Warsaw Continues to Attract Investment
April 6, 2017
Warsaw has teamed up with eight other Polish cities to compile a report for prospective investors.
Poland: Your Place to Invest 2017 is an English-language publication drawn up as an initiative by Warsaw City Hall with the support of real estate agencies.
According to Mayor Hanna Gronkiewicz-Waltz, Warsaw is the most attractive investment destination in Central and Eastern Europe. “Warsaw’s market provides capable human capital, with highly educated, well-qualified and experienced human resources, and its continuously developing infrastructure has been taking life to a higher level year by year,” she says.
Deputy Mayor Michał Olszewski notes that the Polish capital has been recognized by The Financial Times “for its economic potential, quality of life, human potential and transport accessibility, among other qualities.”
The report primarily focuses on the office property sector, but it also provides information about the labor market, investment opportunities and quality infrastructure in Poland. The publication also contains an analysis of the investment potential of Poland as a whole, and details about the cities that worked with Warsaw on the project. They included Krakow, Wrocław, the Gdańsk-Sopot-Gdynia tricity area, Katowice, Poznań and Łódź.
Sections dedicated to particular cities contain data on both existing and planned office space. The report also provides data on the number of students, hotels, and average salaries in each city.
Warsaw has maintained the highest possible foreign credit rating for several years now, according to the report.
According to The Financial Times, the Polish capital is the fourth-most-business-friendly city in Europe.
Warsaw provides 5 million sq m of office space, and in 2017 a further 370,000 sq m will be made available.
The report is the first edition of a semi-annual magazine. It is already available online, and its official launch was planned at the MIPIM 2017 investment exhibition in Cannes. Its next edition will appear in the second half of the year and be officially presented during the Expo Real 2017 trade fair in Munich.
The report was compiled with the support of real estate agencies affiliated with the Polish Office Research Forum (PORF)—CBRE, Colliers International, Cushman & Wakefield, JLL, Knight Frank and Savills—in addition to the Randstad Recruitment Agency and the Polish Investment and Trade Agency.