The real estate market in uncharted waters (The 2020 Polish Real Estate Forum)
09:17
As recently as early March, players in
both the residential and commercial markets had no reasons to worry whatsoever
– sales volumes in the residential sector were only just below the all-time
highs from three years ago, office and warehouse developers could also rub
their hands with glee – demand for their products remained very high. A few
weeks of a near total freeze of the entire market was enough to shake the real
estate to the core, despite its high inertia against the economy.
– The years-long boom in the Polish residential and commercial real estate market has made industry conference participants accustomed to good information and sunny weather. Now everyone needs to think how to disperse the clouds and adapt our companies to operating in the new coronavirus realities – says Bartosz Zeidler, chairman of the board at Nowy Adres S.A.
How long will the downturn in the residential market last? Can the sudden „popularity” of the home office system lead to lower demand for offices? When will normality return to the market? These are just some of the questions that will be explored by participants in the 10th edition of the Polish Real Estate Forum conference, to be held on 24th and 25th August at the Sheraton Hotel in Sopot. This year, major industry players – developers, agents, consultancies, representatives of investment funds and banks, general contractors, analysts, industry journalists – will be searching for new ways to efficiently run real estate businesses in the new market reality.
More information and the full event programme:
https://www.biznesowi.pl/konferencje/forum-rynku-nieruchomosci/