Tag: Wrocław
Property investment market in Poland. Q3 2024 report
Q3 2024 marked a significant resurgence on the market, with 30 transactions completed. By the end of September, the investment market reached €2.7 bn, reflecting an increase of 60% y-o-y. Following another interest rates...
Warehouse occupier activity gathers pace
According to the latest report “Industrial and Warehouse Market in Poland,” released by real estate advisory firm Newmark Polska, transaction volume in the first half of 2024 totalled more than 2.72 million sqm, up...
Poland’s industrial market is picking up again. Rebound in take-up with a high share...
The overall volume of lease transactions in the Polish industrial sector in H1 2024 was 2.7 million sq m. The result was primarily based on extensions, which accounted for around 40% of the contracts...
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...
Archicom’s shares return to the sWIG80 and sWIG80TR indexes
On December 15th, the quarterly adjustment of index portfolios was carried out, as announced by GPW Benchmark in their statement. As a result of the adjustment, Archicom shares will once again be included in...
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...
Industrial Market in Poland in Q1-Q3 2023
The Polish industrial and logistics market is transitional between economic shifts. Take-up for warehouse space declined primarily in the first half of 2023, with a resurgence in Q3, resulting in aggregate take-up for the first...
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...
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,...
Conditions for Exemption from Withholding Tax on Dividend Payments to Intermediaries
According to the "look-through approach" tax principle, a Polish company paying a dividend to a foreign company, which is not the actual beneficiary of the payment, may apply a favorable tax rate or even...
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...
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...
SatRev will launch a dedicated satellite for TelePIX in 2024
The Wrocław-based space sector company, SatRev, has signed a contract with South Korean company TelePIX. Under the contract, the company will develop a 10-kilogram 6U satellite carrying an onboard optical AI instrument from TelePIX....
SD Worx acquires Gavdi Poland
SD Worx, a Belgian-based payroll, HR, and tax services provider, has acquired the Polish market leader in SAP HR, Gavdi Polska, previously owned by Danish based Gavdi Group. Gavdi Polska, with headquarters in Warsaw,...
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...
Institutional rental market in Poland: Dynamic development despite adversity
Elevated interest rates, legislative changes, low availability of land, and stagnation and decline in rental prices are among the most frequently mentioned challenges identified by key market participants, which can significantly affect the budding...
Polish companies: competitive and growing, but facing a labor shortage
Domestic companies are becoming increasingly competitive on the global market, thanks in part to their family-oriented nature, and the commitment and high competence of their employees. "We are simply good and hardworking, and in...
Interest Rate Cut Favors Housing Demand, But It’s Not Enough
To what extent does the greater availability of loans translate into demand for housing? Has the interest rate cut led to increased investor interest in residential projects intended for institutional rental? How does the...