Tag: Wave
Warsaw office market facing supply challenges and evolving occupier needs
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...
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...
Polish Hotel Market on the Rise: Demand, KPIs, Modernization, and ESG
Based on the latest Trends Radar report "Real Estate on the wave of change" prepared by the international consulting agency Cushman & Wakefield, the hotel market in Poland is recording consistent increase in demand...
Poland’s Central Bank Pushed Back Prospect of Rapid Rate Cuts, China’s Deflation, and Cryptocurrency...
The President of the National Bank of Poland's conference has pushed back the prospect of rapid interest rate cuts in Poland. In China, deflation was recorded in both consumer and producer prices. The cryptocurrency...
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...
Supreme Court Ruling on Shared Costs in Shopping Malls a Breakthrough for Tenants
The latest Supreme Court ruling regarding shared costs is groundbreaking and revolutionary for tenants in shopping malls. The Supreme Court has found that disproportionate allocation of shared costs constitutes an act of unfair competition....
Biophilia: Why Do We Need Nature in Our Cities?
Biophilia, or the instinctive positive reaction to contact with nature, causes humans, even living and working in cities, to seek green surroundings. This has been confirmed in numerous scientific studies comparing people's reactions to...
The Baltic Sea will become Poland’s wind sea
Wind energy, currently providing around 2% of electrical energy, is a global leader in green solutions and is developing much faster than traditional energy technologies and other renewable energy sources. One of the most...
EU Building Renovation Wave: Market Factors Driving Change, but Uncertainty Remains
Up to 75% of existing buildings in the European Union are energy inefficient and, according to EU regulations, will require renovation. Furthermore, the EU states that the pace of property modernization should be twice...
Social Media Users Targeted in New Wave of Cyber Attacks
Many social media users are being forced to deal with account deactivations, total deletions, and theft from linked payment cards as a new wave of cyber attacks are sweeping across social media. Cybercriminals are...
Strong Dollar and Falling Indices as JOLTS Survey Shows Strength of Job Market
The JOLTS survey showed the strength of the job market. The number of vacancies rose to over 9.6 million, which turned out to be higher than expected. The dollar strengthened and the yields on...
RPP’s Decision on Interest Rates. What Awaits the Zloty?
The dust still hasn't settled after the last decision by the Monetary Policy Council (RPP), which brought an unexpected cut of 75 basis points. A month ago, artificially imposed conditions necessary for a cut...
Bitcoin and Ethereum are growing, but the Fed and oil prices may have a...
Bitcoin has spiked late in the week after the US congress hashed out a deal to prevent a government shutdown.
Bitcoin saw a strong week of performance, beginning below $26,000 but rising steadily to spike...
Safe Loan 2% Program Boosts Polish Real Estate Market, but Banks Struggle to Keep...
"A revolutionary program, one of the best initiatives that the real estate market has experienced for years," admits Mirosław Król, a real estate market expert. A quarter has passed since the program came into...
Sport and eSports Attract Different Personality Types. Traditional Athletes are More Extroverted and Conscientious...
Polish scientists have proven that individuals engaged in different forms of competition - sports or e-sports - possess distinct personality traits. It turns out that those more conscientious and extroverted are more likely to...
September marked by stable consumer moods
In September this year, the consumer sentiment index remained at the same level as the previous month at -4.7. The persistent average score of -5 since May may indicate a lasting stabilization. These are...
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...
PRS sector with ambitious construction plans
The prolonging conflict in Ukraine (the refugee wave) and the significantly reduced credit scores increase the demand for renting apartments and thus, affect the development of the PRS market in Poland. The institutional rental...
The supply gap and what’s next? Is the Polish office market facing changes?
The third quarter of 2022 completes the dynamic new supply period observed on the Polish office market in recent years. Between January and September 2022, developers delivered 39 new investments, which increased the sector's...
Over 70% in EU support economic sanctions on Russia
Over 70% of people surveyed in the EU agree with the imposition of economic sanctions on Russia, with two-thirds feeling that more stringent sanctions should be imposed. Support for economic sanctions is particularly high...