Pandemic diversifies investment land market
Pandemic diversifies investment land market COVID-19 has slowed the activity of office developers, intensified competition in the residential land market, and shrunk the supply of land for warehouses. The pandemic verified forecasts regarding an increase in prices for land designated for office projects. In the case of Warsaw, the best opportunity to maintain value despite COVID-19 was for land on the outskirts and in the very heart of the city, where average values invariably fluctuate from PLN 3,000 to 4,500 per sqm of usable area. Average transaction prices per sqm for residential usable...
Source: biznespolska.pl