Tag: Krakow
Data center market: No energy, no data
The Warsaw region is currently the largest data centre market in Poland. The capital is home to more than 50 server facilities and a key exchange point for internet traffic in the country. In...
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 a period of greater challenges due to a change in...
Service centres occupy over half and 45% of the office stock in Krakow and...
Although employment in the shared services sector is growing by the year, this has not led to stronger demand for office space. However, SSC/BPO/R&D centres remain key office tenants in Krakow and Wrocław. Warsaw...
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 COVID period falling in 2020-2022, the logistics and manufacturing market...
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...
Janusz Filipiak, CEO of Comarch, Dies at 71
Janusz Filipiak, CEO of Comarch, has passed away. The company announced the death of the entrepreneur in an official statement. He was admitted to the hospital in critical condition at the beginning of October.
"The...
Krakow cements its position on the office market with new office projects and stable...
According to the latest report from Newmark Polska, Krakow’s total office stock will surpass 1.8 million sqm in 2023, posting an annual growth of 5.5%. Occupier demand remains strong despite global economic headwinds. Krakow...
Nuclear Power Makes a Comeback in Europe
Russian aggression against Ukraine and the energy markets crisis have triggered a revival in nuclear energy, with many EU countries now planning to invest in this sector, including Poland. The country plans to build...
Warehouse Market Poised for a Change as Demand Eases and Supply Grows
By the end of September 2023, the warehouse market supply had reached 31.1 million sq. m., increasing by 13.4% over the year. Despite this, both developers in the case of new supply and tenants...
Increasing stability in the housing market, but supply shortages still present
In November 2023, developers operating on the 7 major markets introduced 6,400 flats for sale, an increase of 20% compared to October and over 200% more than in February when the lowest new supply...
Regional cities see demand for office space grow
New office supply reached nearly 236,000 sq m in Poland’s key regional cities in Q1-Q3 2023, says international real estate advisory firm Savills. Gross take-up for the same period amounted to over 531,000 sq...
Polish Office Market Summary Q3 2023: Developer Activity Slowing, Tenant Activity High, Vacancy Near...
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....
Polish Office Market: Supply Slowdown Continues, Tenant Activity Remains High
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....
Krakow: Active Investment Seeking Amidst Budget Deficit Challenges
Krakow is actively seeking new investments as the city embarks on several projects aimed at improving residents' quality of life. These initiatives span various sectors, including infrastructure, as evidenced by the construction of tram...
Commercial Real Estate Market in Poland
The market for commercial real estate in Poland has remained steady over recent months. Despite the fact that developers have put into use only about 43,000 square meters of new space, new brands continue...
The Housing Market in the Third Quarter: A Surge in Demand Meets Shrinking Supply
The third quarter in the housing market was characterized by a continuous decline in available listings, accompanied by a rise in demand. The result? Most provincial cities saw an increase in average listing prices,...
Polish Commercial Real Estate Market – Summary of the Third Quarter of 2023
The international advisory agency, Cushman & Wakefield, has summarized the situation in the commercial real estate market. By the end of the year, the sector may see an increase of approximately 200,000 sqm, with...
Murapol Group Results for Three Quarters of 2023
3,080 premises in 15 cities handed over to retail customers and for PRS - an increase of over 16% y/y.
Net sales to retail customers and for PRS at the level of 2,478...
Expansion of the A4 motorway connecting Kraków and Katowice approved
The Minister of Infrastructure, Andrzej Adamczyk, has officially approved the expansion program for a key section of the A4 motorway connecting Kraków and Katowice. This greenlights the commencement of preparatory works on this 60-kilometer...
Renting for a student – is it still a good prospect?
Students remain an important group of tenants for investors. We explore the prospects of renting apartments to young people.
Over the last several years, the significance of working immigrants as tenants of privately rented apartments...