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Media commentary
Europa Property | Top 30 commercial property developers in Poland report €230m net profit in 2018
20 Nov 2019
The aggregate net profit margin of the 30 leading office, retail and warehouse developers operating in Poland ranged between 17% and 26 percent in 2012-2018, which represents an average annual margin of 21 percent, according to the "Property developers in Poland 2019-2023" report released by the research company Spectis.
A solid volume of property investment transactions in Poland, which has been consistently high in recent years, is a major factor with a stabilising effect on commercial property developers’ hefty profit margins. The property investment transaction volume topped the PLN 30bn-mark (€7bn) for the first time on record in 2018. Importantly, besides office or retail properties, investment transactions increasingly involve warehouse facilities, which currently achieve the highest yields. And the developers of warehouse properties turned out to be the biggest contributors to the record-high profits reported by the 30 largest commercial developers in Poland in 2018.
Full article: www.europaproperty.com