The conference was inaugurated by a solemn address held by the Rector of the Poznań University of Economics, the PhD Maciej Żukowski and in the following lecture fifty years of the Investment and Real Estate Faculty's history were presented. The special lecture was held with participation of the PhD Marek Bryx of the Warsaw School of Economics.
The participants represented numerous Polish university schools, firms and institutions related to the real estate sector. On behalf of the Poznań City Hall the Deputy Mayor Bartosz Guss and the Director of the City Planning and Architecure Department Piotr Sobczak were present.
Based on the statements of the lecturers one can make certain characteristic of the real estate market. Because of its diversity there are neither development- nor location-related limitations, however it is necessary to consider it regarding local peculiarities.
The speakers came to a conclusion that the financing of the private investments, mainly in the residential sector, is well organized. On the other hand the financing of the institutional investments is in a worse condition, partly due to the necessary amount of money that exceeds massively the expenses in the private sector, and therefore needs improvement.
According to the speakers the cooperation of the local authorities with the investors should start at the very beginning of any project. A representative of one of the local property developers suggested the municipal plans concerning the development of the infrastructure (public transportation, sewage system, water pipelines etc.) should be made public to enable the developers to plan their investments accordingly, to avoid unnecessary social and environmental costs resulting from the lack of infrastructure, and to optimize their location.
The representatives of the local authorities pointed out that the zoning tools are outdated and suggested they should be adapted to the present circumstances. The conference was a great success, the sign of which, considering the peculiarity of the discussed topics, was a relatively high number of around 200 participants.