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Warsaw at MIPIM 2018

published: 19 mar 2018 - 13:01,

The first ever debate on the future of Warsaw at the Fair in Cannes, and two reports full of data confirming the city's investment attractiveness - this is how Warsaw will present itself this year at the leading international real property and investment sector event - MIPIM 2018.

Each year, nearly 250 thousand students, 60 thousand graduates and over 10 thousand doctoral students are among the qualified professional staff available to employers. 5 million m2 of modern office space is also a decisive factor for companies who choose Warsaw for their investments.

Investors stress that Warsaw is the best location in Central and Eastern Europe to run and expand their business operations, due to the availability of office space, infrastructure, and cooperation with universities, but most of all due to highly-qualified staff,” said Hanna Gronkiewicz-Waltz, Mayor of Warsaw.

The growing significance of Warsaw in Europe
During this year's investment fair in Cannes, Warsaw will present its development plans, and data which demonstrate Warsaw’s growing international significance. The capital of Poland is currently becoming one of the most attractive places in Europe to invest, and this includes areas beyond Central and Eastern Europe. This is confirmed by numerous rankings, i.a., a rating prepared by The Financial Times (the fDi Markets service), in which Warsaw is ranked third among the most business-friendly cities of the future in Europe, followed only by London and Dublin.

The possibility to acquire talented employees and the access to state-of-the-art offices are decisive factors for foreign investors to choose locations for their projects. Warsaw stands out in this respect, both in Poland and in Europe. The city attracts and educates the most talented people - it has a high rate of attracting talented people, not only from Poland but from all over the world. There are 246 thousand students attending 70 higher education institutions located in Warsaw, with 58 thousand graduates each year. In total, 72% of Warsaw’s residents are holders of higher education diplomas. What’s more, 81% of foreign investors find the competencies of Warsaw's employees excellent. This is confirmed by the most recent edition of a report entitled Poland - Your Place to Invest, prepared with a view to foreign investors looking for a places to locate their businesses. 

Warsaw provides their investors with the access to over 5 million m2 of office space, out of which 49% are class A offices.

These are the reasons why Warsaw is attracting new global players, such as Goldman Sachs, Credit Suisse and JP Morgan. 80 companies on the Fortune Global 500 list and a total of 2757 multinational corporations have chosen the capital of Poland for their business operations. This translates into an increased number of attractive workplaces available to the city’s residents.

Investment proposal
This year’s proposal presented during the MIPIM fair includes 7 investment plots. The following plots are intended for housing development: a plot at 55/57 Stalowa St. in Praga-Północ District (1955 m2), a plot at Cieszyńska St. in Mokotów (3539 m2), and a plot at Czapelska St., on the corner of I. Kruszewskiego St., in Praga-Południe (1800 m2). The largest available real property, i.e. the area at Prymasa Tysiąclecia Avenue in Wola (4179 m2), is intended for commercial premises. The same intended use is being planned for a land plot at 14, 16, 18 and 18A J. Kasprowicza St. in Bielany (1972 m2). MIPIM 2018 will also be an opportunity for the City of Warsaw to present a multifunction real property in the city centre (Mariańska St. and Twarda St. - 1027 m2), and the area at 23/31 Grochowska St. in Praga-Południe (3865 m2) which is intended for hotel development, services or office space. 

MIPIM in Cannes is a leading international event devoted to the real property and investment market. The 29th edition will be held between 13th and 16th March 2018. Over 24 thousand participants from 100 countries will attend the conference.