Poland, after 2 years in EU, is riding a property wave Construction is booming as a new middle class buys its first homes

From: International Herald Tribune | Date: June 23, 2006| Author: | Copyright information

Beata Pasek
International Herald Tribune
06-23-2006
After running a property development business in London, Colin Halliwell and his Polish girlfriend, Malgorzata Kuriata, moved to another land of opportunities: Warsaw.For more than 1 million zloty, or $313,000, they bought a prewar house of 200 square meters, or 2,200 square feet, in the city's prestigious Mokotow district. They plan to add another floor, renovate the whole building into three luxurious apartments and then sell. Since their investment about a year ago, prices in the neighborhood have already gone up by more than a ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Race reflects growing Polish confidence in democracy; Contrast: Warsaw is a picture of post-communist success
; WARSAW, Poland (AP) - Poland, the first Eastern European nation...this week with people protesting Europe's last dictator. Warsaw, by contrast, is a picture of post-communist success, the...far back in a field of 12 candidates, scoring less than 3 percent in recent polls. The incumbent, Alexander ...
MILLIONS VOTE IN POLISH REFERENDUM PROTESTERS DISPERSED IN GDANSK, WARSAW
; ...hundreds of people in Gdansk and Warsaw, which were the largest of...State television said 63.8 percent of the 26.8 million eligible...government claimed an 80 percent turnout in the 1985 general...price rises averaging 40 percent next year, with increases of 110 percent for basic foods and ...
Warsaw, Ind., Medical Supply Firm Aims to Grow through Takeover of Swiss Firm.
; ...knees that is based in Warsaw, would become the world...target Centerpulse rose 14 percent Tuesday, to $256, in Zurich...said the number of jobs in Warsaw might edge up slightly...3,600, half of them in Warsaw. Tuesday's offer compares...
Medical Device Company to Pump $64 Million into Warsaw, Ind., Facilities.
; ...McCarthy-Sessing, president of Kosciusko Development Inc. and the Warsaw/Kosciusko County Chamber of Commerce. Democrat Gov. Joe Kernan traveled to Warsaw to make the announcement with J. Raymond Elliott, Zimmer...moving its headquarters elsewhere. Zimmer was founded in Warsaw in 1927. It was acquired by ...
Among the living and the dead in Warsaw
; ...the nondescript apartment buildings that occupy much of Warsaw beyond the meticulously reconstructed Old Town at the...Treblinka. The death trains ran from July, 1942, until the Warsaw Ghetto was liquidated and leveled in May, 1943, after...the city in the autumn of 1944 after the failure of the Warsaw ...
Warsaw, Ind.-based medical device maker's net sales rise 18 percent.
; Byline: Linda Lipp Sep. 17--Warsaw-based Biomet Inc. today reported a net sales increase of 18 percent and a growth in adjusted operating...and adjusted net income of 19 percent for the first quarter of fiscal...earnings per share increased 20 percent, on an adjusted basis, to 36...
Old Warsaw Careful restoration gives Poland's capital the look and feel of centuries gone by
; WARSAW, Poland -- Say "Warsaw" to most Americans and they'll think...languished in terms of tourism. Fully 97 percent of the people checking into Warsaw's finest hotel, the Bristol, are business...than leisure travelers. That's a shame. Warsaw is wonderful, I learned on a recent swing...
Earnings of Warsaw, Ind.-Based Orthopedic Products Maker Drop 12 Percent.
; ...Mar. 14--FORT WAYNE, Ind.--Warsaw-based Biomet's third-quarter earnings dropped 12 percent to $38.2 million, compared...non-recurring charges, the Warsaw-based orthopedic products...earnings per share rose 24 percent to 31 cents from 25 cents...
Net Income Rises at Warsaw, Ind.-Based Orthopedic Implant Maker Zimmer.
; Byline: Lynne McKenna Frazier Feb. 5--WARSAW, Ind.--Strong sales of implants, particularly...Zimmer Holdings Inc.'s net income by 22 percent for the year. The Warsaw-based orthopedic implant maker said...27 cents a share, an increase of 22 percent on a pro forma basis. After separation...surgery. ...
Warsaw, N.Y.-based Financial Institutions' profit up 76 percent.
; ...the third quarter soared 76 percent, but the gain was all due...130 million in bad loans. Warsaw-based Financial Institutions...have been $2.7 million, a 47 percent drop. However, the sale puts...its asset quality. Just 1.6 percent of total loans are now nonperforming, down from 3.8 percent ...