Power is in people

Material partner
SKJB Szybkowski Kuźma Jeleń Brzoza-Ostrowska is a Polish boutique legal practice that’s not only celebrating its 5th birthday this year but also its listing on the Legal 500 ranking.
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It advises real estate investors, developers and financing institutions on M&As, development projects, commercialisation and property financing. So, we spoke to its partners, Agnieszka Kuźma, Anna Jeleń, Wojciech Szybkowski and Anna Brzoza-Ostrowska, about how rocky and rewarding the ride has been so far.

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The SKJB law firm is celebrating its fifth anniversary this year. The last five have certainly not been easy years for the market, particularly the last two. What has been the biggest challenge you’ve had to face over this period?

This is true. Our law office has been operating now for over five years and we have been very active since the very first day. With the many years of experience we had gained at international law firms, our personal involvement and the relations we had built up with our clients turned out to be long term and resulted in them turning again to us at our company. It turns out that what counts are people and not the brands under which we offer our services. Of course, some clients have been wary about entrusting a new boutique law firm with their cases, but in most cases it was just a question of time for us them to turn to us. The start of the pandemic came after three years of stable legal business activity that we had been building up until that time. In its early stages there were significant concerns in the legal sector, but we soon adapted to the situation. It’s true that the number of transactions fell and the transaction team had more time on its hands, but the need for a different type of consultancy emerged. As a result, the pandemic actually turned out to be a time of growth and rising revenues for the company. This was mainly due to the fact that we serve the real estate sector and during the pandemic the demand for warehouse and logistics space soared, purely due to the boom in e-commerce. In the first year of the pandemic we advised our clients on projects that resulted in the development of around 330,000 sqm of logistics space. This was a particularly intensive period of work, mainly on BTS projects but also on expansion projects for existing facilities. There was no lack of work coming in from investors to advise them on development contracts or for advising developers on acquiring land for warehouses. International funds also number among our clients and, although they invested cautiously over the period, they nonetheless decided to buy quality assets. The governmental measures to soften the economic impact of the pandemic also generated a lot of work. But the portfolio of clients at our law firm, the size of our organisation, and the appropriate care spent on balancing costs against revenues allowed us to get through the pandemic successfully.

You’ve been building up your team of lawyers since your firm was established. What abilities and character traits are particularly valuable to you? And how do you keep your employees happy in such a competitive market?

‘Strength is in people’ is our motto and we are convinced that our team of lawyers has been largely responsible for the success of our law firm. However, it’s worth pointing out that legal assistants as well as administrative and financial staff are just as crucial to the running of a law firm. When it comes to lawyers, obviously it’s their knowledge that is crucial and legal counsel is the basic competence that we require. We particularly value those who show a great deal of enthusiasm in performing their duties. Such people have a passion for their work and identify with our law firm, thus creating a good team spirit. Such an outlook has played a huge role in building up the reputation of our firm. One very important trait is the desire to work with others and the ability to work as part of a team. The market is indeed very competitive and challenging for employers. We offer salaries at market rates, while we also contribute to employees’ private medical care and cover the costs of applying to the bar. We also pay out bonuses every year. Our firm tries to ensure that working hours do not exceed more than 40 per week, because we all need time for our own private affairs. We hold internal courses on legal topics. Once a year we talk to each individual about their work with us. We also give them feedback and set them further goals. Not so long ago we set up and introduced a development and advancement system, because for many people it is very important to have clear rules in this regard.

How have the services of the law firm developed over these last five years? What have been the most important successes of your team?

We come from the real estate sector and that has been and still is the main specialisation of our business. For our clients in this sector we provide comprehensive solutions that go beyond property law. This is why our practice also covers retail law, construction disputes as well as administrative and court administrative proceedings. We have gradually developed our expertise, adding such complementary practices as M&A, labour law and advice for insurers offering title insurance and W&I insurance. Over the last five years of our operations, we have had the opportunity to advise on the development of large greenfield projects, the construction and commercialisation of logistics centres, as well as the sales of retail centres and office buildings. As is the case with all transactional lawyers, what pleases us most are the large volumes of square metres of new useable space handed over by our clients. However, we regard our team’s biggest success to be the solid relations that we have been able to form with our clients. We are proud of every project we have completed, but are even prouder when our clients come back to us and we receive recommendations from people we have had the pleasure to work with. Among the more measurable successes that also make us fill us with pride are our high standings in the Legal 500 and Chambers Europe rankings. Despite the considerably smaller scale of our operations, we have had the possibility due to our specialisation not only to be involved in the same projects as our colleagues from the large branded legal firms, but also to compete with them in the rankings.

