News from BPCC Members

2021-02-26

Brexit: The Polish parliament has passed legislation regulating the run off of insurance contracts concluded by UK insurers

On 19 February 2021, the Senate (upper house) passed the Act amending the Act on Trading in Financial Instruments and Certain Other Acts (the "Act"), which introduces long-awaited rules for the run off of UK insurers' policies following Brexit.

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2021-02-25

Savills: warehouses as the biggest winner of the pandemic

A quarter of all modern warehouse and industrial space in Poland was transacted in 2020, says real estate advisory firm Savills in its latest report. Despite the pandemic, take-up hit record levels last year, reaching more than 5 million sq m, while Poland’s total logistics stock surpassed the 20 million sq m mark.

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2021-02-24

Taylor Wessing in Poland recognized in a prestigious WTR 1000 2021 ranking

The Warsaw office of international law firm Taylor Wessing has been recognised in the latest edition of the prestigious WTR 1000 ranking, being ranked Bronze Band with respect to Enforcement and Litigation in Poland.

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2021-02-24

Warehouses becoming part of urban landscape

The development of e-commerce and the accelerating urbanisation process is translating into a growing stock of urban warehouses in Poland which currently stands at approx. 1.6 million sqm, with the prospect of further growth.

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2021-02-23

Value One and Nuveen Real Estate to enter polish PBSA market

Eagle JVCo, the investment vehicle established in 2019 between Vienna-based Value One and Nuveen Real Estate on behalf of its parent TIAA, has agreed to acquire a portfolio of purpose-built student housing and two development sites in Poland.

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2021-02-19

An office building in central Warsaw gets a fresh makeover

The refurbishment of the Stratos Office Center, which is situated in the very centre of Warsaw, is nearing completion.

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2021-02-18

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2021-02-17

Brexit and UK-Polish trade – the experience after seven weeks

By Michael Dembinski, chief advisor, British Polish Chamber of Commerce

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2021-02-16

Blockchain – a revolution in the financial sector?

Will blockchain technology revolutionise the financial industry? By 2025, the value of the global blockchain market is forecast to exceed USD 21 billion, and 10% of global GDP is likely to be stored in blockchain, with more and more economic sectors opting to use this technology, including the financial sector. Polish banks are rapidly embracing this new technology and already working on further implementations.

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2021-02-16

Savills: Wrocław office market. Time to resume lease processes

Covid-19 has also left its mark on the Wrocław office market, says real estate advisory firm Savills. As in other cities, this market slowed significantly after many years of booming growth. According to Savills experts, this should be a signal for tenants to resume lease processes put on hold as they can enjoy the upper hand in negotiations.

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