Signaling that the Polish property market is further rebounding, Aareal Bank plans to expanding its lending activity in the country’s retail, office and logistics sectors. “We’re also thinking about Poland’s hotel market, but this would be just a small part of our business here,” says Hubert Manturzyk, a senior manager at Aareal Bank in Poland.
“We perceive the retail and office sectors as the safest at the moment, even though a number of banks continue to be cautious with their retail investments in Poland, as the saturation of shopping centers in Poland is already high,” Manturzyk adds. “When it comes to office projects, besides Warsaw’s office sector, we’re targeting some of Poland’s regional cities, including Kraków and Wrocław.”
