Capital abhors stagnation

Interview 300
Michał Grabara has almost 20 years of commercial real estate market experience. He has held positions at Deloitte and PHN – the largest listed real estate company with state involvement, where he headed acquisitions. He has advised on transactions worth over EUR 2 bln in the logistics, office and retail sectors. He currently focuses on key client relationships and attracting new capital.
One could say that ‘Eurobuild’ and Knight Frank in Poland are almost the same age. How do you assess the development of the market from the perspective of your extensive experience? What major changes have occurred? Which sector has undergone the most spectacular transformation? Michał Grabara, director of capital markets, Knight Frank: It’s true – both ‘Eurobuild’ and Knight Frank in Poland can boast over 30 years of activity. Over these three decades, we’ve witnessed – and in our case, also contributed to – some dramatic transformations that have completely reshaped the sector. The Polish property market has gone from being a marginal investment environment in the 1990s, to what it is today – a mature, transparent and globally attractive market for investors. Not only have technical and architectural standards evolved, but, more importantly, so has the approach to planning, management and sustainable development. Over t
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