Ex post facto
Editor:
RE: "Market Slows Down as Over-supply Bites" (see Lokale, Jan. 22-Feb. 4).
Firstly any individual statement, comment or press release made by either DTZ, JLL, Healey & Baker or CB Richard Ellis should not be taken as a quotation by the Warsaw Research Forum. The take-up figures discussed with me are my own estimates and opinion, as agency director for DTZ.
Secondly, I would like to comment on the take-up figures claimed by other real estate agencies, which in my opinion seem inflated. Of course, I do not claim to know about every office transaction, although I believe our involvement in the market gives myself and DTZ a clearer picture than most.
It is fair to note that there are some transactions where more than one agency can be involved for example, where one represents the landlord and another agent represents the tenant. There are also cases of joint agents working together on a transaction on behalf of the landlord and sharing the fee. This obviously complicates any accurate calculation of market share.
Thanks for hearing our comments and we look forward to reading your regular "Property Watch" articles which we believe are a useful and interesting feature for the local business community.
Jeroen van der Toolen
Agency Director, DTZ Poland
