In the first half of this year, Segro purchased a 20-hectare plot in Warsaw’s Młociny district. The company does not disclose the value of the transaction, but at the current prices of industrial land, which within the capital city range between PLN 850-1,200 per sq m, it can be estimated at around PLN 200 million.
Despite demanding times, the number of transactions and properties sold
remains at a good level, and one can even say that we are seeing a revival.
What is the current situation for developers when the supply of land for housing construction is shrinking and landowners can dictate higher prices? Our CEO, Aleksandra Wołodźko, answers journalists’ questions on this matter.
Bemowo is becoming an increasingly attractive district in Warsaw. The growing interest comes as no surprise. Good infrastructure and convenient transportation (thanks to the metro line, it’s easy and fast to reach other parts of the capital) attract developers and new investments. We had the opportunity to participate in one of them.
Warsaw is one of the most affordable capitals in the European Union to live in. In order to maintain its competitiveness, it is crucial to expand the availability of plots.
Will land get cheaper?
Please read the new article of Eurobuild CEE:
https://eurobuildcee.com/en/news/33423-land-is-the-key-to-success-but-requires-skills
In the first half of this year, Segro purchased a 20-hectare plot in Warsaw’s Młociny district. The company does not disclose the value of the transaction, but at the current prices of industrial land, which within the capital city range between PLN 850-1,200 per sq m, it can be estimated at around PLN 200 million.
Despite demanding times, the number of transactions and properties sold
remains at a good level, and one can even say that we are seeing a revival.
What is the current situation for developers when the supply of land for housing construction is shrinking and landowners can dictate higher prices? Our CEO, Aleksandra Wołodźko, answers journalists’ questions on this matter.