Tag: Tricity
The office market is adapting to the new reality
Demand for offices remains high, but there is the least amount of space under construction in over a dozen years. The office real estate market is changing more and more.
Just four years ago, the...
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...
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...
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...
Tricity joins Poland’s Big Five logistics markets
It is high time that we redefined the term the Big Five – that is the core logistics markets in Poland. In practice, there are six: Warsaw, Upper and Lower Silesia, Central Poland, Poznań...
Primary market in Poland: Strong demand and declining supply drive prices up
The sale of new homes in Poland's seven largest markets in September 2023 amounted to 5,4 thousand. At the same time, property developers introduced 4 thousand units onto the market. Despite this being a...
Dom Development Group with quarterly sales at the level of 1081 units
In the third quarter of 2023, the Dom Development Group sold a total of 1,081 net housing units (compared to 703 in the third quarter of 2022), including 402 units in Warsaw, 374 in...
Apartment prices rose again. Further records were set in September
In September 2023, the average price per square meter of new apartments in Krakow crossed the threshold of 15,000 PLN, and in Warsaw, which did not ease up in the race for the title...
The supply of apartments is shrinking and prices are rising
In the largest cities, the availability of new apartments is dwindling, and the ones that remain are getting pricier. Experts from RynekPierwotny.pl and GetHome.pl have investigated whether there's a chance this trend could reverse...
Regional development activity pushes average vacancy rates up
New office supply in the first three months of 2023 totalled 68,100 sq m and was delivered in three cities only: Krakow, Wrocław and Tricity. According to international real estate advisory firm Savills, at...
Office market in the Tri-City is holding its breath
Optimization of the increasing costs of leasing offices by companies and operating costs by landlords, as well as a decrease in the supply of modern space, shape the dynamics of the office market in...
Polish warehouse market on track to reach 30 million sq m
In 2022, the Polish industrial and warehouse market maintained its solid growth momentum despite headwinds such as project financing constraints and rising occupancy costs. The expected decline in new supply and shrinking land availability...
2022 in the Polish warehouse market was expensive, and 2023 may be even more...
The Polish warehousing market in 2022 remained in good condition. By the end of December 2022, more than 4.4 million sqm (+42% y/y) of new space was completed, corresponding with strong activity by tenants,...
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...
PINK releases data on the office market in regions for 4Q 2022
Polish Chamber of Commercial Real Estate (PINK) has published figures summarizing office market in eight major regional markets in Poland (Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin, Szczecin) for Q4 2022. The data...
Regional cities overtake Warsaw office market
According to “Office Occupier: Office Market in Regions”, a report published by real estate advisory firm Newmark Polska, in 2022 Poland’s regional city markets overtook Warsaw in terms of total modern office stock. Their...
Supply of new warehouse and industrial space hits an all-time high
According to the “Occupier Insight – Industrial and Warehouse Market Q1-Q3 2022”, a report prepared by real estate advisory firm Newmark Polska, at the end of the third quarter, Poland’s total warehouse and industrial...
Office supply weakens across regional cities
According to “Office Occupier: Office Market in Regions”, a report published by real estate advisory firm Newmark Polska, vacancy rate held firm in Poland’s regional city office markets throughout the third quarter of this...
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...
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...
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...
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...
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...
