Investment opportunities in regional Polish cities
Posted: 2014-11-06
Although Warsaw is the preferred business location for foreign investors in Poland, other Polish cities are developing rapidly and many businesses are turning their attention to regional cities like Krakow, Wroclaw, Tri-City or Katowice. Recent business transactions concluded in many of these Polish cities prove that companies believe in the potential offered by the country.Recent developments
Foreign investors looking to extend their business in Europe have recently turned their attention towards office spaces in Poland. The Polish real estate market offers many opportunities for investors and the office buildings in the country are modern and a wonderful solution for international businesses. Regional cities in Poland are becoming an appealing solution for investors who want to have access to modern offices but do not want to base their Polish company in Warsaw.
The outsourcing industry is one of the most important investors in Poland which demands new office space. Business services centers are generally looking to lease attractive office spaces outside of Warsaw. Poland is a leading country in Europe in the outsourcing business: it ranks number two in Europe and ranks 6th globally.
Attractive Polish cities
Popular Polish cities targeted by foreign investors, especially investors from Germany or the United States, are Krakow, Wroclaw, Tri-City, Katowice, Poznan and Lodz. Krakow and Wroclaw are the two cities that follow Warsaw in the top three Polish cities chosen by foreign investors. Out of the three cities, Krakow is the one that has recorded the fastest development. The total investment volume in the city is predicted to reach almost 375 million euro by the end of the year.
Krakow is the second largest city in Poland and also one of the oldest. Krakow is an important economic hub and the capital of the Lesser Poland region. Important multinational companies have established headquarters here. Wroclaw follows closely on the list of attractive Polish cities and is the fourth largest city in Poland. The capital of the Lower Silesia Voivodeship bases its economy on the manufacturing industry.
Poland offers many investment opportunities for entrepreneurs. Before purchasing a property in Poland, our Polish law firm recommends that you perform a real estate due diligence. By doing this, you can be sure that the new office space meets all the criteria for your business in Poland.
Please contact our law firm in Poland for more information about investing in Polish cities.