Game-changing demographics

Kazimierz Krupa, EurobuildCEE: How would you assess the current state of the commercial real estate market in Poland compared with the rest of the CEE region? Jan Jakub Zombirt, senior director, strategic consulting at JLL: Poland has clearly moved beyond the emerging market category. Not only has it maintained its position as the most important commercial real estate market in the CEE region, but it has also demonstrated considerable resilience and potential for further growth. Stable economic fundamentals, combined with growing activity from both domestic and international investors, give reason for optimism about the sector’s future. Transaction volumes in Poland account for 40-50 pct of the entire CEE region. This is a completely different level of liquidity and market depth than in most countries in the region. It’s also worth noting that Polish cities – Kraków, Wrocław and the TriCity area – offer office stock exceeding that of many regional capitals. Polish real es