WARSAW, Nov 16 (Reuters) - Poland's top refiner PKN (PKNA.WA: Quote, Profile, Research) said on Friday in its five-year strategy it planned its EBITD

The property market in Poland is a "secure" place for investment and is the strongest market in Eastern Europe, an industry expert has said.

According to Davidoff Kleeberg & Maresch (DKM), due to the local house buying culture in the country, the market is especially competitive giving it fantastic potential in the long-term.

"Rather than [investing at] grass roots level in Bulgaria or Romania, I'd rather come in at the second tier or third tier in Poland – you'll still do better with your money and have a much stronger investment," said Richard Davidoff, partner at DKM.

He added that the first and second tier locations such as Krakow, Warsaw, Wroclaw and Lodz are "becoming popular", with investments guaranteed to "do very well" in these cities.

The GDP in Poland grew last year by 5.3 per cent, with its European Union membership in 2004 boosting foreign investment and interest in the country.

Source: holidaylettings.co.uk