Saturday, 15 March 2025
Matexi Polska currently has over 3,000 apartments in preparation, Mirosław Bednarek, President of Matexi Polska, informed ISBnews. In 2024, the company will have signed development contracts totaling nearly PLN 400 million. Looking ahead, Matexi expects a significant increase in sales revenues in 2025 due to an accumulation of unit completions.
“Our priority is to continue securing building permits for key locations we acquired in recent years. Multi-stage projects remain particularly important for us, and with over 3,000 apartments in preparation, we rank among the market’s leading players. At the same time, we plan further land acquisitions in our target markets. Lower interest rates will create new opportunities in the institutional rental market (PRS),” Bednarek stated.
The company anticipates a steady recovery in primary market demand in 2025, driven by expected interest rate cuts.
“For Matexi, 2025 will not only mark a time of growth and strengthened market presence in Poland but also the celebration of our 15th anniversary of operations here. With the upcoming release of numerous units, we foresee a substantial boost in sales revenues,” Bednarek added.
Reflecting on 2024, Bednarek noted it as a year of stabilization for Poland’s real estate market following years of rapid changes.
“In our key cities—Warsaw, Kraków, Wrocław, and the Tri-City—the market achieved balance, with stable demand and supply driving price increases in line with inflation. This year, we launched five projects, including three in Warsaw (Wellot Wola, Żelazna 54, and XYZ Place) and two in Kraków (Port Departments and Takt Lirks), delivering a total of 587 apartments,” he said.
Despite challenging market conditions, including high inflation, elevated mortgage costs, and a lack of government programs supporting new home purchases, Matexi’s performance remains robust.
“In 2024, we signed development agreements worth almost PLN 400 million, only 10% lower than the previous year—a testament to our stability and the trust our customers place in us. Additionally, we invested nearly PLN 200 million in new plots, including premium locations such as Mokotów and Wola in Warsaw and Podgórze Duchackie in Kraków,” Bednarek concluded.
Matexi Polska is part of Matexi Group, Belgium’s largest residential developer with a portfolio exceeding 35,000 completed projects. Operating in Poland since 2010, Matexi continues to be a significant player in the country’s residential real estate market, prioritizing high-quality developments and long-term growth.
Source: Matexi Polska and ISBnews
Photo: Grzybowska 37, Matexi Polska
