At Future of Real Estate 2026 in Warsaw, one observation kept resurfacing across the panel discussion on senior living: Polish senior living today sits where Polish PRS sat in 2017. The demographic case is undeniable. The capital case is compelling. And the structural answer — operators, regulation, tax — is where the real value will be created. For institutional investors looking at CEE, the question is no longer whether to enter the Polish senior living market. It is when, and through which structure, writes Piotr Zając, Managing Partner at Accace Poland, in an opinion piece for Property Forum.