Publications

- November 1, 2013: Vol. 7, Number 10

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A unique phenomenon: Poland is currently top of the ratings for real estate attractiveness in the European Union

by Kateryna Arriaga Frias and Joanna Pena

At a time when the investment arena of the European economy is still felt by many to look pretty poor, Poland’s investment market can point to success. The country’s stable economic situation is a result primarily of the rapidly growing domestic market. Year-on-year, wealthier inhabitants happily spend money on new goods in a manner that is demonstrated by the steadily growing level of purchasing power. Foreign companies are attracted by the investor-friendly political and legislative environment, still favourable manufacturing costs, and Poland’s ambitious and well-educated labour force. For Poland, which has been the European Union’s fastest-growing member state for the past four years, bulwiengesa is forecasting GDP growth in 2015 of 2.8 percent. Holding on to the zloty and remaining outside the euro zone has helped the country to keep its economy flexible. Additionally, for western investors, Poland

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