CATEGORY
Most Investor-Friendly City
Poznań is one of the most attractive cities for investors in the region of Central and Eastern Europe, because the city is being developed in a sustainable way. With approx. 550 thousand residents, Poznań is the 5th largest Polish city. The unemployment rate of 1,1 % together with relatively high salaries drives the strong inner demand for dwellings. Many existing and new international and Polish companies encourage office space and hotel space developments. Our mission is to offer comfortable living conditions for all residents - green recreational areas, a rich cultural offer, and care for the health of residents. In Poznań, we focus on openness and diversity, but also on implementing smart city ideas. The dynamic development of the office and hotel market thanks to the efforts of investors (like Vastint, Skanska, Garvest, Echo Investments) allows the development of new investments in the business services sector. Also, over the last years, the number of tourists visiting Poznań has risen which makes it necessary to construct new hotels, especially the 4- and 5- star ones. The 100 hectares big area of Wolne Tory, where a new city district is planned, presents huge opportunities for real estate investors. The City's reliability is confirmed by winning prestigious international competitions and rankings, such as Emerging Europe Awards, TOP 10 EMEA Tech Cities by CBRE and national ones - e.g. the first place in the ranking of cities of Polish Association of Developers. The waiting time for the land development decisions and the building permits are the shortest in Poland.
City
Poznań
Financial investment budgeted in public projects in 2019 in PLN
929 159 122
The most important projects completed between October 2018 and September 2019
Private: Owens-Illinois – further development of the glass Works Skanska - completion of two buildings of the Nowy Rynek project (offices, residential) Vastint – completion of the second phase of the Business Garden office center Hilton – opening of the Hampton by Hilton hotel Focus – opening of the 1st hotel of this chain in Poznań Radisson Inn – opening of the 1st hotel of this chain in Poznań Municipal: Completion of the Park Rataje, since 1989 the biggest park in Poland Further development of the Wartostrada bicycle path Modernization of the sports utilities in Golęcin Revitalization of the downtown Rybaki St. Revitalization of Św. Marcin St., one of the most important, downtown shopping streets within the program “Centrum”
Major projects planned for 2020
Private: Robyg – former power plant Garbary (residential)https://poznan.wyborcza.pl/Poznan2023/10,162777,23901926,dawna-elektrocieplownia-zmieni-sie-w-nowa-dzielnice-wizualizacje.html Vastint – Stara Rzeźnia (mixed use) Vastint – Portowo (residential) Budimex – Fama Jeżyce (residential) Nivea – further development of the factory Municipal: Construction of a pedestrian bridge between the Old Town and Rataje district Further development of the city beaches system Plażojada Further development of the bicycle path to Lake Strzeszynek
Major current projects
Private: Echo Investment – Esencja (residential) Skanska – Nowy Rynek (mixed use) Ataner – Towarowa 39 (residential) Marriot – Moxy airport hotel Konimpex – Mostowa 23 (residential) Duda Development – Fyrtel Wilda (residential) Colian – Goplana (mixed use) BPI – Vilda Park (residential) Municipal: Construction of two tramway lines: one to Naramowice (approx. 3,5 km long) and the other to Falista St. (approx. 0,8 km long) Complex reconstruction of the historical building of the Palm House Further development of the P&R parking lot system Modernization of the Lake Malta recreational area
Financial resources (in PLN) for investment in each of the last five years
2018: 496 057123 PLN 2017: 439 779 198 PLN 2016: 585 930 519 PLN 2015: 770 352 872 PLN 2014: 305 232 189 PLN
The proportion of the city’s budget invested in projects for buildings in relation to other expenditure (in pct and PLN)
21,1% (929 159 112 PLN) of the city budget for 2019
How many projects does the city carry out using EU funds, and what is their value?
33 Projects in which the EU funds in worth of 659 300 065 PLN are used
How open is the city to outside investors? Does it offer special incentives and investment development programmes? What are they?
