Danilo Djurović, CEO of Monting Development, talked to Property Forum about the current state of affairs in the Polish residential market, environmental responsibility and business partnership with football star Robert Lewandowski.
After your successful developments in Gdańsk, you are now entering the most competitive market in Poland - Warsaw - at a time when residential demand is cooling. Is this really the right moment for such a bold move?
The residential market is currently going through a transitional phase. After a period of high uncertainty, we’re beginning to see signs of stabilisation. We’ve already seen the first interest rate cut, and further reductions expected in the coming quarters may stimulate demand and improve access to financing. Regardless of the economic cycle, one thing remains constant - in Poland, residential property is still considered one of the safest forms of investment. Despite its size, Warsaw remains one of the most affordable European capitals, making it attractive to both private buyers and institutional investors. We’re not afraid to enter the capital’s market - quite the opposite. We believe this is the right time to introduce quality that will truly stand out. Our strategy focuses on developing projects in locations with the potential to influence their surroundings - not just fill in the urban fabric, but actively shape it. That’s what we did in Gdańsk, and that’s what we intend to do in Warsaw.
CEO
Monting Developoment
You’ve recently acquired two plots in top Warsaw locations. Their natural destination seems to be the luxury segment. Would you agree?
