Poland Real Estate Market Report
Forecasts on Poland's economic indicators register a decline of gross domestic product (GDP) growth to 4.8% in 2008. The Gdansk Institute for Market Economics (IBnGR) expects that in 2009 the Polish economy will grow 2.0%, while in 2010 the GDP is to rise to 3.0%.
The real estate market developed rapidly following the country's EU accession in 2004 and the economic growth over the last two years. Property prices in Poland's largest cities stabilised in 2007 after a significant hike in 2006. The country is extremely popular among the British and Spanish, who invest actively in the market. For 2006, between 15% and 20% of the newly built flats in the country were purchased with foreign capital due to the high return on investment.
Increasing land prices and the labour shortage in the construction sector pushed the prices of new buildings up. The cost for building one sq m climbed by 33% in 2006, compared to the previous year when it stood at some PLN 3,000.
The real estate market developed rapidly following the country's EU accession in 2004 and the economic growth over the last two years. Property prices in Poland's largest cities stabilised in 2007 after a significant hike in 2006. The country is extremely popular among the British and Spanish, who invest actively in the market. For 2006, between 15% and 20% of the newly built flats in the country were purchased with foreign capital due to the high return on investment.
Increasing land prices and the labour shortage in the construction sector pushed the prices of new buildings up. The cost for building one sq m climbed by 33% in 2006, compared to the previous year when it stood at some PLN 3,000.
Contents
POLAND REAL ESTATE MARKET REPORT COVERS:• Industry Overview
• History & Geography
• Major Developments
- Regulation
• Leading Companies
• Employment
• Supply
- Residential Real Estate
- Office real estate
- Retail real estate
- Industrial Real Estate
• Demand
- Residential real estate
- Office Real Estate
- Retail Real Estate
- Industrial Real Estate
• Investments
- Foreign Direct Investment
- Construction of Buildings
- Companies
- Retail Real Estate
- Office Real Estate
- Industrial Real Estate
- Infrastructure
• Associated industries & factors
- Mortgage Loans
- Tourism
• Projections & expectations
- Residential real estate
- Office real estate
- Retail real estate
- Industrial real estate
• Industry references
LIST OF TABLES:
• GDP Growth in %
• Structure of GDP
• Gross Value Added
• Financial Performance of Non-Financial Enterprises
• Major Commercial Real Estate Agents by Commercial Property Leased
• Major Property and Facility Managers by Area of Managed Buildings
• Number of Employees Under Labour Contract
• Average Employment in the Sector
• Average Gross Monthly Salary
• Number of Completed Buildings
• Number of Completed Homes by Type of Investor
• Usable Floor Area
• The Largest Office Buildings in Warsaw
• Major Office Market Transactions
• Selected New Office Space Supply By Location
• Warsaw Office Market
• Major Polish Urban Malls
• Major Retail Market Transactions in 2007
• Selected New Retail Projects in Cities with less than 400,000 Inhabitants
• Biggest Retail Projects Opened in 2007
• Selected Major Industrial Deals
• Characteristics of Warsaw’s Industrial Segment in Q1 2007
• Residential Market in Poland in May-July 2008
• Price of Square Metre of Usable Floor Space of Residential Building
• Average Net Residential Property Prices in Major Polish Cities
• Average Price of Flats
• Average Price of Newly-Delivered Flats
• Average Residential Real Estate Prices
• Warsaw Residential Property Prices
• Net Residential Property Prices in Selected Cities by Standard of Schemes
• Major Characteristics of Warsaw Office Market
• High Street Retail Rents
• Prime Retail Yields
• Prime retail rents
• Prime Industrial Rents
• Prime Industrial Yields
• Industrial Market Stock and Vacancy Rates
• Investments in Polish Real Estate Segments
• Foreign Direct Investment by Type of Activity
• Investment in Buildings and Structures
• Foreign Visitors to Poland Skip to top