How would you assess – with your many years of experience – the state of the legal services market for real estate in Poland? What abilities and services are in particular in demand from the sector?

The legal services market for real estate is extraordinarily dynamic and is growing together with the rest of the sector. In particular, over the last few years we have seen a lot of personnel changes in when it comes to building up a new team or strengthening an existing one to meet the increasing needs from our clients. Our clients are looking for support in their own competitive markets, which also throws up challenges all the time. Now that the pandemic is over, we face new challenges brought on by the tragic events in Ukraine. The abilities that our clients expect go beyond basic knowledge of the law, which is anyway interdisciplinary to an exceptional extent for the real estate sector. These abilities enable us to shape the process in order to predict it and stay one step ahead of the client, while being able to apply market standards so as to avoid reinventing the wheel. We want to help our clients in their businesses. We always look for solutions as well as safe and effective ways of achieving our goals, whether this is for development projects or sales transactions. This is what we try to guarantee at SKJB and we are pleased when our clients notice it and come back to us with more work.

What are your plans over the coming months? Are you going to enter new economic sectors or geographical regions, or maybe you are going to build up your team further?

We’ve already planned out how we want SKJB to develop over a period of many years. We are going to continue with our growth based on our relationships with clients, which are based on trust. Our clients are what is most important to us. What we do, we do for them and together with them. We believe that clients appreciate lawyers who have practical experience, are fully involved, are focused on results and are easily reachable. This is our key to success. We follow the real estate market and the changes that are happening to it. This is what the services we offer are based on. We have been witnessing a huge growth in the importance of the e-commerce sector and logistics. We advise clients in these sectors, including leading investors, developers and tenants. We are going through huge geopolitical changes, which are directly resulting in investors pulling out of markets to the east of our borders or limiting their activities there, as well as disruptions to supply chains. Paradoxically, Poland could benefit from these tectonic changes in international politics and the international economy. We are a member of Nato and the EU. We are a stable European country with good economic growth prospects and vast human capital. Locating industrial plants in Poland could pay off. As a law firm we are uniquely experienced in creating production capacity together with our clients, including each of its most important aspects: structuring and locating an investment, buying the land, the construction project, and applying for permits. We want to support both old and new clients in these fields. The commercial real estate market is also going through a period of radical change. The repositioning of large shopping centres and the development of retail parks and chains has been creating new opportunities for investors, developers and retail chains. We are going to support our clients in the retail sector with their investments and transactions. Another important trend we have been seeing in Poland is the consolidation of the private healthcare and wellness sector. We are now actively taking part in this area with our clients.

Latest news

Office & mixed-use development

Poland Green Caffè Nero to enter SOHO

schedule 08 April 2025
Opr./edited by AH

Green Caffè Nero is to open a 190 sqm café on the first floor of the NEFRYT residential building under construction in the SOHO complex under development by Yareal in Warsaw’s Praga-Południe district. The café is scheduled to open in May 2026.

Warehouse & industrial

Poland Warehouse market remains healthy

schedule 08 April 2025

With warehouse and industrial stock of nearly 35 mln sqm, Poland’s market has stabilised at a healthy level, claims Newmark Polska.

Office & mixed-use development

Poland Crowe signs up for Office House

schedule 08 April 2025
Opr./edited by AH

In May, B2B professional services supplier Crowe is to move into the Office House building in the Towarowa 22 mixed-use project in Warsaw, which is being developed by AFI, Echo Investment, and Archicom.

Warehouse & industrial

Poland DB Schenker expands in Hillwood Rawicz

schedule 08 April 2025
Opr./edited by AH

Logistics operator DB Schenker has leased an additional 9,800 sqm in the Hillwood Rawicz logistics centre. The tenant has been operating from the centre since the autumn of last year when it opened a service centre with an area of over 17,000 sqm for a manufacturer of optical products.

Warehouse & industrial

Poland Building permit for LCube Wrocław East II

schedule 07 April 2025
Opr./edited by AH

LCube has received a building permit for the LCube Wrocław East II logistics park in Dobrzykowice near Wrocław. The 62,000 sqm park is to be built on a 13 ha site.

Investment & finance

Slovenia Generali sells twice

schedule 07 April 2025
Opr./edited by JC

Generali Adriatic Value Fund has concluded the sale of two properties in Ljubljana: Stekleni Dvor and Tivoli Center. The buyer of both properties is Agromarket Logistic, a Serbia-based company.

Office & mixed-use development

Poland Tricity office take-up tops 100,000 sqm

schedule 07 April 2025
Opr./edited by AH

According to ‘Office Occupier – Office Market in Tricity’ published by real estate advisory firm Newmark Polska, The Tricity ended 2024 with the second-highest office take-up level on record, while its vacancy rate – hovering above 12 pct for the past four years – edged down.

