Happymeal
15 Feb 2010
Real Estate / Apartments too expensive for Poles living in Poland [54]
House Hunting in ... Poland
nytimes.com/2010/02/10/greathomesanddestinations/10gh-househunting.html
A TWO-BEDROOM APARTMENT IN LODZ'S CITY CENTER
910,000 POLISH ZLOTYS ($306,000)
This 130-square-meter (1,399-square-foot) apartment is on the second floor of a three-story tenement building built in 1923. Staircases and other portions of the indoor common areas are original and have been restored recently.
Poland shows signs of real estate recovery
For central and eastern Europe's crisis-hit property markets, the year could not have had a better start.
In the biggest regional property deal since 2007, MGPA, a real estate company backed by Australia's Macquarie Group, last month acquired two Polish shopping centres and took an option to buy a third for more than €235m ($341m).
For investors it is evidence of a recovery that began late last year, following a revival in west European prime commercial property and gains in global financial markets.
House Hunting in ... Poland
nytimes.com/2010/02/10/greathomesanddestinations/10gh-househunting.html
A TWO-BEDROOM APARTMENT IN LODZ'S CITY CENTER
910,000 POLISH ZLOTYS ($306,000)
This 130-square-meter (1,399-square-foot) apartment is on the second floor of a three-story tenement building built in 1923. Staircases and other portions of the indoor common areas are original and have been restored recently.
Poland shows signs of real estate recovery
For central and eastern Europe's crisis-hit property markets, the year could not have had a better start.
In the biggest regional property deal since 2007, MGPA, a real estate company backed by Australia's Macquarie Group, last month acquired two Polish shopping centres and took an option to buy a third for more than €235m ($341m).
For investors it is evidence of a recovery that began late last year, following a revival in west European prime commercial property and gains in global financial markets.