Tag: Walter Herz
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...
Real estate will maintain the status quo Forecasts for commercial real estate market in...
In 2023, Polish investment market, like foreign markets, saw low investor activity. The value of investment volumes in all real estate sectors was much lower than in previous years. Investors are waiting for an...
Offices are becoming increasingly popular
Interest in leasing offices is growing. In the third quarter, both in Warsaw and on the regional markets, the demand for office space was the highest this year. In the regions, 2023 will close...
Polish Real Estate: Investors Hunt for Opportunities and Value-Add Assets
Investors are looking for market opportunities and value-add assets. Companies are optimizing their portfolios by putting up for sale properties that do not fit their new investment strategies.
This year, interest in the Polish investment...
Expo Real 2023 – Seeking investments with the potential to increase value
For many real estate market leaders among the over 40,000 participants of Expo Real 2023 who came to Munich from 70 countries to take part in the largest industry event in Europe, it was...
A strong control of finances is visible on the office market in Cracow
According to Walter Herz’s latest research on the Cracow office market, one of the main criteria for choosing office space in Cracow are the financial terms, which next to the location and access to...
Office market in the optimization phase
There are more and more vacant office spaces on the regional markets. In Warsaw, despite the decline in demand, the availability of offices is getting smaller.
– Companies continue to adapt offices to the commonly...
Tenants balance between costs, standard and location of the office
When choosing an office, the location is crucial, the costs related to maintaining workplaces are becoming increasingly important for companies, while ESG-related matters are of little importance to them - these are the main...
New capital flowing into Poland aims at cheaper assets
This year, we can observe a decrease in investor activity in the commercial real estate sector throughout Europe. The value of the investment volume in the first quarter of 2023 decreased in Poland by...
Office market is drifting in calm waters
Demand in Warsaw is declining, but remains at a good level in the regions. The low activity of developers and the lack of new offices are starting to bother tenants looking for space in...
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...
Demand for Warsaw offices remains at the level we saw during the market boom
In 2022, the demand for offices in Warsaw exceeded 860 thousand sq m. The highest activity of tenants was visible in the first and last quarter of the last year. Traditionally, most offices in...
Investments in hotel real estate are slowly recovering
The volume of investment transactions recorded in the hotel sector on European markets in the first half of 2022, reached similar level to the last year's. The UK remains the most active market, followed...
Retail parks are going for it
This year’s increase in supply and the value of transactions in the retail sector in Poland have a chance to exceed last year's levels.
Despite the deteriorating market conditions, 2022 will probably be another year...
Investors on the starting blocks
Real estate market is not indifferent to world events and changes in the global economy. The mood among the participants of European industry meetings, including another edition of the international fair Expo Real in...
Retail is going local
Retail parks are growing in smaller towns, mixed-use facilities and new residential estates provide commercial space in large cities.
Although shopping malls are busy again with crowds of customers, especially on weekends, stationary retail is...
Offices are getting more and more expensive and there is no shortage of demand
Rent and maintenance charges are rising, lease periods are being prolonged, and contracts are subject to higher and higher annual indexation of rates. Nevertheless, offices in all markets in Poland still enjoy record-high popularity.
Observation...
Investors are redefining strategies
In the first half of the year, investors were as eager to locate capital in Central and Eastern Europe as in Western real estate markets. However, global economic changes and the uncertainty they bring...
There is a battle for investments in Europe. Do we have a chance to...
Poland has every chance to become the largest beneficiary of the global economic transformation in Europe. We are more cost-effective than Western countries, we have good transport infrastructure and storage facilities, as well as...
Warehouses are at a premium
The record demand for warehouse space, reported last year, continues. There are no vacant warehouses, despite the fact that the largest amount of logistics space in the history of our market is currently under...