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For the first time, our association is inviting its members to take part in a study trip to Poland, exploring the dynamics shaping the real estate market of this major capital in Central and Eastern Europe. For Romain Muller, this trip aims to inspire members while offering them the opportunity to expand their network, opening the door to new perspectives. The President of LuxReal tells us all about this first international study trip.

Why was Warsaw chosen as the first destination?

Romain Muller: Over the past two decades, Warsaw has emerged as one of the most dynamic economic hubs in Central Europe. Since the early 2000s, the city has undergone rapid transformation, driven by sustained growth in its tertiary sector. Today, it hosts a wide range of back-office functions and has become a strategic hub, particularly in IT support, for many European companies, including those based in Luxembourg.

These economic ties further reinforce the relevance of this destination.

Beyond the figures, it is the city’s trajectory that stands out, its ability to position itself in future-oriented sectors, attract international investment, and anticipate major challenges, such as the impact of artificial intelligence on employment and business organisation.

Can parallels be drawn with Luxembourg?

Romain Muller:  Warsaw has distinguished itself through impressive growth, supported by a strong vision, ambitious planning and effective governance. It has quickly positioned itself as a key location for major international groups, particularly through the establishment of large-scale centres of excellence.

Like Luxembourg in Western Europe, the city is characterised by its international outlook and cultural diversity — both key drivers of its attractiveness.

However, the size of the two cities is hardly comparable…

Romain Muller: Warsaw and its metropolitan area have a population of around 2 million, compared to nearly 690,000 in Luxembourg. Despite this significant difference in population, both territories had a comparable stock of office space in the early 2000s.

From the 2010s onwards, however, this stock grew significantly faster in Warsaw, now reaching around 6.2 million square metres, compared to nearly 5 million in Luxembourg. What is particularly interesting to analyse are the dynamics that have driven these developments.

From an architectural standpoint, as well as in construction, there are undoubtedly many ideas to draw inspiration from.

What can participants expect from the trip?

Romain Muller:  The study trip will take place over two days, on 17 and 18 September, in a deliberately compact format designed to balance depth of content with professional constraints.

The programme, currently being finalised, will include several key highlights:

• visits to flagship real estate developments,
• meetings with key local market players, including specialised law firms,
• workshops aimed at understanding the specificities of the Polish market,
• as well as institutional meetings, including, subject to confirmation, the Mayor of Warsaw and the Luxembourg Ambassador.

Beyond the content itself, the objective is also relational: to encourage exchanges between members, build lasting connections, and open up new collaboration opportunities.

Interested in joining this study trip?

Members wishing to receive further information or express their interest are invited to contact LuxReal at info@luxreal.lu.

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