latest news, analysis and appointments, will also be the first for several years that hasn’t been edited by Tomasz Cudowski. Our now former colleague, who took over the reins of this publication in the dark days of the pandemic and then expertly guided us through it to where we are today, has left the company to concentrate on other interests. He will be much missed, both when it comes to his immense skills and experience and as a very supportive presence at the head of our team. His duties will now be shared by myself and Anna Korólczyk-Lewandowska, who tells us more about what Tomek meant to us in her Endpiece column in this issue.
Also on these pages, you can find our feature article – a survey of the Polish office market through the eyes of some of its main players. After the slow start to the year, the consensus now is that activity is clearly returning – but is there any land left in Warsaw to develop on? One area of the market that always seems to be in rude health is the industrial sector, which is now benefitting from manufacturing companies choosing to locate their plants in warehousing parks, more about which you can learn in our article devoted to this subject. Multiplex cinemas in urban locations were springing up everywhere a couple of decades ago, but times have changed and many are even closing down. Our piece on this looks into who’s buying the sites they stand on and what they are planning to do with them. We also take a closer look at the Podkarpacie (or Subcarpathian) region in southeastern Poland, which before the war broke out across our borders had seemed set for a development bonanza. Will this finally happen when peace is restored? And to top everything off, we can reveal some of the plans for a project of huge historical and cultural importance that has been dogged by controversy and delays for 80 years: the reconstruction of the Pałac Saski (Saxon Palace) in the heart of Warsaw. Hopefully, this once spectacular complex, which was destroyed in World War II, will soon be the centrepiece of the city again – as you can find out in this month’s case study.
At Eurobuild, we hope that you, our friends in the real estate market, have all had an enjoyable and restful summer and are now ready for what seem to be better and busier times ahead – and that the contents of this issue will only give you more confidence going forward.