Values in the new city development strategy that we developed and adopted in 2017 are openness and co-operation. These are the guidelines for all activities undertaken by the city authorities. The Investor Relations Department provides complex services to investors of the priority sectors for the City of Poznan and is responsible for the promotion of the investment potential of Poznan, including urban properties. We provide investors with support under the one-stop shop formula: 1. Choice of investment location - A person dedicated to the project who assists throughout the investment preparation and implementation process - Providing necessary data about talent pool and city potential - Organising tailor-made meetings with the city authorities, university, real estate and HR industry representatives - Visiting the must-see places in Poznan 2. Preparation for starting a business. Employer branding - Gathering real estate offers meeting investor’s requirements - Support in obtaining necValues in the new city development strategy that we developed and adopted in 2017 are openness and co-operation. These are the guidelines for all activities undertaken by the city authorities. The Investor Relations Department provides complex services to investors of the priority sectors for the City of Poznań and is responsible for the promotion of the investment potential of Poznań, including urban properties. We provide investors with support under the one-stop shop formula: 1. Choice of investment location - A person dedicated to the project who assists throughout the investment preparation and implementation process - Providing necessary data about talent pool and city potential - Organising tailor-made meetings with the city authorities, university, real estate and HR industry representatives - Visiting the must-see places in Poznań 2. Preparation for starting a business. Employer branding - Gathering real estate offers meeting investor’s requirements - Support in obtaining necessary administrative decisions - Providing conference rooms for recruitment and training needs - Joint promotion of the project in the local environment - Creating a positive image of your company as an employer - Bespoke solutions to attract the best employees for our companies 3. Support in on-going activities - Scholarships for interns - Joint CSR activities organized with the City of Poznań - Initiatives enhancing Poznań labor market: The BPO/SSC Week, #pozitive.technologies conference, promotion of German language among children and students * promotion of German language – campaing in Poznań trams and busses (on advertising screens); in the animation we show that the Poznań dialect and the German language are quite similar, to encourage residents to learn German * The BPO/SSC week – promotion of the companies from the business services sector in high schools (classes/workshops for pupils and open days in Poznań companies)
Which factors make the city attractive to invest in? What is the potential of the city? (location, infrastructure, proximity to expressways connecting, human capital)
* An attractive location, halfway between Berlin and Warsaw, * Good road infrastructure: A2 motorway connection with urban road network and international airport, * Absorptive local market: The Poznań agglomeration includes over 1 million inhabitants, * Very good infrastructure for business-related services, * A high quality labor market, favourable investment and socio-political climate, * Particular concern for environmental protection. Investor recruitment strategy for the City of Poznań has established two goals: * Obtainment of new and support for current investors in branches generating a high positive value, *Generation of demand for educated and well-paid employees in a knowledge-based economy. The priority investment sectors for Poznań are: * Technologically-advanced production, * Business Process Outsourcing (BPO), * Research and Development, * Conference and exhibition activities, * Recreation and entertainment infrastructure.
Which major real estate investors have decided to invest in the city in 2019? Who are the potential investors in the city?
The major RE Investors who decided to Invest in Poznań in 2019 are: Robyg Colian Echo Investment Budimex Monday Development The potential investors are: Skanska Echo Investment Panattoni
How good is the zoning plan coverage?
47% of the city is covered with zoning plans.
What is the waiting time for building permits?
65 days. The waiting time is often significantly shorter. In the 2019 ranking by Polish Association of Developers Poznań took 1st place for the 3rd time in a row. The criteria were the waiting time for land development decision and building permits, as well as the zoning plan coverage.
Why does the city deserve the award? (please stress the most important factors that make the city friendly to investors)
Poznań is one of the biggest cities in Poland and also a perfect blend of highly skilled workforce, high level of education, high density of economic entities and superb location. Poznań has been a strong economic center for years. The lowest ever unemployment rate of 1,1% confirms a very dynamic development of the city. The city authorities put a lot of effort into attracting new investors and strongly support them in their activities (under the one-stop shop formula). Investment potential of Poznań is one of the biggest cities in Poland and also a perfect blend of highly skilled workforce, high level of education, high density of economic entities and superb location. Poznań has been a strong economic center for years. The lowest ever unemployment rate of 1,1% confirms a very dynamic development of the city. The city authorities put a lot of effort into attracting new investors and strongly support them in their activities (under the one-stop shop formula). Investment potential of Poznań is confirmed by numerous awards: • Poznań has been placed second in the Forbes ranking "Business Friendly City" two times in a row, • Poznań was awarded the first prize in category: The city - the best location for the business service sector in Outsourcing Stars 2018 competition organized by the Pro Progression Foundation (The competition has continuously been organized for six years now, with Poznań winning the first prize in the category 5th time in a row), • In the prestigious ranking “Emerging Europe Leaders' Meeting & Awards 2019” City of Poznań won the second place in the category "City FDI Promotion strategy of the year". Poznań was also awarded the title of "Business Friendly City - Local Authority Support" - the jury appreciated the support of local authorities for gaining new investments and business development. The City of Poznań took 1st place for the 3rd time in a row in the ranking by The Polish Association of Developers for its business-friendly attitude. The city authorities strongly promote its strategic investment areas totalling approx. 200 hectares in the city center and its proximity – a very rare asset offering perfect conditions for further development . The flagship example is the Wolne Tory project. https://www.youtube.com/watch?v=dqs_RS7kvBY