Katarzyna Gruszecka-Spychała
Deputy Mayor of Gdynia for Economic Affairs
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Participates in the sessions:
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Investment areas. The battle for the land bank. The land deficit is affect-ing developers
The demand for investment land in Poland exceeds its supply, and the rate of land price growth is dizzying. The hous-ing industry buys the most. Wherever there is land for a housing estate in a big city, it is bought in an instant. The logistics sector also needs a lot of land. Developers are now buying land not only alongside motorways, but increasing-ly within city limits as well. The pandemic has slowed down the demand for offices, hotels and shopping centres, but there are exceptions. What is the current state of play in the investment land market in Poland? How to release the potential of the land bank? Prices, supply, demand, and regulations. First demolish, and then provide new functions – redevelopment is gaining prominence. A growing number of new projects are being created on the basis of former hypermarkets, hotels or office buildings. Will such transformations increase in number? Is this a good way to acquire land for new investments?