Estate FM

🎙️ 𝐓𝐮𝐧𝐞 𝐢𝐧 𝐭𝐨 𝐭𝐡𝐞 𝐧𝐞𝐰𝐞𝐬𝐭 𝐞𝐩𝐢𝐬𝐨𝐝𝐞 𝐨𝐟 𝐄𝐬𝐭𝐚𝐭𝐞 𝐅𝐌’𝐬 𝐬𝐩𝐞𝐜𝐢𝐚𝐥  EXPO REAL (Messe München) 2025 series — the last one before the weekend!

Today’s guest insight comes from Mateusz Skubiszewski, Head of Capital Markets Poland at BNP Paribas Real Estate:

🟢 Investors still show some anxiety about the geopolitical situation — though it’s far less intense than a year or two ago.

🟢 Interest in the office market is clearly on the rise.

🟢 While Warsaw remains the main focus of capital, regional cities are also drawing growing attention.

🟢 New capital is entering the market, looking for opportunities.

🟢 BNP Paribas Real Estate is active across all market sectors, with particularly strong momentum in warehouse and convenience retail segments.

🎧 Listen to this two-minute market insight straight from EXPO!

𝐓𝐡𝐞 𝐭𝐫𝐚𝐝𝐞 𝐟𝐚𝐢𝐫 𝐰𝐞𝐞𝐤 𝐢𝐬 𝐨𝐯𝐞𝐫, 𝐛𝐮𝐭 𝐭𝐡𝐞 𝐄𝐬𝐭𝐚𝐭𝐞 𝐅𝐌 𝐚𝐮𝐝𝐢𝐨 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐢𝐬𝐧’𝐭 – today and Monday we’re bringing you live commentary from Munich’s top market experts. 🔥

Today morning Marcin Sulewski, Head of Office Investment Poland at JLL, reports:

🔴 There are buyers for office deals, but… size matters.

🔴 Newcomers are preparing to their office debut in Poland.

🔴 The market is pleasantly fluid, and investor appetite is growing.

🔴 The office investment market in 2026 looks promising!

Listen to a two-minute scoop straight from the EXPO REAL (Messe München)!

Enjoy the show! ☕

To wrap up the Logistics & Warehouse Day — Hadley Dean from MDC2, and let’s not be afraid to say it: a true market guru.

And, keeping up with the tradition from our morning episode — here are your keywords of the day:

• Cost of debt

• Rental growth perspective / margin perspective / liquidity perspective

• Pre-let market

• Gdańsk / Gliwice / Stryków

• And just in case you missed it the first time — cost of debt!

Enjoy the insight!

𝐓𝐨𝐝𝐚𝐲 𝐨𝐧 𝐄𝐬𝐭𝐚𝐭𝐞 𝐅𝐌 — 𝐢𝐭’𝐬 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 & 𝐖𝐚𝐫𝐞𝐡𝐨𝐮𝐬𝐢𝐧𝐠 𝐃𝐚𝐲 𝐚𝐧𝐝 𝐰𝐞 𝐜𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐞 𝐢𝐭 𝐢𝐧 𝐌𝐮𝐧𝐢𝐜𝐡! 🎉 We kick things off with a commentary from Sławomir Jędrzejewski, Head of Industrial Investment CEE at JLL. A few encouraging takeaways:🔴 cautious optimism across the market,🔴 the market has reached its bottom-out phase,🔴 expected transaction volume by the end of 2025: EUR 1.6–1.7 billion,🔴 inflow of core+ capital,🔴 growing interest in portfolio and sale & lease back transactions.🎧 Enjoy listening!

Today, Daniel Bienias, Managing Director CEE at CBRE joins Estate FM exclusively from EXPO Real. ‼️

Among other things, he’ll tell you that:

🟢 there are many signs that good times are ahead,

🟢 everyone wants to invest in beds & sheds, but…

🟢 core investors are once again showing interest in offices — especially in central Warsaw,

🟢 a boom isn’t expected, however we can anticipate some significant transactions in Poland over the next 12–18 months.

Enjoy the insight!

