Polish developers record approx. 23 pct ROE from investment projects in Q4 2024 - c. bank
The estimated return on equity (ROE) of Polish real estate developers from investment projects in the fourth quarter of 2024 stayed flat in quarterly terms at around 23 percent, Poland's central bank NBP said in a report on the housing market for the period.
"The estimated return on equity of residential developers from investment projects had remained at around 23 percent. Its differentiation between markets has also been maintained," NBP wrote.
Poland's central bank reported that this level of ROE was influenced by the increase in housing transaction prices, outpacing the increase in the costs of housing producers, as well as by the sources of developers' financing (mainly own funds, customer prepayments and other liabilities).
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