Famous for fifteen minutes

Low margins in return for stable revenues. The credit crunch has led more companies to focus on the development of their property management departments. How will the situation on the market change after the crisis?Mladen PetrovDuring a business meeting in Great Britain recently, my colleagues from the property management department were surprised by the large number of PM companies on the Polish market,” recalls Iwona Sadowska, the head of the property management department at Savills. The last two years have been an important period for the Polish property management market. “In the first years of the crisis we changed our strategy to maintaining our real estate portfolio and the volume of revenues at pre-crisis levels. We achieved our target, offering extended services and maintaining their quality at the same price. In 2010 we tried to extend our hold and we signed new contracts in a continuation of our strategy,” claims Grzegorz Dudziak, DTZ’s strategic hea