Warehouse & industrial

Poland Poland's warehouse market "in good shape"

schedule 07 April 2025
Opr./edited by AH

More than 2.6 mln sqm of industrial and logistics space was delivered across Poland in 2024, according to BNP Paribas Real Estate Poland’s latest report "At a Glance. Industrial and Logistics Market Q4 2024". While this was below the new supply levels recorded in previous years, the Polish market remains in good shape.

Office & mixed-use development

Poland Two tenants enter Korona Office Complex

schedule 07 April 2025
Opr./edited by AH

Two Polish companies from the IT and gaming industries have leased space in the Korona Office Complex. The centre comprises over 38,200 sqm of space across four buildings on al. Armii Krajowej in Kraków.

Office & mixed-use development

Romania Equilibrium sold

schedule 04 April 2025
Opr./edited by AH

Skanska has sold the first stage of the Equilibrium office complex in Bucharest to Gordiusz Private Equity Fund for EUR 52 mln. The fund is managed by Gránit Asset Management.

Warehouse & industrial

Poland Małopolska set to grow fast

schedule 04 April 2025
Opr./edited by AH

Małopolska is rapidly expanding its industrial & logistics market, having seen a 148 pct increase in supply over the past five years and becoming a viable alternative to Poland's major logistics hubs, reports Axi Immo.

Retail & leisure

Poland Multi takes on Galeria Przymorze

schedule 04 April 2025
Opr./edited by AH

Multi Poland has taken on the management of the Galeria Przymorze shopping centre in Gdańsk.

Residential

Poland PRS growing rapidly in Poland

schedule 04 April 2025
Opr./edited by ANZ

JLL experts present an analysis of the rental sector along with an outlook for the future. At the end of 2024, there were more than 22,300 units in the PRS sector in Poland, of which around 26 pct were brought to market last year. 

Investment & finance

CEE Region AFI receives EUR 120 mln from EBRD

schedule 04 April 2025
Opr./edited by AH

The European Bank for Reconstruction and Development is providing a regional loan of up to EUR 120 mln to AFI Europe to support its development pipeline across Serbia, Poland, Romania, and the Czech Republic.

Retail & leisure

Poland JD Sports enters Tarnów

schedule 04 April 2025
Opr./edited by AH

JD Sports is entering Gemini Park Tarnów. The store offers lifestyle and sporting clothing and is to open this spring.

Residential

Czech Republic Mint lays out its growth plans

schedule 04 April 2025
Opr./edited by AH

The Mint residential fund is planning to extend its portfolio by 500 apartments in 2025, increasing the value of its assets by CZK 4.5 bln.

Office & mixed-use development

Poland Atlassian moves into Officyna

schedule 04 April 2025
Opr./edited by AH

Australian-based team-management software firm Atlassian, has moved into the Officyna centre in Gdańsk.

Retail & leisure

Romania E-commerce as a major driver

schedule 03 April 2025
Opr./edited by ANZ

According to the "Quo Vadis E-commerce" report released by Cushman & Wakefield, the online commerce continues to be a growth driver for the industrial & logistics real estate sector, generating significant opportunities for developers and investors.

Investment & finance

Poland BIG Poland acquires Power Park Olsztyn

schedule 03 April 2025
Opr./edited by ANZ

BIG Poland has announced the acquisition of Power Park Olsztyn, a shopping centre located in the southern part of Olsztyn. This strategic investment reinforces the company’s commitment to expanding its presence in Poland’s retail sector through high-quality assets.

Warehouse & industrial

Germany Panattoni City Dock Hilden now fully leased

schedule 03 April 2025
Opr./edited by AH

All 17 units of Panattoni City Dock Hilden are now fully leased with the signing of two new tenants. The park comprises almost 27,000 sqm.

Latest in Material partner

schedule 07 October 2024

Brownfield rather than greenfield – a model for sustainable development at City Point Targówek

Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure expansion often requires the development of greenfields, with adverse impacts on both local ecosystems and communities. A sustainable alternative is to revitalise brownfield urban sites, as exemplified by City Point Targówek, a project led by Peakside Capital Advisors.

schedule 02 May 2024

Nordbygg 2024: Many innovations and strong interest

Last week, Nordbygg, Northern Europe’s biggest trade fair for professionals in construction and real estate industry, took place at Stockholmsmässan in Ävsjö, Sweden. 35,000 visitors attended which, combined with the 5,000 people on the stands, gives a total of 40,000 participants. New features for Nordbygg 2024 included the strong involvement of the City of Stockholm and a popular online app.

schedule 04 April 2024

Excellent Fern at Off Piotrkowska

Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the construction of which will start at the turn of 2024/2025, offers 4,700 sqm of service space and 2,700 sqm of office space.

schedule 21 March 2024

New opportunities emerge in uncertain times

Over 20,000 delegates representing 90 countries gathered in Cannes for the 34th edition of MIPIM, the global urban festival that brings investors, political leaders and the real estate community together to facilitate relationships and find solutions to the challenges facing the built environment.

schedule 07 March 2024

Silesia invites you to Cannes!

