AGENDA

The institutional rental market in Poland is in its infancy, but there is every indication that it will soon be taking increas-ingly bold steps. Economic growth, urbanisation and generational shifts are the long-term drivers of demand. The war in Ukraine and the sharp increase in rental yields combined with double-digit inflation mean that investors perceive flats as a safe haven for their capital. Can the rapid influx of capital into the PRS sector possibly result in soaring hous-ing prices, higher rents, and lower supply? What regulation does the market need?

The pandemic has created a worst-case scenario for further development of the office market. The spectre of deserted office buildings and widespread work from home gave developers, investors and employers sleepless nights. Howev-er, the demand for offices is growing. Companies are still looking for additional office space. Poland has also been targeted by corporations that want to abandon the Russian and Ukrainian markets. Flexible solutions are gaining in popularity. What does the future hold for offices in Poland?

The technological race continues. Property is arming itself with technologies that facilitate work and provide security, while also being an effective way to decarbonise. We invite you to the next edition of the competition and related dis-cussions about technologies in the property market.

The last two years have seen numerous changes in the legal and tax environment in Poland, which have also affected the property market. A number of tax transformations introduced under the Polish Deal and the implementation of international regulations have had a key impact on the obligations of property players as well as on the returns they realise on their investments. These transformations also influence investors’ decisions. Property needs positive stimu-li: The Act on REITs can be one, but do we have something else in store as well? What is the government preparing? What changes does the industry expect?

The COVID-19 pandemic has digitalised consumers, and shopping centres have realised that the saturated market is at the crossroads. Today, it is necessary to entice customers and fight for them. What direction is the evolution of shopping centres taking? How are the products and services they offer changing? And how are new technologies influencing their operation? The challenge for the sector is omnichannel, which rules retail while dividing it at the same time. The sector has also ignited a dispute over rents. How to solve this problem?

Just when the hotel sector had begun to successfully heal its post-pandemic wounds, a new crisis has arrived, once again weakening the industry and depriving it of tourists, who are now concerned about the events taking place across our eastern border. Without the return of tourists and MICE events, hotels will not get back on their pre-COVID track, and investors will not return to their investment plans on the same large scale as before the pandemic. Is a hotel indus-try rebound in 2023 still possible? How does the refugee migration affect the performance of hotels? Is it time for condo hotels again?

Recent years have been difficult for the commercial property market. The pandemic forced many companies to change their operating models and turned upside down the facility management methods developed over many years. Inflation and rising energy prices have further forced the need for cost optimisation and energy efficiency. The FM market is increasingly focusing on integrated and comprehensive property services. Different buildings, different challenges. How is the role of property managers and facility management companies evolving?

The pandemic has shown that integrating employees and building organisational culture may be the most important tasks for offices. How to improve the process of community building, which is easier to manage in well-designed space? How to organise such space? What new challenges do HR departments have to deal with?