Polish real estate market leaders establishing PropTech Foundation

Representatives of the largest real estate market companies have set up the PropTech Foundation (PTF), which aims to support the industry in the challenges of digital transformation and new technologies.

The Polish real estate market is one of the pillars of the Polish economy and one of the engines of its growth. Poland is the largest office market in the CEE region and the eighth market in terms of the supply of warehouse property in Europe. Polish cities are actively looking for ecological solutions that guarantee sustainable development and a better environment for residents.

"The commercial real estate sector in Poland and the region is now entering a very important development phase. Over the past 20 years, we have built, practically from scratch, a new office and service infrastructure. However, what was modern and innovative 10 or 15 years ago now needs revitalization We have approximately 7.7 million sqm of office space older than five years. This is a huge scale of challenges and technology is key here,” Michał Kozłowski, co-founder of PropTech Foundation said.

(WBJ)