Real estate market expects intense 2020

As many as 46 percent of real estate market representatives predict that this year will be even more intense than last year, and slightly more than half forecast maintaining the pace of development from last year. according to a survey conducted by the consulting company CBRE.

New technologies and innovations, as well as investments in infrastructure, will be the driving force in the industry. However, the low availability of employees remains the biggest unknown.

“Slightly more cautious than a few years ago, but still positive economic forecasts, low-interest rates, and strong lease foundations allow us to make predictions favorable for players on the commercial real estate market … The market will not slow down this year, although the same challenges await companies and others. The biggest difficulty will be the shortage of employees, especially the qualified ones,” Daniel Bienias, managing director of CBRE in Poland, said.

(WBJ)