PINK and REIT Polska want Polish investors to enter commercial real estate market

Work is underway on the government project of Polish REITs, i.e. companies of the F.I.N.N. (Companies Investing in Real Estate Leasing). The Polish Chamber of Commercial Real Estate (PINK) and the REIT Polska Association are taking joint actions to support the initiative to introduce such regulations in Poland and open the domestic commercial real estate market to Polish individual investors.

The commercial real estate market in Poland is one of the most promising and attractive locations in Europe. For 30 years it has been developing dynamically with a minimal share of Polish investors (at present it is estimated that Polish capital accounts for 2-5 percent of the volume of real estate investments). In the unanimous opinion of the founders of the REIT Polska Association and the PINK, the current state can only change by introducing systemic and proven solutions, with great benefit to Polish investors and the Polish economy.

"According to various estimates, over the last 22 years, approximately €64 billion was invested in commercial real estate in Poland. Unfortunately, the share of domestic capital in it was less than 5 percent. Polish investors, both individual and institutional, have had very limited investment opportunities so far. All key segments of the Polish economy are open to individual investors – we can invest in technology, energy, industry, trade, both through the stock exchange, corporate bonds, or funds with various strategies. Real estate, however, is not available to Poles and it is not known why,” Agnieszka Jachowicz, Member of the PINK Management Board, said.

(WBJ)