PROPERTY MANAGEMENT AND FACILITY MANAGEMENT IN POLAND

Katarzyna Najbar

ERES from European Real Estate Society (ERES)

Abstract: Polish property management market is not yet as well developed as in Western European countries. Until recently many developers would establish their own companies to service their buildings. However, recently, a growing number of property owners have been hiring outside companies with experience in property management. Estimates show that about half of all modern office buildings and commercial centers are serviced by professional firms. This are often foreign companies, who will enable the Polish company to take advantage of modern European know-how concerning facility management. They provide comprehensive, pro-active and effective management. This management includes: technical and telecommunications services, security, cleaning, internal settlements and planning, space rental, renovation and housing rental. Polish companies offer mainly a management and administration service for residential properties. The professional firms pursue to reduce maintenance and operation costs, identifying new sources of revenue and growing property value. The author makes an attempt to show how will the Polish real estate management market develope within next years.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2006-01-01
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