Augustyniak, Hanna and Gajewski, Krzysztof and Łaszek, Jacek and Żochowski, Grzegorz (2012): Real estate development enterprises in the Polish market and issues related to its analysis. Published in: National Bank of Poland “Report on the situation in the Polish residential and commercial real estate market in 2011” (August 2012)
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Abstract
We analyse the real estate developer sector in Poland and explain how the housing construction process is financed. The main economic indicators that are used in the profitability analysis are explained in detail. Moreover, we analyse the real estate developer business plan and propose a model to analyse the housing construction process, focusing on the accounting of costs and profits.