The investment market in Poland has not enjoyed observed such interest since the boom of the second half of the last decade. Other countries in the region cannot complain about a lack of attention, either. However, the situation is dynamic – political and legal changes, growing competition and concerns about a possible slowdown are only a few of the challenges investors have to face at the moment. We will try to address these and other issues that might be of concern to investors at the 2nd Commercial Property Investment Conference, organised by Eurobuild Conferences.
Program:
8.30 - 9.00 Registration and coffee
9.00 - 9.30 Opening speech: The investment market in CEE countries
Will Russia continue to be in the hot seat? Where to look for opportunities. Hungary, Romania or perhaps Serbia?
9.30 - 10.15 Discussion: #agoodchange.pl
How political upheavals are affecting the market. Is fear making cowards of us all – or is it just business as usual?
10.15 - 11.00 Discussion: The state of the investment market in Poland
Where is Poland and at what point in its cycle? Where does developers’ optimism stem from (many projects are still under construction) – and are the prices of oil and construction materials having an impact on this? How can investors find their feet in the current situation?
11.00 - 11.20 Presentation: The recipe for revitaliisation when land is not available in urban centres
11.20 - 12.00 Discussion: Financing commercial property purchases
A lot of money is available for these properties, but will it be spent on any of them? What do financiers like and how do the banks see the current situation? How will the bank tax affect real estate financing? What are they not financing? What obstacles are they coming across? Where do they see the risks? And where to look for alternative sources of financing.
12.00 - 12.20 Coffee break and networking
12.20 - 14.10 Simultaneously discussions. Polish equity on the real estate market vs. investment dilemmas
| 12.20-13.00 | Discussion: Polish REITs. | Discussion: The way to real estate |
| How could their introduction influence the commercial real estate market in Poland? When will the time come for Polish capital to spread its wings in its own country? | Core, value-add and opportunistic investors... which approach is most promising for the next few years? What’s lurking around the corner? Low interest rates will not keep the investment market going indefinitely. What strategies to prepare in case of changes to the financial environment. | |
| 13.00-13.20 | Presentation: Promised land | Presentation: Corporate and portfolio transactions |
| The land market is currently red hot. How much longer is this likely to last? Will investors buy anything at any price? How are the changes in the agricultural law influencing the supply of land for warehouses? | What is the potential of such transactions, their pros and cons, and how do they differ from each other? | |
| 13.20-13.50 | Discussion: Real estate small fry | Discussion: What to invest |
| Buildings costing just a few or a dozen or so million złoty have a considerable share in turnover on the investment market. However, the larger players are giving them a wide berth. Is there any chance this will a change? | Offices, shopping centres, warehouses, perhaps hotels, boarding houses, luxurious apartments or data centres – which real estate segment has the most attractive future ahead of it from the investment point of view? Mixed-use projects – an attractive product or not worth the hassle? The pros and cons of such projects in the opinion of investors. | |
| 13.50-14.10 | Presentation: The most attractive Polish cities and regions in investment terms | Presentation: Case study |
| Is it better to focus on proven locations or to carve out your own path to new ones? | Legal issues related to an investment process. What to avoid and what to focus on? |
14.10 - 15.10 Lunch and discussion session
The host of each table is the discussion leader, who moderates the conversation and encourages the participants to share their views and ask each other questions. The formula is designed to integrate the group and enable the free sharing of experiences on topics regarded as crucial for the real estate market in 2016.
Tables A – Office market
Tables B – Retail market
Tables C – Warehouses
Session topics:
- How the real estate market will be impacted by recent legislation.
- The provinces vs. the capital city – a tug-of-war or good for one another?
- What all the investment market activity tells us about the state it’s in?
- Does size matter? Small properties as an investment product.
- Revitalisation Polish style.
- Fund Management. The role of the asset manager, the property manager and other service providers on the real estate market.
- How best to increase your property’s value.
- The future for restitution claims.
- How long will the resurgence last? And is another crisis lurking around the corner?
- Obtaining building permits – are things getting any better?
- New trends: workplace design, e-online shopping, the aging of society and offsite working. How the new trends will affect the profitability of types of projects?
15.10 - 16.10 Cocktail and networking