PL

Poland Prices rise for construction

Construction
Prices for building materials in Poland increased by close to 30 pct over the last twelve months according to Savills.

In order to meet the expected increase in demand for technical advice, the consultancy has expanded its Building & Project Consultancy. Over the previous year, Savills Poland advised on close to 60 projects for commercial properties with a combined area of 1.5 million sqm. Sabina Dziadosz and Marek Zujewicz have been appointed as project managers, Łukasz Bednarczuk as a consultant and an electrical inspector, and Stefania Kochaniak and Szymon Matera as junior consultants. The firm is also soon to employ an engineer dedicated to logistics real estate.

The rising costs of construction services and building materials in conjunction with shortages of construction workers are driving demand for technical consultancy. The prices of building materials rose by around 30 pct year-on-year, while the costs of insulating materials and sprinkler systems which are so important in commercial space fit-out soared by 70 pct. The disruption of the steel supply chain and the return of some construction workers to Ukraine are brand new challenges that are impacting the pace and possibility of delivering many projects. Today, more than ever before, professional assistance with space fit-out or construction of commercial buildings helps deliver projects on time, bring costs down and propose alternative ways of project delivery if necessary. The growing demand for such services is also being driven by the desire to implement ESG policies and to bring buildings in line with sustainable construction requirements.
Jakub Jędrys, Director, Head of Building & Project Consultancy, Savills Poland.

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