From flats to turbines: Why this developer is building a wind farm

20
May
2025
News Article interview Poland Profbud residential

by Michał Poręcki | Interview

Paweł Malinowski, CEO of Profbud, talked with Property Forum about the cooldown on the Polish residential sector, building developer-owned wind farms and the necessary diversification of the product portfolio in the current market conditions.


Sales at property developers slowed sharply in Q1 2025 and were around 18 per cent lower than in the same period a year ago. A temporary cooling of the market or the beginning of a downturn?

The slowdown in sales in the first quarter of 2025 can be perceived as a temporary cooling of the market, but not a signal of an imminent crisis. Sales of apartments in 2024 were lower than in 2023, but higher than in 2022 and by 14% in the six largest cities in Poland; therefore, we cannot speak of a downturn. Currently at Profbud, we have not seen a decline in interest in our investments - quite the contrary. In March alone, two residential projects in Warsaw achieved sales levels with a result exceeding 100 and 150%, which confirms that the attractive location, high quality of execution and the “soul of the project” attract customers. Our development plans are ambitious - in Q1, we started pre-sales of the Mocha Tower development in Warsaw's Gocław neighbourhood. In the near future, we have plans for new developments that will completely change the face of premium real estate and set new boundaries for luxury. In short, where you live matters, and how you live matters even more.

CEO
Profbud

Article continues

To continue reading the article, sign-in. If you don't have an account, register now!




Latest news


New leases

  • RSM Poland, the audit, accounting, and consulting firm, will open a new office in GTC's Francuska Office Centre complex in Katowice. Brookfield Partners advised on the 800-square-meter lease.
  • Himalaya, the mountain, outdoor, and sports equipment and apparel brand, is set to open its first store outside the capital at RIVUS Cluj-Napoca, the mixed-use project developed by Iulius and Atterbury Europe.
  • Nardo Trading has signed a 3,000 sqm lease with Villar Logistic Parks at km 13, Bucharest. This lease is part of the first 20,000 sqm phase of the park that is already operational. The transaction was brokered by iO Partners.

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.


Latest news

News CPI Europe names new Executive Board Members
25
Jul
2025

CPI Europe names new Executive Board Members

by Forum Property
CPI Europe has announced the appointment of Vít Urbanec and Zdeněk Havelka to its Executive Board, effective immediately until December 31, 2027. 
Read more >
News Material prices drive challenges in construction sector
25
Jul
2025

Material prices drive challenges in construction sector

by Nicolae Ovidiu
Attila Beer, CEO of Alukönigstahl Romania & Republic of Moldova, talked to Property Forum about the demand engines that will drive the market this year and the growing investment in durable envelope solutions for buildings. 
Read more >
News Czechia offers 500,000 sqm of industrial space ready to lease
25
Jul
2025

Czechia offers 500,000 sqm of industrial space ready to lease

by Forum Property
The total stock of modern industrial space for lease in the Czech Republic has reached 12.68 million sqm. 131,600 sqm of new warehouse space was delivered to the market across seven industrial parks, announces Industrial Research Forum in its Market Figures for Q2 2025.
Read more >


ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017 – 2025 | Terms & conditions | Privacy policy