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Articles - obiekty biurowe

Warsaw ranks third in Europe for office occupier activity

Cushman & Wakefield has summarized the first quarter of 2023 and trends shaping the Warsaw office market, which came third among key European office locations for take-up. The Polish capital is entering a phase of renewing leases made in the peak years of 2018-2019. Another positive development is the prospect of several new construction starts in the city’s central zones. According to Cushman & Wakefield, new projects will experience the strongest upward pressure on rents.

New leases account for over 60% of all office deals in Warsaw

According to a new report published by Newmark Polska, the first three months of 2023 saw no new office completions in Warsaw as occupier activity weakened and the capital’s vacancy rate remained flat compared to the previous quarter. Developers are, however, commencing or planning new office projects in the city.

Savills expands its management board in Poland

Real estate advisory firm Savills has strengthened its management board in Poland with the appointment of three new members acting as business line directors.

High demand for offices in Poland could result in supply gap

2022 was a good, strong year in 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 restrictions related to the Covid-19 pandemic, they have launched a campaign to encourage people to return to their offices. On the other hand, we will see lower development activity in both Warsaw and regional office markets in the coming quarters, which should last until 2024. AXI IMMO summarised 2022 on the Polish office market.

Cube Office Park in Gdańsk gets a green makover

CUBE Office Park in Gdansk is currently going through a green transformation process. The refurbishment of the reception lobby in building A, which was completed last year, is just a glimpse of what tenants may expect in the near future. CUBE Office Park is managed by TFG Asset Management while real estate advisory firm Savills is the sole letting agent for office space in the complex.

Law firms bnt and BSJP merge in Poland

bnt attorneys in CEE, an international business law firm with 10 offices in Central and Eastern Europe, and BSJP, one of Poland’s full-service legal practices, have teamed up to create a legal powerhouse. The new firm will operate under the combined brand of BSJP | bnt in Poland.

Support for projects in Pilot Tower

G2J Consulting, a Polish consulting company specializing in supporting construction projects, has become the new tenant of the Pilot Tower office building in Krakow. The building belongs to the portfolio of First Property Group.

The Bridge is growing!

Ghelamco has completed works on the underground structure of The Bridge at Plac Europejski in Warsaw. In the next stages of construction, the above-ground storeys of the 40-storey office building will be built.