Is conversion of shopping centres a remedy for the housing shortage?

The slowdown in housing investments observed recently, and the influx of refugees caused by the ongoing war in Ukraine have increased an already large hole in the Polish housing market. Among many solutions, the conversion of shopping centres into residential buildings is considered.

Demolition of underused or underperforming shopping centres is just one way of dealing with such properties. Investors are urgently seeking alternative solutions. One of the options is to convert a shopping centre for housing. Such conversions vary in scope. Sometimes they involve demolition of parts of existing buildings. Often they are carried out as more or less advanced reconstructions.

Is conversion of shopping centres a remedy for the housing shortage?

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Read #MORE in the article prepared by MDDP and Osborne Clarke experts: Rafał Kran and Piotr Brzózka:

https://bpcc.org.pl/is-conversion-of-shopping-centres-a-remedy-for-the-housing-shortage-1/.