PL

Edition 1 (237) January 2019

Editorial

Worrying levels of optimism?

As I write these words, Warsaw lies under a blanket of snow. Running tracks have disappeared under this white cloak; pavements are slushy and sprinkled with salt (something I particularly hate), while every morning drivers have to scrape their windscreens, blue-faced from the cold.

Ewa Andrzejewska
Eurobuild Awards

On cloud nine

On the night of December 5th it was time again for Poland’s premier real estate event – as almost 900 guests, including developers, constructors and consultants, gathered at the Double Tree by Hilton in Warsaw to find out who this year would be walking away with a statuette from the 9th Eurobuild Awards Gala

Alex Hayes
Eurobuild Awards

Pride and appreciation

A total of 238 jurors voted at the 9th Eurobuild awards. The jury comprised renowned real estate experts, who cast their votes for the companies and the people that have made the greatest mark on the Polish real estate and construction markets over 2018 and they also decided a number of awards for the entire CEE region

Eurobuild Awards

Tryton the northern titan

From its windows you can see the sun shining on the cranes in the Gdańsk Shipyard. and according to its tenants, Tryton Business House is the best office building in poland – AS WE DISCOVERED AT THE Eurobuild Awards 2018

Ewa Andrzejewska
Eurobuild Awards

The hardest things of all

We spoke to Wojciech Józef Wilczak of EPP, who manages Tryton Business House in Gdańsk, about how to win over tenants – since it was the tenants who handed him the award for manager of the year at the Eurobuild Awards 2018

Interviewer Ewa Andrzejewska
Eurobuild Awards

Viva, Vivo!

In 2018 the Vivo! Piła mall was revealed at the Eurobuild Awards to be the best of all the shopping centres in the opinion of their own tenants. Millward Brown surveyed retailers in 27 malls across the country

Aneta Cichla
Eurobuild Awards

Ready to listen

we took A look into the most important aspects of the work of a shopping centre manager with Monica Magner, the director of Galeria Sfera in Bielsko-Biała, who was voted Manager of the Year by tenants at the Eurobuild Awards 2018

Aneta Cichla
Eurobuild Awards

Mixing modernity with history

The winner of the Eurobuild Award 2018 for the Warehouse of the Year is the MLP Pruszków I park. The development has almost been completed, but the investor is still taking every care to ensure that it maintains its high standards and modernity

Rafał Ostrowski
Eurobuild Awards

Looking for partnerships

Piotr Krystosiak, Segro’s property manager responsible for the management of three parks in Warsaw, was bestowed with the title of Polish Warehouse Manager of the Year at the Eurobuild Awards. How does he account for his and the firm’s success?

Interviewer Ewa Andrzejewska
Office & mixed-use development

Shaking Finns up

Why did you, as a Finnish company, enter the Polish coworking market? And why did you choose the space offered by Cavatina on ul. Chmielna in Warsaw?

Tomasz Cudowski
Investment & finance

REICO goes forth

REICO, the real estate division of Erste Group bank Česká spořitelna, is well-established as an investor in Czech and Slovak real estate. It recently announced plans to shift its focus abroad, to Poland and Hungary. It also made its biggest ever acquisition: Forum Nová Karolina in Ostrava. What is REICO’s investment strategy at the moment?

Nathan North
Hotels

Orbis expands across CEE

EUROPE Orbis, the partner of AccorHotels in Eastern and South-Eastern Europe, is continuing its expansion throughout the region. It has recently signed contracts for new hotels in Bulgaria, the Czech Republic and Poland, including a franchise agreement for the first MGallery by Sofitel hotel to open in Plovdiv.

Stock market report

Weaker in Warsaw and across the world

Last year was not a good period for the Warsaw Stock Exchange. Along with losses on the main indexes, share price stability was shaken by shenanigans in the worlds of finance and politics. Once again there were more parties that wanted to withdraw from the trading floor than those looking to list. This was probably the most depressing aspect of 2018 for investors and market observers

Feature

Happy days are still here... for now

The Polish real estate investment market has never been in such good shape. What’s the reason for all this interest in the country? What’s the source of the river of capital flowing into it? What role could Brexit be playing? How are investors looking at the political changes that are taking place in Poland? And what lies in store for us in the future? Paweł Dębowski, a partner at Dentons who heads the European real estate law team, answers these and many other questions...

Tomasz Szpyt-Grzegórski
Human resources

High self-valuation

In 2018 it was a challenge for employers not only to find and hire the right employees, but they also had to struggle holding onto them. the staffing shortages are unlikely to abate in 2019 and this has been impacting pay levels – but not so much in the property sector, even though wage pressure continues to rise

Anna Pakulniewicz
Property management

Wake up and share the coffee

Co-working has revolutionised the office market – but it has also been setting property managers a range of new challenges. Fortunately, community managers are on hand to help them out

Tomasz Cudowski
Events

Reaching a crossroads in a changing world

The real estate and construction sectors gathered on November 22nd at the Warsaw Intercontinental hotel to take a look back over the past year and reflect on what lies ahead in 2019. This was the best time to celebrate the prosperity that the year had brought but also to prepare for the onset of the unknown

Ewa Andrzejewska
Endpiece

Don’t go forgetting your physics

The late Russian stand up comedian and writer Mikhail Zadornov entered the pantheon of satire with a particular monologue that he would frequently deliver during stage performances towards end of the communist era. I think the construction sector should take note

Tomasz Cudowski
Investment & Finance

On the lookout for Miami investors

Polish-based Metropolitan Investment is entering the US with a view to expanding its business.

Aneta Cichla

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