{"id":1041,"date":"2019-07-30T10:32:58","date_gmt":"2019-07-30T10:32:58","guid":{"rendered":"http:\/\/ceo.com.pl\/en\/?p=1041"},"modified":"2019-07-30T10:32:58","modified_gmt":"2019-07-30T10:32:58","slug":"warsaw-with-the-smallest-number-of-vacancies-in-7-years-44800","status":"publish","type":"post","link":"https:\/\/ceo.com.pl\/en\/warsaw-with-the-smallest-number-of-vacancies-in-7-years-44800\/","title":{"rendered":"Warsaw with the smallest number of vacancies in 7 years"},"content":{"rendered":"

In the first half of the year, the demand for Warsaw offices was five times larger than the new supply.<\/strong><\/p>\n

Warsaw office market, for another year in a row, sees exceptionally good results when it comes to demand for space. In the first half of the year, over 400 thousand sq m. of offices have been leased by tenants. It\u2019s slightly less than last year, when the market absorption in the first six months of the year reached the level of 440 thousand sq m. and it was the largest in history. According to Walter Herz analysts, the results suggest that also this year the volume of transactions in the office segment will reach a record high.<\/p>\n

\"Bart\u0142omiej
Bart\u0142omiej Zagrodnik, Managing Partner at Walter Herz<\/figcaption><\/figure>\n

– Office market in Warsaw is experiencing its best time. Companies’ interest in leasing large space, translated into very good results in the first half of the year. Offices located in the city center and its vicinity, where the most space has been leased in recent months, are particularly popular. Interestingly, access to vacant offices in the capital city center is the smallest in Warsaw. In the city center, the vacancy rate exceeds only 5 per cent. – says Bart\u0142omiej Zagrodnik, Managing Partner at Walter Herz. – At the same time, this is the area that is developing the most today. It offers a large selection of top-class space in buildings remaining under construction. However, high absorption on the market means that half of the offices have already been leased in investments which are to be delivered at the end of next year – informs Bart\u0142omiej Zagrodnik.<\/p>\n

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