Tag: Daniel Czarnecki

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...

Office availability on the Warsaw office market is shrinking, with the vacancy rate for the whole city down to 10.6% and to just over 9% in the centre, says real estate advisory firm Savills....

The Warsaw office market is seeing signs of upcoming renewed development activity, says real estate advisory firm Savills. Three new office buildings were delivered in the first half of 2023, but a significant increase...

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...

According to real estate advisory firm Savills, development activity has cooled dramatically on the Warsaw office market. There is currently close to 230,000 sq m under construction, of which just over 115,000 sq m...

In the first half of 2022, office take-up in Warsaw hit a record high of 479,400 sq m, representing a year-on-year increase of 94%. Savills forecasts that the growing undersupply of office space will...

The Warsaw office market is showing signs of a long-awaited recovery, says real estate advisory firm Savills. Office take-up hit 273,200 sq m in the first three months of the year, which were one...

Over the year, since the Covid-19 pandemic arrived in Poland, the Warsaw office market has seen a marked decrease in occupier demand and office stock under construction amid rising vacancy rates. Although the past...

In 2020, office take-up hit its lowest level in ten years amid pandemic headwinds despite the largest-ever single lease contract signed to date and one of the highest volumes of new office space coming...

Almost 800,000 sq m of office space is currently under construction in Warsaw of which approx. 55% will be delivered in 2020, according to the latest Savills research. Capital city of Poland continues to...

The Warsaw office market has posted the best quarterly performance ever, says real estate advisory firm Savills in its latest report. The past three months witnessed, among other things, the signing of the largest...