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The institutional rental market in Poland, after strong growth, is now facing a period of temporary standstill. Compared to the end of 2022, the number of apartments under construction decreased by %. The slowdown in the PRS sector, however, does not mean a lack of interest in further projects. Our research shows that investors have increased the number of planned apartments intended for rent by 30%.
In the first half of the year, over 3,900 housing units entered the market, which increased the total stock in Poland to nearly 14,700 units. However, the growth dynamics (45% increase) from the end of 2022 was not maintained compared to the current growth, being at the level of %.
Difference
Source: PwC data
This report is part of a series devoted to PRS. The edition presents current trends in the sector, but also a map of investments in Poland. In the publication, we will read again the comments of market experts and see the results of a survey whose aim was to examine the sentiment among investors towards bank financing of the PRS market as well as the opportunities and risks for the development of this market.
The report has been supplemented with a comprehensive review of key issues related to obtaining debt financing for PRS projects.
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Anna Derleta-Konikowska
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