Poland becomes real estate leader

Poland has the 2nd most attractive real estate market in Central-Eastern Europe and the 9th in the world, according to the Real Estate Opportunity Index 2008 ranking by A.T. Kerney strategy consulting company.

Poland has the 2nd most attractive real estate market in Central-Eastern Europe and the 9th in the world, according to the Real Estate Opportunity Index 2008 ranking by A.T. Kerney strategy consulting company.

The ranking weighs risks and opportunities of real estate development in emerging markets and Poland is the most balanced market in CEE – Aleksander Kwiatkowski, president of A.T. Kearney Polska, has told TVN24.

The A.T. Kearney ranking analyses the attractiveness of real estate markets in 50 developing countries. They are evaluated according to the following categories: the costs of construction, profitability of investing in real estate, the risk of investments and the ease of doing business.
Kwiatkowski is quoted as saying by TVN24 that Poland has a great investment potential and might experience a boom in investments in real estate in the near future.

Poland's attractiveness is raised due to the prospect of investments surrounding the Euro 2012 football championship co-hosted by Poland, which should make the Polish real estate market even more enticing, TVN24 reports.

The authors of the ranking predict that investments in roads and airports will boost the RE market in Poland and will generate growing demand for office space. More and more consulting and finance companies decide to open up offices in Poland, which spirals up the demand for office space and hikes on retail market prices.