Tag: Warsaw
Commercial Real Estate Market in Poland
The market for commercial real estate in Poland has remained steady over recent months. Despite the fact that developers have put into use only about 43,000 square meters of new space, new brands continue...
The Housing Market in the Third Quarter: A Surge in Demand Meets Shrinking Supply
The third quarter in the housing market was characterized by a continuous decline in available listings, accompanied by a rise in demand. The result? Most provincial cities saw an increase in average listing prices,...
Supreme Court Ruling on Shared Costs in Shopping Malls a Breakthrough for Tenants
The latest Supreme Court ruling regarding shared costs is groundbreaking and revolutionary for tenants in shopping malls. The Supreme Court has found that disproportionate allocation of shared costs constitutes an act of unfair competition....
The Polish zloty continues to strengthen, WIG-20 in the plus
Wednesday began with increases in the main indexes on stock markets in Asia and Oceania. The Japanese Nikkei 226 (+0.6%) reached its highest level in 6 sessions, while the Australian All Ordinaries (+0.7%) was...
Wizz Air will fly from Warsaw-Radom Airport
Warsaw-Radom Airport has secured its second regular carrier, and its fourth in total. Wizz Air's first service, initiated during the winter season to Larnaca in Cyprus, is the fourth destination announced for the winter...
Stock Markets Poised for Rebound in Q4 2023?
In the financial world, the months of September and October are often considered pivotal. This year, they could potentially determine the trajectory of stock market performances not just in Poland, but across Europe. The...
Developers in Poland face challenges due to lengthy administrative procedures and rising costs
Joanna Chojecka, Sales and Marketing Director for Warsaw and Wroclaw at Robyg Group:
The most significant challenge for developers today is launching new investments due to the elongated time required to obtain building permits. The...
Only 31% of young Poles under the age of 30 save for retirement
A recent study on the awareness and attitudes towards the retirement system of young Poles reveals telling insights into their financial behavior and beliefs. The survey, commissioned by the Chamber of Commerce of Pension...
Expo Real 2023 – Seeking investments with the potential to increase value
For many real estate market leaders among the over 40,000 participants of Expo Real 2023 who came to Munich from 70 countries to take part in the largest industry event in Europe, it was...
Hamas attack on Israel raises commodity prices and strengthens the dollar
The Saturday attack by Hamas on Israel caused oil prices to surge several percent on Monday morning. Over time, the rate of increase slightly declined and around 10:00 am it stood at +2.78 percent...
Poland leading in the production of nuclear power plant modules?
Could Poland become a leading exporter of nuclear power plant modules? Americans believe so, and they are convincing more and more large entities of this idea. The demonstration module, entirely produced in our country,...
Develia Reports Record Sales in Q3 2023
Based on development and preliminary agreements, Develia sold 2060 properties in the first three quarters of 2023, compared to 1225 properties in the same period last year, indicating a rise of 68%. In the...
Most Western European residents live in permanent noise. Appropriate building acoustics allow escape from...
Studies show that due to road noise, the average resident of Warsaw loses one day of their healthy life. In large cities, noise never softens at night, there is no escape from it even...
Renting for a student – is it still a good prospect?
Students remain an important group of tenants for investors. We explore the prospects of renting apartments to young people.
Over the last several years, the significance of working immigrants as tenants of privately rented apartments...
Housing prices are skyrocketing. Krakow is catching up with Warsaw
The increasing demand in the real estate market has its dark side – a cascading increase in apartment prices. Warsaw remains a leader in this regard, but the price per square meter is increasing...
Propav Infrastructures and KUKE signed a cooperation agreement
The Polish export support agency KUKE and Propav Infraestructuras, an international company specializing in infrastructure development in African and South American markets, have signed a cooperation agreement that will enable Polish exporters to integrate...
Sfinks Polska aims to double restaurants, repay debt, and expand beyond gastronomy by 2029
The Sfinks Polska Group's strategy for 2024-2029 anticipates the completion of the restructuring process within the company and further development of the network. Among the priorities for this period are the repayment of existing...
This time the Polish Central Bank did not weaken the zloty, market reaction significantly...
Following the Polish Monetary Policy Council's (RPP) entirely unexpected decision a month ago to slash its benchmark interest rate by 0.75 p.p., the Polish currency significantly weakened. The EUR/PLN rate jumped within a week...
Multi-billion investments in railways are picking up pace
Thanks to the work on the Central Railway Line, for the first time in the history of the Polish railway network, a passenger train journey with a maximum speed of 250 km/h will be...
Creotech Instruments expands cooperation with Kazakhstan
Creotech Instruments S.A., a Polish satellite, systems, and satellite components manufacturer listed on the Warsaw Stock Exchange, has signed two cooperation agreements with entities from Kazakhstan during the 74th International Astronautical Congress in Baku,...