Residential developers expand land banks

The largest investor activity still refers to the multifamily residential market - nearly 70% of land transactions involve this type of projects.

2021 saw the largest transaction in the residential investment land market - Robyg acquired an 11.9-hectare plot in Warsaw's Wilanów district for PLN 263.2 million.

- This is the largest land transaction on the residential land market in recent years. This plot allows for attractive development, with all the amenities important to residents - says Oscar Kazanelson, the chairman of the supervisory board of Robyg Group.

The investment land sector in 2022

- The development of the investment land sector is closely linked to the condition of the Polish economy and the willingness of developers to purchase land. Over the last 24 months we have seen a boom in the warehouse and single-family residential sectors, which benefited from the temporary weakening of the office and retail markets - says Jacek Szkuta, Regional Director of Investment Land Department, AXI IMMO.