Michał Sapota
President of HRE Investments
Michał has been pursuing very ambitious goals on the real estate market in Poland and abroad for over a decade now.
In his work he places particular emphasis on developing long-term strategies for company growth using various sources of financing the company’s activities. He has a sound grasp of the synergy between the financial and real estate markets. Michał uses his expertise and experience to expand an investment offer for the real estate industry and he does it with great passion.
Participates in the sessions:
-
The investment market. Poland needs REITs
Poland’s property market is an attractive target for foreign investment; however, the real challenge is to stimulate domestic investors. To what extent is the lack of an Act on REITs a significant stumbling block to the development of the sector in Poland? What shape should it take?
-
A multitude of changes that makes it difficult to assess the scale of risk
The housing industry is concerned about amendments to the Act on Developers, while commercial properties are looking forward to the abolition of the right of perpetual usufruct… This year alone, about 200 fundamental regulations affecting the commercial property sector have been amended. Investors have one more concern in common – legal and tax changes have been implemented too fast in Poland, without social consultation; they are not precise enough and the rules are being changed during the game. What direction should legal and tax changes in Poland take? What works well and what works poorly?
