Emmerson expands
Due to the boom in the construction sector, the financial results of the real-estate agency exceeded zł.16 million in 2006. On average, apartment prices rose by some 30 percent. In big cities they increased by as much as 70 percent.
"The best year is still ahead of us, although 2006 was unusual," says Marek Krajewski, president of Emmerson. "Last year we noted rising interest from foreigners, especially the Spanish and the Irish in the Polish market. As a result, we plan to open offices in Dublin and Madrid this year. Next year we intend to enter the WSE," he adds.
The expansion can already be seen in the number of new offices opened recently - three new offices in Warsaw, two in Kraków and one in Wrocław. Soon the company will launch new premises in Pozna, Łódę and Tri-city, and two more in Warsaw.
According to Krajewski, the sale of new apartments has been the most profitable. Its share in last year's revenues amounted to some 40 percent. The company acted as an agent in over 700 transactions. On the second-hand market, Emmerson completed over 300 transactions.
On the leasing market, the number of transactions conducted by Emmerson rose by 60 percent compared to 2005 to reach 230. Currently, the firm is offering over 1,000 houses and apartments for rent.
