ARTICLES LABELLED WITH TAG taxation
21
Nov
2024
Nov
2024
Romania’s property sector could use a smaller VAT for renovations
Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.
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24
Jan
2023
Jan
2023
Polish government to limit portfolio purchases of flats
The Polish Ministry of Development and Technology has drafted a bill to limit purchases of large numbers of flats. The new legislation is to target both individual investors and funds investing in the institutional rental segment (PRS).
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21
Oct
2022
Oct
2022
Investors in Poland enjoy good public support
Poland has one of the most attractive tax systems for innovators in Europe. According to the JLL report 'Made in Poland', a comprehensive guide for investors prepared in cooperation with partners: Polish Investment and Trade Agency, Hays and ALTO, when doing business in Poland, companies have many opportunities to obtain financial support from both domestic and EU sources. Reliefs and subsidies translate into increased interest in the Polish market. Last year was a record year in terms of investment, with projects in Poland with a total value exceeding €3.5 billion implemented with the participation of PAIH. This is €800 million more than last year and €700 million more than in the record year so far in 2019.
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14
Oct
2022
Oct
2022
PRS market in Poland enjoys good forecasts
The PRS market accounts for a mere 1% of all rental flats in Poland. Despite being in its infancy, it is likely to become a strong investment alternative and gain popularity in light of the current macroeconomic conditions and challenges facing the housing sector. The latest report prepared by experts of CRIDO and Savills looks at what’s next for this commercial real estate sector in the coming years and legal and tax issues that an investor needs to take into account in investment planning.
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16
Apr
2020
Apr
2020
Hungary to reintroduce 5% VAT rate for certain residential projects
For residential developments executed in brownfield zones a VAT rate of 5% will apply instead of the normal 27%, the Minister of the Prime Minister's Office announced today.
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02
Oct
2019
Oct
2019
Changes to the withholding tax regime in Poland to impact real estate transactions
Sylwia Toczyska, Director, Client Services at Vistra Poland looked at the withholding tax rules in the country, examining how further clarification is needed and the action that companies may need to take. An article from Vistra’s Global Real Estate Trends publication.
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Latest news
- Bucharest's unoccupied homes stock more than doubles in decade
- Ljubljana’s largest-ever development enters strong leasing phase
- Realia fund acquires 14,000 sqm Czech retail park
- Czech industrial real estate hits record construction levels in 2025
- GTC leases nearly 32,000 sqm in Polish shopping centres
- Romania's construction volume close to new record in 2025
- Hushoffice expands in Łódź with 13,000 sqm across two Panattoni sites
- 7R sells warehouse to French investor entering Poland
- Speedwell completes 128 apartments in northern Bucharest
- Romania's retail stock second largest in CEE despite low density
New leases
- The EYEmova ophthalmology and training center has joined the tenant roster at Soho by Yareal in Warsaw’s Kamionek district, occupying over 500 sqm. The opening of the EYEmova center in Praga-Południe is scheduled for June this year.
- RPHI Romania secured approximately 9,000 sqm of premium lease agreements in 2025 at Bucharest-based SkyTower. The transactions comprised both new tenancies and expansions from existing occupiers. The tower attracted six new tenants across diverse sectors, including food delivery, insurance management, and cybersecurity.
- EPP's Galeria Sudecka in Jelenia Góra is strengthening its offering with lifestyle and service brands, including a newly opened Fit Style gym, the addition of Rituals Cosmetics and Kodano Optyk, and the expansion of Medicine and Wakacje.pl. The new agreements and renewals in Galeria Sudecka cover almost 1,900 sqm of commercial space.
New appointments
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
- CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.
- Axi Immo has expanded its Office Agency team to strengthen its presence in southern Poland and Warsaw. Karolina Słysz joins as Head of Regional Markets, bringing 10 years of experience to lead efforts in Katowice, Kraków, and Wrocław. Elżbieta Golik has been appointed Associate Director, leveraging over eight years of expertise in tenant representation. In Warsaw, Filip Kowalski joins as Associate Director, focusing on lease negotiations. Additionally, Anna Piłka-Sutkowska has been promoted to Advisor following four years with the firm. To support these transitions, Natalia Majsterek has been hired as Office Department Coordinator.
