Polish Prime Minister’s Property Portfolio: A Comprehensive Look

Polish Prime Minister’s Property Portfolio: A Comprehensive Look

Unveiling the Prime Minister’s Property Portfolio

Polish Prime Minister Mateusz Morawiecki and his wife, Iwona Morawiecki, have managed properties estimated at nearly 120 million zlotys over recent years. These properties, largely located in Lower Silesia, range from agricultural land to multi-storey commercial spaces and apartments. The couple entered into a property division agreement on December 20, 2013, enabling the Prime Minister to omit the properties owned by his wife from his asset declarations.

Details of the Property Division Agreement

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The properties that were transferred to Iwona Morawiecki under the 2013 agreement include a plot of land in the Wroclaw district of Oporów, a multi-storey commercial space, two apartments in Wroclaw, a plot of agricultural land in Żerniki Wrocławskie, and another plot of agricultural land in Konary-Łęg in the Mazowieckie Voivodeship. They initially estimated the value of these properties at 16 million zlotys, but today these assets could be worth as much as 96 million zlotys, according to property valuation experts.

Second Property Division and Current Worth

In March 2015, months before the victory of the PiS party in the elections, the Morawiecki couple divided their joint property again. As a result of this new arrangement, a luxury villa in the Warsaw estate of Marina Mokotów, worth at least 10.5 million zlotys today, was transferred to Iwona Morawiecki.

Justifying the Property Transfers

Prime Minister Mateusz Morawiecki has explained that he transferred part of the property to his wife because she conducts business activities related to property trading. He stated that he did not want to have anything to do with business activities or investments and that all income-generating properties were taken over by his wife.

Property Sales and New Purchases

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Since the 2013 property transfer, Iwona Morawiecki has managed to sell some of the properties, sometimes at a large profit, although there have also been transactions where she incurred significant losses. It was noted that one property was sold far below its value. Iwona Morawiecki has also made new purchases, investing the money from the sale of Lower Silesian properties in new purchases in the capital and by the sea. For example, in August 2016, she bought a 63-square-meter apartment in Warsaw, which is worth 1 million 250 thousand zlotys today.