MIPIM Property Fair 2016
At MIPIM 2016 Poland Today secured the participation of Mateusz Morawiecki, Deputy Prime Minister of Poland and the country’s Minister of Development, whose involvement made a big impact on the whole event. Mr. Morawiecki was the highest-level official from Poland ever to participate at MIPIM, which this year attracted approximately 23,500 participants, and the most senior figure from any country at MIPIM 2016. The panel in which he took part, part of Poland Today’s two-day ‘Poland & CEE Days’ conference & networking initiative – which consisted of the Executive Dinner on Tuesday 15 March in the evening, and four panel sessions on Wednesday 16 March –was fully packed with attendees from around the world. The deputy Prime Minister assured the audience that Poland remained an excellent country in which to invest and do business, but was questioned closely about the government’s policies and actions, not only by moderator Henry Foy of the Financial Times, but also by the audience, some of whom took the opportunity to express their concerns about the impact of the government’s policies on international investor sentiment.
Alexander Goepfert, partner and head of real estate investments Europe at law firm Noerr reminded the audience that Poland is a mature and stable market but cautioned that continued global investor interest in the country will depend significantly on the stability of the political system and the atmosphere created by the government.
Also packed was the real estate panel led by Mrs. Hanna Gronkiewicz-Waltz, the Mayor of Warsaw, and featuring five of the biggest developers operating in Warsaw: Echo Investment, Ghelamco, HB Reavis, Skanska and Xcity Investment.
The heads of these companies were persuasive in calming concerns from some quarters that there is too much office development activity in the market, pointing out that Poland’s capital city still has a lot of catching up to do when compared to other cities of a similar size and status in Europe. The tone of the panel was optimistic about the leasing prospects of new upcoming office developments, judging by the success of Echo Investment’s Q22, Ghelamco’s Warsaw Spire, HB Reavis’s several recent projects in the capital and Skanska’s landmark schemes in major cities around Poland. Special thanks also go to our partners for the CEE Breakfast panel, RICS, and for the Poland Lunch panel, PropertyEU.