CEE REPORT FLIPPING PAGES.pdf

Foreign Ownership Effect

FromMay 2016 EU citizens will be able to purchase agricultural land in Poland directly (corporare structures are the current preferred vehicles). There is currently much debate about how this may a#ect the market. Direct foreign land ownership has not created a huge barrier to Polish land buyers and post the ban it is unlikely that any major value adjustments will occur. Certainly there is likely to be an upsurge in interest for land as the perception from the market will be that barriers to entry have been lifted but the relationship between ease of transaction and value is not necessarily directly linked.

The fundamentals that drive land value aremore linked to SROLWLFV HFRQRP\ DQG WKH UXOH RI ODZZKLFK DUH OLNHO\ WR UHPDLQ FRQVLVWHQWO\ VWURQJ LQ 3RODQG 2Q D ORFDO OHYHO WKHUH LV DQ LQÁXHQFH RI IDUPHUV XUJHQWO\ ZDQWLQJ WR VHFXUH ODQG EHIRUH the ban is lifted.

CEE Land Market Brief 2014 15