Today, straight from EXPO REAL (Messe München), we're talking about 𝐭𝐡𝐞 𝐥𝐢𝐯𝐢𝐧𝐠 𝐬𝐞𝐜𝐭𝐨𝐫 — 𝐚 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐡𝐚𝐭’𝐬 𝐞𝐧𝐭𝐞𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐬𝐮𝐩𝐞𝐫 𝐥𝐞𝐚𝐠𝐮𝐞. 🏆

Krystyna Pietruszyńska, Director in the Living Investments at JLL Living | Poland, comments on:

🔴 the effects of lower interest rates introduced by the National Bank of Poland,

🔴 the increasingly common cooperation between investors and developers,

🔴 the growing number of M&A transactions in the sector,

🔴 the recent record-breaking deal in the Polish PRS market,

🔴 and the strong fundamentals of the Polish economy, which make Poland an ideal place to live and work.

Another lively commentary straight from Munich — today evening. ⏰

Today straight from EXPO REAL (Messe München) - everything you wanted to know about the Polish office market but were afraid to ask. 👨‍🎓

Karol Wyka, Executive Board Director, Head of Office Department at Newmark Polska, talks about:

🔵 the mood at this year's EXPO Real,

🔵 the macroeconomic factors influencing the office market in Europe and Poland,

🔵 cities where renegotiations account for 70% of demand,

🔵 the challenging record low supply - especially if you represent clients who are rapidly increasing employment...

🔵 ...or clients whose leases expire in 2030 - if they are looking for space of 5,000 sq m, they should look now!

🔵 a healthy economy and a bright future for the Polish real estate market.

Enjoy the show!

This will undoubtedly be the most dynamic commentary at EXPO REAL (Messe München) 2025 (care to take up the challenge?) — after all, this is one of the most fast-evolving industries out there, right ⁉️ 🧐

Pawel Malon, CEO of SINGU, talks about:

🟢 the company’s record-breaking team in Munich and what it signifies,

🟢 the increasingly hot topic of digitization and data automation,

🟢 and Singu’s growth — both organic and through M&A. And here, a warm welcome to our new colleagues from Berlin!

Enjoy the show!

At the end of the first day of EXPO REAL (Messe München) Real - an audio postcard for all investors still wondering whether Poland is worth investing in. 🔥

Krzysztof Misiak MRICS, Head of Cushman & Wakefield in Poland, speaks convincingly about:

🔴 the solid foundations of the Polish economy,

🔴 the biggest challenges facing the entire region (such as demographics),

🔴 the resurgence of tourism,

🔴 and C&W's recently acquired consultancy contract for the construction of the Central Communication Port.

Listen to a few minutes of essential insights - then be smart and invest in Poland. ☝

𝐃𝐞𝐬𝐩𝐢𝐭𝐞 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐢𝐧𝐠 𝐰𝐞𝐚𝐭𝐡𝐞𝐫 𝐚𝐧𝐝 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐡𝐮𝐫𝐝𝐥𝐞𝐬, 𝐰𝐞'𝐫𝐞 𝐥𝐚𝐮𝐧𝐜𝐡𝐢𝐧𝐠 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐩𝐨𝐝𝐜𝐚𝐬𝐭 𝐬𝐞𝐫𝐢𝐞𝐬 𝐬𝐭𝐫𝐚𝐢𝐠𝐡𝐭 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 EXPO REAL (Messe München) 🔥

To kick things off, we’re featuring an interview with Malgorzata Dankowska, co-founder and managing partner at Koda. Taxes | Accounting | Payroll ⭐

🔴 What mood did Małgorzata bring to this year’s Expo, and what are her expectations for the fair?

🔴 Are asset deals and share deals feasible in Poland?

🔴 What should investors keep in mind about LOIs?

🔴 How can limitations in project financing and interest deductibility be overcome?

🔴 Which instruments are best for hedging tax risks?

🔴 Can real estate in Poland be purchased directly through a foreign vehicle?

🔴 What can we expect from the investment market in the coming months?

Tune in for a few minutes of expert insight straight from Munich ‼️