{"id":248,"date":"2017-03-29T19:22:52","date_gmt":"2017-03-29T19:22:52","guid":{"rendered":"http:\/\/ceo.com.pl\/en\/?p=248"},"modified":"2017-03-29T19:22:52","modified_gmt":"2017-03-29T19:22:52","slug":"krakow-wroclaw-tri-city-take-lead-office-market-regions-95185","status":"publish","type":"post","link":"https:\/\/ceo.com.pl\/en\/krakow-wroclaw-tri-city-take-lead-office-market-regions-95185\/","title":{"rendered":"Krakow, Wroc\u0142aw and the Tri-City take the lead on the office market in the regions"},"content":{"rendered":"<p><strong>Nearly half a million square meters of modern office space was delivered to the office market in the key regional cities<\/strong> i<strong>n 2016. The leader\u2019s position was retained by Lesser Poland\u2019s capital, followed by, amongst others, Wroc\u0142aw and the Tri-City. According to the report\u2019s authors at BNP Paribas Real Estate Poland, current pipeline projects will also support the high growth dynamics in 2017.<\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ceo.com.pl\/en\/krakow-wroclaw-tri-city-take-lead-office-market-regions-95185\/#Krakow_leads_the_pack\" >Krakow leads the pack<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ceo.com.pl\/en\/krakow-wroclaw-tri-city-take-lead-office-market-regions-95185\/#Opportunity_for_Lodz\" >Opportunity for \u0141\u00f3d\u017a<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ceo.com.pl\/en\/krakow-wroclaw-tri-city-take-lead-office-market-regions-95185\/#Vacancy_rate_on_the_rise\" >Vacancy rate on the rise<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Krakow_leads_the_pack\"><\/span>Krakow leads the pack<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Lesser Poland\u2019s capital is the undisputed leader not only in terms of total office stock, but also in terms of projects under construction. At the end of December last year Krakow had at its disposal a total volume of 955 000 sqm., 6.2% of which was awaiting new tenants. It was the arrival in the second half of 2016 of the Axis office building (20 200 sqm.), the C and D buildings in the DOT Office complex (14 400 sqm.) and the CH2M Center (14 100 sqm.) that were of significance for the Krakow office market.<\/p>\n<figure id=\"attachment_250\" aria-describedby=\"caption-attachment-250\" style=\"width: 6000px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-250\" src=\"http:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Ma\u0142gorzata-Fibakiewicz.jpg\" alt=\"Ma\u0142gorzata Fibakiewicz, Director, Office Agency, BNP Paribas Real Estate Poland\" width=\"6000\" height=\"4000\" title=\"\" srcset=\"https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Ma\u0142gorzata-Fibakiewicz.jpg 2560w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Ma\u0142gorzata-Fibakiewicz-300x200.jpg 300w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Ma\u0142gorzata-Fibakiewicz-768x512.jpg 768w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Ma\u0142gorzata-Fibakiewicz-1024x683.jpg 1024w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Ma\u0142gorzata-Fibakiewicz-696x464.jpg 696w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Ma\u0142gorzata-Fibakiewicz-1068x712.jpg 1068w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Ma\u0142gorzata-Fibakiewicz-630x420.jpg 630w\" sizes=\"auto, (max-width: 6000px) 100vw, 6000px\" \/><figcaption id=\"caption-attachment-250\" class=\"wp-caption-text\">Ma\u0142gorzata Fibakiewicz, Director, Office Agency, BNP Paribas Real Estate Poland<\/figcaption><\/figure>\n<p><em>For a few years now the modern business support service sector has been a consistent driving force for Krakow\u2019s offices. It is due to the large schemes from the BPO, SSC, ITC and R&amp;D sector that Krakow has been able to retain its dominant position as the regional leader. And yet competition in this sector is getting increasingly tougher <\/em>\u2013 comments <strong>Ma\u0142gorzata Fibakiewicz<\/strong>, Director, Office Agency, BNP Paribas Real Estate Poland.<\/p>\n<p>Wroc\u0142aw strengthened its second position with its office base standing at the end of 2016 at 846 000 sqm. and projects under construction with the total area of 179 000 sqm. The third position went to the Tri-City market with its supply standing at 620 000 sqm. and office projects in the pipeline with the total area of 125 000 sqm. Both of those markets have a similar vacancy rate oscillating at approx. 