We would like to invite you to the meeting: "Explore Silesia: Where Economic Resilience Meets Opportunity!", held at MIPIM this Wednesday. Silesia and its metropolise are one of the fastest growing and most innovative regions in Europe. During the discussion, the roots of its success and specific future prospects will be discussed.

schedule 12 February 2024

Challenges accepted at MIPIM!

The premier real estate fair of the year is now fast approaching! On March 11–15th, at its usual grand venue of the Palais des Festivals in Cannes, MIPIM will welcome delegations from more than 90 countries to take part in an extended four-day programme of speeches, panels, awards and networking

schedule 15 November 2023

In business, we focus on long-term partnerships

Michał Ptaszyński, Country Manager Poland, Logicor, tells us optimistically about the future of the logistics industry in Poland, the company's upcoming investment plans and explain why it is worth cooperating with local communities

schedule 29 September 2023

Łódź invites you to Munich!

We cordially invite all guests of this year's Expo Real to the events organized at the stand of the Łódź City Hall, "Eurobuild" will also be there as a media patron.

schedule 25 September 2023

Grounded in experience

Justyna Cymerman, the head of the urban planning department of land transaction consultancy Greenfields, and Michał Różycki, its director of the land department – living sector, tell us about the company’s greatest achievements, the state of the market, and what needs to happen next to tackle the housing shortage

schedule 06 July 2023

A solid relationship for years

Operational and financial systems supporting property managers are constantly expanding and changing to keep up with changing market needs. Good relationships between providers and users of these systems and a willingness to face challenges together remain invaluable.

schedule 13 April 2023

Land is the key to success but requires skills

Warsaw is one of the most affordable capitals in the European Union to live in. In order to maintain its competitiveness, it is crucial to expand the availability of plots

schedule 22 December 2022

Biuro Na Miarę - more comprehensive, across Poland

The company has been strengthening its position on the commercial real estate market as a specialist consultancy providing comprehensive tenant and landlord services.

schedule 02 August 2022

New ESG Report – Atrium

Atrium European Real Estate has published its 6th ESG report summarising the company's achievements in 2021. The report details the key initiatives involved in the implementation of the its ESG strategy. The company has set new and even more ambitious medium-term targets for 2030, which include a 40 pct reduction in the carbon footprint of its shopping centres by 2030, compared to 2019 levels. By 2050, Atrium wants to have become a carbon-neutral organisation.

schedule 15 June 2022

Power is in people

SKJB Szybkowski Kuźma Jeleń Brzoza-Ostrowska is a Polish boutique legal practice that’s not only celebrating its 5th birthday this year but also its listing on the Legal 500 ranking.

schedule 04 April 2022

Coworking in Atlas Tower

In the times of uncertainty due to the pandemic situation worldwide and restrictions connected with that, co-working spaces and offices are gaining more and more popularity amongst potential tenants. Flexibility of renting terms plus tax law support for new entrepreneurs are things highly needed for small and medium businesses and these come in handy when cooperating with Twój Startup foundation.

schedule 22 March 2022

Tricity attracts with its Scandinavian climate

It will soon be two years since the first COVID-19 cases appeared in Poland. What can be said about the current condition of the office market in our country?

schedule 01 February 2022

How to return to the office in good health?

Skanska has recently carried out its third survey on the return to the office in four countries – Poland, Romania, the Czech Republic and Hungary. While previous studies have focused on the needs of employees and their expectations of offices in the new reality, this time Skanska has focused on the impact that the pandemic has had on the employees’ mental health and well-being.

schedule 08 November 2021

Sustainable attraction

"Our research shows that 65 pct of employees in the CEE region want to work in a certified sustainable office. We expect that tenants will opt to migrate to new buildings that suit their needs better", admits Paweł Warda of Skanska Commercial Development Europe

schedule 20 October 2021

MAPIC returns to Cannes

MAPIC 2021 will be held at the Palais des Festivals from Tuesday, the 30th of November, to Thursday, the 2nd December, 2021

schedule 31 August 2021

It's a comfortable life

Ziv Zviel, the CEO of Atlas Estates, tells ‘Eurobuild’ about the company’s plans for the residential sector, top investments and the future of the market

Read flipbook version

Edition 3 (296) March 2025

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