Sunday, April 26, 2015

Developers buy land carefully – Parquet

Source: Parkiet

Despite the good times this year the company will spend building apartments slightly less on the new plot. Still most of the transactions are signed in Warsaw. Also looking for offers in the Tri-City, Poznan and Wroclaw.

According to analysts Colliers International in 2015. Developers spend on a new plot 1.8-1.9 billion zł. The same as a year earlier. But how Emil Domeracki notes with Colliers International, in the pool reduces the share of purchases of land for housing projects for the commercial market transactions. – While in 2014. Purchase of land for housing developments accounted for about 80 per cent. invested capital over the land market in Poland, this year the figure has dropped to about 70 percent. – Emil Domeracki estimates. – Investors today are interested in land for offices in regional cities, also bought land speculatively in magazines, hoteliers also looking for attractive locations – he added.

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