Time to “remaster” the market

Your career at Cushman & Wakefield has officially come of age – congrats! How do you assess the current state of the Polish commercial real estate market from today’s perspective? Are we still far behind more mature Western markets? Which sector has evolved the most over the years? Krzysztof Misiak, executive partner, head of Poland and board member of Cushman & Wakefield: Looking back, I see a market that has come a long way – from an ambitious newcomer to a mature and competitive commercial real estate ecosystem. Today, Poland can confidently compete with the largest markets in Europe, not only in terms of scale but, more importantly, in terms of the quality of assets and the professionalism of market players. Unlike many Western European capitals, where more than 80 pct of the office stock may become obsolete by 2030 – such as in Paris or Milan – the figure is just 40 pct for Warsaw. Our competitive edge is even greater in the logistics sect