Polish real estate 25 years on

Then and now
‘Eurobuild’ has been covering Poland’s real estate market for over a quarter of a century. In this milestone issue, we pause for reflection. Almost 30 years… is that a long time? It’s a significant chunk of an individual’s lifespan, but a relatively short period in the history of a city. Within the span of a single generation, Poland’s property scene has undergone a fundamental transformation - in just the first 25 years of the 21st century
One major turning point for the Polish real estate market took place in 2004 with the country’s accession to the EU. The opening of borders and harmonisation of regulations prompted an influx of international capital. Global players began operating in Poland, accelerating the professionalisation of the market. The construction of modern transport infrastructure – chief among which were express roads and freight terminals – allowed the logistics and retail sectors to finally take off. Warehousing parks began emerging in previously inaccessible locations. In the years after 2000, we also witnessed the intensive expansion of networks of shopping centres, which transformed the lifestyles of Polish people. Besides all the fashion brands, malls started to offer catering and entertainment previously unseen in such centres, while multiplex cinemas became commonplace. Meanwhile, the growth in modern business services added fuel to the emerging office market. Poland became attr
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