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Daniel Czarnecki Savills

Warsaw office market facing supply challenges and evolving occupier needs

Only 60,900 sq m of office space was completed in the Polish capital in 2023, the lowest total in the history of the Warsaw office market. Real estate advisory firm Savills also notes that...

Polish office market – summary of 2023 and outlook for 2024

Following - supply gap, stable quarterly take-up, remote working in the Labor Code, prop-tech, ESG, and demolition - Poland's largest advisory firm, AXI IMMO, presents six key trends on the Polish office market with...
Kamil Kowa, a member of the Savills board in Poland

Commercial Real Estate Market – Summary of 2023 and Forecasts for 2024

The consulting firm Savills has provisionally summarized the year 2023 and outlined forecasts for the most important trends. In the near future, the commercial real estate industry in Poland will face the challenge of...

Flex office stock grows not only in large cities

Flexible workspaces are going like hotcakes. Companies are enquiring about them in all large cities, but not only there. Serviced offices are also in demand in smaller towns, says Joanna Bartoszewicz, Senior Advisor, Office...

Office market in Warsaw Q1 2023

No new office completions were noted in Warsaw during the first quarter of 2023, with office take-up falling by 40%. Key challenges facing office tenants hoping for an economic turnaround, as forecast by real...
Bartosz Oleksak

High demand in a time of the supply gap

2022 was a good, strong year on Poland's office market. After a downturn, it was time for a long-awaited boom in demand. Companies have adapted to new working conditions. Due to the loosening of...
Bartosz Oleksak, Senior Negotiator, Office Agency, AXI IMMO

The supply gap and what’s next? Is the Polish office market facing changes?

The third quarter of 2022 completes the dynamic new supply period observed on the Polish office market in recent years. Between January and September 2022, developers delivered 39 new investments, which increased the sector's...
Jarosław Pilch Workthere Savills

The world’s most expensive flexible office locations

New York and San Francisco have emerged as the most expensive flexible office markets worldwide, while Berlin is one of the fastest-growing European markets, according to Workthere, a flexible office listing platform launched by...
Bartłomiej Zagrodnik, Managing Partner at Walter Herz

2022: The office market in transition

In the upcoming time, modern workplaces, full of new technologies and creating a friendly environment for users, will gain more and more importance. Office buildings operating in accordance with ESG principles, new environmental, social...
Martin Lipinski

In 2020, the office market has passed the test of confidence

The spread of the hybrid model of working, fast-tracked digitalization of business processes, combined with increased awareness about the importance of employee well-being are the main trends that shaped the office market in Poland...
Rajska-Wolinska Monika Colliers

Megatrends are changing the Real Estate Market

Digitisation and automation, flexibility, and changes in the nature of business processes caused by emerging technologies – these are only a few of the megatrends affecting the real estate market. For many companies, the year...
Tomasz Buras, CEO, Savills Poland

Savills presents a preliminary summary of 2020 and forecasts property market trends for the...

2020 has been dominated on the commercial real estate market in Poland by the pandemic, whose impact varied from sector to sector though. The pandemic has, however, given rise to or accelerated a number...
Renata Hartle, Flex Office Strategy & Technology Solutions Manager at Colliers International

Strong recovery in flexible workspace demand forecasted in EMEA region

- Research by Colliers International found that most new flexible workspace was established in markets with low saturation during H1 2020 - EMEA markets with low levels of existing flexible workspace have seen the greatest...
Monika Rajska Wolińska Colliers

Remote working is here to stay, but it will not replace offices

When the pandemic was announced in mid-March in Poland, companies had to switch to home office overnight. Remote working has become the dominant model of functioning in most companies in our country and worldwide....
Paweł Skałba, Senior Partner and Director of the Office Agency at Colliers International

Warsaw leads the region. The largest number of offices in Central and Eastern Europe...

We expect that a fair amount of market activity in 2020 will come from lease renegotiations and renewals as opposed to new and pre-lease transactions. We might record more sub-leases being offered if companies...
Monika Wakulska, Associate Director, Landlord Representation, Office Agency, Savills

First symphtoms of Covid-19 impact on the Warsaw office market

The coronavirus pandemic has had a relatively benign effect on the Q1 2020 Warsaw office market figures, according to the latest Savills research. However, tenants already started to optimize costs which soon may increase...
Wioleta Wojtczak, Head of Research at Savills Poland

Business uncertainty driving European occupiers to fringe locations, flexible offices and development opportunities

European office take up is forecast to reach 9.2 million sq m by the end of 2019, down marginally by 4% from 2018’s end year volume, according to Savills latest research. A shortage of...
food court

The condition of the gastronomy sector in Polish shopping centres

Shopping centres, which are an integral part of Polish people’s lifestyle, are evolving with demographic, cultural and economic changes. In the past five years, food zones in about 50 shopping centres have been expanded...
Adam Pustelnik, Associate Director, Business Development Manager, Savills

Savills: Łódź sees a crop of new office buildings

Łódź is one of Poland’s eight core regional office markets. Its total office stock is set to surpass 500,000 sq m in H2 2019, placing the city almost on par with Katowice and Poznań,...

Warsaw is still breaking office supply and demand records

The Warsaw office market is changing at a rapid rate. According to the latest Colliers International report – Guide to Warsaw Office Zones, over 500,000 sq m of office space has been delivered to...

Polish companies becoming increasingly aware of cyber threats associated with AI

Artificial intelligence (AI) can be used both for cyberattacks and for defending against them. According to a study by EY - "How Polish Companies...
Anna Głowacz, Head of Industrial Agency, AXI IMMO

Poland’s Industrial Market in 2023 – slower, but not weaker

After the very successful years of 2021 and 2022, known as the golden period of development of the industrial market in Poland, 2023 was...
Anna Głowacz, Head of Industrial Agency, AXI IMMO

Polish industrial market 2023 overview and outlook for 2024

Poland's industrial sector slowed in 2023, but the market hopes to rebound in 2024. After the peak of take-up and supply in the so-called...


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XTB siedziba

XTB shatters records in 2023 with a PLN 791.3 million profit...

312,000 new customers acquired in 2023, over 77,000 in Q4 alone A 51.0% increase in the number of active customers to 408,500 Q4...
Ben Laidler, eToro’s Global Market Strategist

The strange anatomy of global debt

DEBT: Global debt trends matter and the current levels are eye-poppingly high. However there are big differences across the segments of governments, companies, or...