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Warsaw Office Market Prepares for Rising Rents

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As of the end of 2023, Warsaw remains the leader on Poland's office market, but 61,000 sqm (-74% y/y) completed in the last 12 months was one of the lowest results in its history....
Daniel Czarnecki Savills

Warsaw office market facing supply challenges and evolving occupier needs

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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...
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High demand and low supply of corporate bonds in the second half of 2023

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Even though it's only the beginning of December, in the second half of this year, corporate bond issuers have conducted public offerings worth over PLN 800 million, with investors subscribing for a total of...
Jan Szulborski

Polish Office Market Summary Q3 2023: Developer Activity Slowing, Tenant Activity High, Vacancy Near...

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The international consulting firm Cushman & Wakefield has summarized the third quarter of the office market in Poland. Both in Warsaw and in regional markets, a consistent decrease in developer activity can be observed....
office real estate

Polish Office Market: Supply Slowdown Continues, Tenant Activity Remains High

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The international advisory firm Cushman & Wakefield has summarized the third quarter of the office market in Poland. In both Warsaw and the regional markets, a consistent decline in developer activity can be observed....
Daniel Czarnecki Savills

Development activity on the Warsaw office market gradually recovers amid falling vacancies

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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....
warszawa

Optimism in Warsaw despite a supply gap

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Despite a supply gap and a low level of new completions (18,700 sqm in H1), there is a lot of optimism in the capital’s office market. Over 230,000 sqm is scheduled to be delivered...
warszawa

Office supply to shortly bounce back in Warsaw

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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...
warszawa Fot Walter Herz_

ESG solutions gain importance – Newmark Polska summarizes Q3 on the Warsaw office market

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The Warsaw office market registered a minor uptick in vacancy rate and a constrained development pipeline during the third quarter of 2022, reveals real estate advisory firm Newmark Polska in its latest report “Office...
Warsaw Financial Center (1)

Investors feel safe again in Poland

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The total volume of investment transactions in H1 2022 amounted to almost €2.9 billion, which was more than 40% more than in the same period last year. The high value of investments demonstrates investors'...
Wieża Warsaw Spire – Warszawa (2)

Warsaw office market with good prospects for the future

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There are over 370 thousand sq m. of office space under construction  in Warsaw. They are to be commissioned in the period between 2021 and 2024. This is less than half of the offices...
Bartłomiej Zagrodnik, Managing Partner at Walter Herz

Commercial real estate in Poland with the highest popularity in Central and Eastern Europe

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Most of the capital invested in commercial real estate in Central and Eastern Europe in the first half of this year went to Poland. The forecasts for the domestic investment market are very optimistic In...
Jakub Potocki, Senior Negotiator, Office Agency, AXI IMMO

Relative tranquillity on the office market in Poland

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The condition and mood of the office market in Warsaw and eight major regional markets (Kraków, Wrocław, Tricity, Poznań, Łódź, Katowice, Lublin and Szczecin) after the first half of 2021 register a visible slowdown...
Warszawa

All in one – the direction for the development of investments in the commercial...

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Modern mixed-use complexes, open to social interactions and meeting local needs, which today are winning over traditional office buildings, set the direction for the development of investments in the commercial sector Pandemic, transport restrictions and...
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The Warsaw UNIT construction is completed

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After 48 months construction of Warsaw UNIT has ended. The Ghelamco's newest skyscraper has already got the occupancy permit. First tenants will be moving in soon. 57 thousand sq.m. of modern office space on 45...
Varso Tower Warszawa

Warsaw with the tallest tower in the EU, regions with new records

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In the largest cities, we can observe the implementation of spectacular office projects. Completion of some investments affects the classification of the tallest buildings in Poland The most spectacular projects can be seen in Warsaw....
Bartłomiej Zagrodnik, Managing Partner at Walter Herz

The pandemic did not stop the office market. High activity of developers in 2020

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Despite its unique nature, 2020 brought twice as many new offices in Warsaw as the previous year. Thanks to the high activity of developers, there is already a total of over 12 million sq...
Martin Lipinski

Over a million sqm of office space to let in Poland

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During the first nine months of 2020, developers completed over 530,000 sqm of office space in Poland: 231,600 in Warsaw and 305,000 sqm in eight major regional markets (Kraków, Wrocław, Tricity, Poznań, Łódź, Katowice,...
Wiecha na Warsaw UNIT_1

Warsaw UNIT is scratching the sky – the building reached almost 200 meters high

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Construction works on the concrete structure of Warsaw UNIT have ended and the building has been symbolically topped out. Ghelamco’s skyscraper is now nearly 200 metres high (precisely 196,4).  Warsaw UNIT is the highest among...
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#property4heroes – 970 meals a day for healthcare workers from property market leaders

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A group of biggest commercial property market leaders are supporting the personnel of 11 hospitals and medical centres across Poland through daily deliveries of meals. The #property4heroes initiative is an expression of gratitude from...
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Polish companies becoming increasingly aware of cyber threats associated with AI

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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

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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

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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...

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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

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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...