12%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Opportunity_for_Lodz\"><\/span>Opportunity for \u0141\u00f3d\u017a<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The \u0141\u00f3d\u017a market is not slowing down and is now catching up with the leaders. Well qualified workforce, infrastructure investments and its central location are arguments for \u0141\u00f3d\u017a as an attractive place to locate services from the business support sector. At the end of last year \u0141\u00f3d\u017a took the third position on the podium in terms of offices under construction (126 000 sqm.), thus taking a lead over the Tri-City. The report\u2019s authors stress that 34.7% of the new offices currently under construction in the city have already found a future tenant.<\/p>\n<figure id=\"attachment_249\" aria-describedby=\"caption-attachment-249\" style=\"width: 773px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-249\" src=\"http:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Staniszewska-Anna.jpg\" alt=\"Anna Staniszewska, Director, Research and Consultancy, BNP Paribas Real Estate Poland\" width=\"773\" height=\"515\" title=\"\" srcset=\"https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Staniszewska-Anna.jpg 773w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Staniszewska-Anna-300x200.jpg 300w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Staniszewska-Anna-768x512.jpg 768w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Staniszewska-Anna-696x464.jpg 696w, https:\/\/ceo.com.pl\/en\/wp-content\/uploads\/2017\/03\/Staniszewska-Anna-630x420.jpg 630w\" sizes=\"auto, (max-width: 773px) 100vw, 773px\" \/><figcaption id=\"caption-attachment-249\" class=\"wp-caption-text\">Anna Staniszewska, Director, Research and Consultancy, BNP Paribas Real Estate Poland<\/figcaption><\/figure>\n<p><em>Over the past few years \u0141\u00f3d\u017a has been gaining in importance on the map of attractive office locations. In addition to good transport links, businesses locating their service centres here can count on relatively lower labour costs as compared to the \u201cGreat Three\u201d while retaining the high level of staff qualifications. Furthermore, operating costs, including rents, are also lower <\/em>\u2013 comments <strong>Anna Staniszewska<\/strong>, Director, Research and Consultancy, BNP Paribas Real Estate Poland.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Vacancy_rate_on_the_rise\"><\/span>Vacancy rate on the rise<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The second half of 2016 on the regional markets was marked by new supply, where the total volume of space delivered to the market stood at approx. 300 000 sqm. This resulted in an increase in the vacancy rate by 1.3 percentage points, which at the end of 2016 stood at approx. 11.3%. The lowest vacancy rate was recorded by Krakow (6.2%), while Katowice and Szczecin recorded its highest levels (approx. 17%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nearly half a million square meters of modern office space was delivered to the office market in the key regional cities in 2016. The leader\u2019s position was retained by Lesser Poland\u2019s capital, followed by, amongst others, Wroc\u0142aw and the Tri-City. According to the report\u2019s authors at BNP Paribas Real Estate Poland, current pipeline projects will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[80,2723,2724,81,490,103,2808,75,70,73,188,64,104,76,133,71],"class_list":["post-248","post","type-post","status-publish","format-standard","has-post-thumbnail","category-real-estate","tag-anna-staniszewska","tag-bnp-paribas","tag-bnp-paribas-real","tag-bnp-paribas-real-estate","tag-bnp-paribas-real-estate-poland","tag-bpo","tag-itc","tag-katowice","tag-krakow","tag-lodz","tag-malgorzata-fibakiewicz","tag-poland","tag-ssc","tag-szczecin","tag-tri-city","tag-wroclaw"],"jetpack_publicize_connections":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/comments?post=248"}],"version-history":[{"count":0,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/248\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/250"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}