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A comparison of the benefits of renting and buying an office.

Renting or buying an office is an important decision that affects the finances and operation of a company. Both options have their advantages and disadvantages, which should be considered before making the final choice. In this article, we will outline the most important factors to consider when comparing the benefits of renting and buying an office.

Craft by Ghelamco in Katowice is ready

Craft, the latest project by Belgian developer Ghelamco in Katowice, has been granted an occupancy permit, thereby adding 26,700 sqm of office space to the local market.

How to save on office operating costs?

Office operating costs are one of the largest expense items in any company's budget. They range from paying for rent, utilities, equipment, software, to maintaining cleanliness, security and employee comfort. However, many of these costs can be significantly reduced or even eliminated with simple and effective solutions. Here are some of them:

Optimism prevails in Warsaw's office market despite supply gap

Despite a supply gap and a low level of new completions (18,700 sqm in H1), there is a lot of optimism in the capital’s office market. Over 230,000 sqm is scheduled to be delivered in the next three years, which will significantly increase the amount of office space available to let. On the demand side meanwhile, we observe a relatively high occupier demand, whereby 2/3 of all agreements signed in H1 were new leases. AXI IMMO presents market data for the first half of 2023.

How to build sustainable, healthy and profitable office buildings in 10 easy steps

Sustainability has become a key part of the strategy for many companies that want to minimize their environmental impact while increasing profitability and creating healthy workplaces. In this context, office buildings are becoming a central focus. In our guide, we outline 10 simple steps to help you build sustainable, healthy, and profitable office buildings that combine the latest technology with green solutions, for the benefit of employees, business, and the planet.

Lincoln Property builds the FORM

The FORM, a new office building in Warsaw, is being built by American company Lincoln Property Company and Czech investment group Enern. Lincoln Property Company operates in the European market, including Slovakia. The new owners acquired the project in 2021 from Penta Real Estate. Its financing includes recently issued €30 million bonds with a 6.5 percent annual coupon that are managed and secured by J&T Bank. According to trend.sk, the bonds are listed and traded on the Bratislava Stock Exchange.

Savills will be the only letting agent for the office building in Wroclaw.

Savills has been chosen by HIH Invest Real Estate as the only letting agent for open office space in the Sagittarius Business House in Wroclaw, Poland.

Sodexo poland to stay at Oxygen Park in Warsaw

Sodexo, a global leader in services that improve quality of life, has extended its lease of office space and canteen in Oxygen Park, the Warsaw office complex owned by the Golden Star Group. The agreement under which Sodexo Poland leases a total of 1,630 sqm was signed for 6.5 years.

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