PL

Edition 9 (233) September 2018

Editorial

Creative constraints

Let’s take ‘limitation’ as our concept of the month.

Ewa Andrzejewska
Retail & leisure

Octava aiming higher

Octava Property Trust’s portfolio now comprises more than 200,000 sqm of commercial space, around 70,000 sqm of which is retail. One of its key retail assets is Centrum Krakowska 61 in Warsaw’s Włochy district, which is awaiting changes. What kind of investment are you planning?

Interviewer Ewa Andrzejewska
Warehouse & industrial

Re-defining the market

Panattoni Europe has announced its intention to create a EUR 800 mln logistics platform in Poland together with South African investor Redefine. What is this venture all about?

Interviewer: Rafał Ostrowski
Stock market report

Construction under the cosh

July actually turned out to be quite a good month on the Warsaw Stock Exchange – capital made a return to the emerging markets as the economy sent out positive signals – despite the increasing prospect of a trade war between the United States and the rest of the economic world. The sector indexes remained unchanged. WIG-Construction went through another period of decline, but WIG-Real Estate pleasantly surprised us by bucking the market trend

Feature

Change is the only constant

Change is inevitable. Shopping centres and their tenants will have to find new ways of reaching customers – according to the experts invited to the discussion on the ban on Sunday trading by ‘Eurobuild Central & Eastern Europe’ and the Polish Council of Shopping Centres

Aneta Cichla Interviewer
Investment & Finance

Distinctive structures

Commerz Real, which manages the EUR 14 bln Hausinvest fund, has the potential to become a major player on the Polish real estate market. Its plan now is to double its current EUR 250 mln engagement over the next twelve months

Interviewer: Rafał Ostrowski
Residential

Apocalypse...not yet

After many, many quarters, the home sales figures published by developers for H1 and Q2 have finally fallen. And while market analysts are attributing this to a clear deterioration in the state of this market, everyone does seem to agree that there is no danger of a repeat of 2008

Tomasz Cudowski
Architecture

From Bytom to NY

We talked about architecture with Przemo Łukasik of the Medusa Group, his approach to design, as well as the work of the studio he co-founded with Łukasz Zagała, which has designed many original and astonishing buildings – and not just in our opinion. He agreed to the interview, even though it was not easy to find room for this in the diary of such a internationally jet-setting architect

Interviewer Anna Pakulniewicz
Architecture

A place of our own

It’s a word that now seems to pop up all over developers’ marketing materials. Apparently they no longer develop buildings but instead create ‘places’, ‘destinations’ or ‘spaces’. However, the term ‘placemaking’ cannot easily be attached to every project. And it was a rather subversive concept in the first place

Rafał Ostrowski, Tomasz Szpyt-Grzegórski
New technology

Your flexible friend, the landlord

Antony Slumbers, the founder of real estate software developer Estates Today and a consultant on the influence of technology on the property market, explains why investors will soon have to switch from being rent collectors to service providers

Interviewer: Rafał Ostrowski
Events

Children of the sun

A record number – 56 teams – took part in the 9th Charity Real Estate Beach Volleyball Tournament organised by JLL on August 2nd 2018, which was held, as always, on the beach of the river Vistula in front of the La Playa Music Bar. Dekada and BOIG fielded a joint team, which was to go on to win in great style. Another record broken was how much the event raised for charity

Endpiece

On curiosity and doubt

Curiosity and doubt are, in my opinion, the driving forces that determine how we develop. And they distinguish good from average journalism

Aneta Cichla

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