Controlled boom
Piotr Kaszyński, partner and head of the retail department at Cushman & Wakefield, insists that the Polish large-scale retail market still has great potential. It is currently being fuelled by money flowing in from investment funds
Radosław Górecki, 'Eurobuild CEE': Institutional investors seem to have gone mad over shopping centres recently.Piotr Kaszyński, partner and head of the retail department at Cushman & Wakefield: Indeed. We can see that the investment market has become the main flywheel of the retail property sector. We are witnessing a substantial revival. There is a lot of capital on the market and funds are actively looking for interesting projects. And by 'interesting', I mean large, dominant, regional shopping centres. This is very good news for developers. Capital is being freed up thanks to these investment transactions and can be used to launch new projects. And this is crucial for the development of this market.
You say that there is a lot of capital
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