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The Investment Market of Non-Corporate Developers in Poland – Survey Analysis

Author

Listed:
  • Kleszcz Justyna

    (Department of Architecture and Urban Planning, Faculty of Civil Engineering and Architecture, Opole University of Technology, ul. Prószkowska 76, 45-758 Opole, Poland)

  • Szczegielniak Anna

    (Department of Architecture and Urban Planning, Faculty of Civil Engineering and Architecture, Opole University of Technology, ul. Prószkowska 76, 45-758 Opole, Poland)

  • Wanago Radosław

    (Department of Architecture and Urban Planning, Faculty of Civil Engineering and Architecture, Opole University of Technology, ul. Prószkowska 76, 45-758 Opole, Poland)

  • Kubus Mariusz

    (Department of Mathematics and IT Applications, Opole University of Technology, ul. Prószkowska 76, 45-758 Opole, Poland)

Abstract

The paper presents an analysis of the private-sector developers’ investment market in Poland focusing on its spatial effects. Initial observations showed an increase in the share of small developers in the Polish market. So far, however, no research on this topic has been conducted. The study used a two-stage research approach, analyzing source materials and conducting qualitative, quantitative, and statistical research on small Polish non-corporate developers. Data was collected in 2019-2020 through online survey tools. Results show that their activity can be boosted by better access to land, more funding choices, and less worry about market downturns. These developers focus on selling apartments quickly, maximizing profits and adjusting their strategies based on market trends by choosing specific plot sizes to develop. A typical method of land development for the surveyed Polish developer is the densest possible development of single-family housing, two-unit semi-detached houses with apartments ranging from 60-80 m2. This article constitutes the second part of research conducted since 2020 on developer preference.

Suggested Citation

  • Kleszcz Justyna & Szczegielniak Anna & Wanago Radosław & Kubus Mariusz, 2025. "The Investment Market of Non-Corporate Developers in Poland – Survey Analysis," Real Estate Management and Valuation, Sciendo, vol. 33(4), pages 15-29.
  • Handle: RePEc:vrs:remava:v:33:y:2025:i:4:p:15-29:n:1002
    DOI: 10.2478/remav-2025-0032
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    References listed on IDEAS

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    1. Chris Leishman, 2015. "Housing Supply and Suppliers: Are the Microeconomics of Housing Developers Important?," Housing Studies, Taylor & Francis Journals, vol. 30(4), pages 580-600, July.
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    More about this item

    Keywords

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    JEL classification:

    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations

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