Tag: Wrocław
Mex Polska records a sharp increase in net profit and EBIT in the first...
Mex Polska, a company listed on the Warsaw Stock Exchange, reported satisfactory financial results for the first half of 2023 despite challenging market conditions. From January to June, the Group's net profit amounted to...
Warehouse supply in Poland hits an all-time high
A record 2.6 million sq m of warehouse and industrial space was delivered across Poland in the first half of 2023 amid clear signs of new-build construction slowing down. The Polish industrial and warehouse...
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...
Total warehouse and industrial stock in Poland exceeds 30 million sqm
According to the “Occupier Insight – Industrial and Warehouse Market in Poland H1 2023”, a report prepared by real estate advisory firm Newmark Polska, in the second quarter of 2023, the total warehouse and...
Polish investment market in slow motion
The current results may not appear very optimistic at the moment, but this is only a temporary situation. Polish real estate market has a solid foundation, and investors have proven to be highly adaptable,...
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...
Flex office stock grows not only in large cities
Flexible workspaces are going like hotcakes. Companies are enquiring about them in all large cities, but not only there. Serviced offices are also in demand in smaller towns, says Joanna Bartoszewicz, Senior Advisor, Office...
Difficulties in finding vacant office space?
In the first quarter of 2023, developers focused on regional markets. Kraków, Wrocław, and Tri-City have been enriched with new office spaces. Meanwhile, no new office buildings were built in Warsaw. Current interest from...
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...
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...
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...
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...
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...
What lies ahead for PRS in Poland?
Like years ago, the Polish Private Rental Sector is going through a blooming time as each commercial real estate sector segment. It requires a unification of offers, greater standardization of available space, and self-professionalization....
Speculative construction is a good signal for the market
The industrial market is transforming at high speed. Although development activity appears to have somewhat slowed down, occupier demand remains strong. This is set against the background of very low vacancy rates which are...
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...
The boom, keep it going! Warehouse market with a record number of projects under...
The warehouse sector remains in good shape after the first half of 2022. The market continues to see high tenant activity (3.7m sqm; +12% y/y), generated mainly by e-commerce, retail chains, and logistics companies....