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Offices in Poland are becoming increasingly popular

Interest in leasing offices in Poland is growing. In the third quarter, both in Warsaw and in the regional markets, the demand for office space was the highest this year. In the regions, 2023 will close with a result similar to the record from 2019.

Second phase of the studio office complex begins

Modern office spaces, solutions aimed at reducing environmental impact as well and intriguing landscaping that complements the urban fabric are just some of the distinctive features of the Studio A building. Skanska’s latest investment will contribute 26,600 sqm of office space to Warsaw. The building is scheduled to be commissioned in 2025.

More deals take place in the Polish office market

Cushman & Wakefield has summarized the third quarter of 2023 on the Polish office market. Office development activity continues to slow down both in Warsaw and in Poland’s regional city markets. Nominal leasing activity remains high in the largest regional cities, with Warsaw reporting a record number of leases.

Office tenants choose the centre of Warsaw

From January to the end of September 2023, the total demand for modern office space in Warsaw amounted to nearly 0.5 million sqm. Tenants often choose two contract options, i.e., they relocate to a new space or decide to renegotiate existing terms. The vacancy rate is decreasing, standing at 10.6% at the end of September 2023. On the supply side, developers delivered just over 20,000 sqm to the capital's office market in January-September 2023, indicating a supply gap period in Warsaw. Nevertheless, more than 240,000 sqm is under construction, most of which will be completed by the end of 2025, says Axi Immo.

Office building in Warsaw sold for PRS redevelopment

Octava sold Obrzeżna Center office building in Warsaw to the Polish investor. The price has not been disclosed. Avison Young and Savills jointly represented the seller.

Echo Investment starts construction of Swobodna SPOT in Wrocław

Swobodna SPOT is a new project by Echo Investment at 60 Swobodna Street in Wrocław. There will be a total of 41,600 sqm of leasable space in the project located in the city's business centre. Two office buildings and a green urban walkway connecting them were designed by architects from Kuryłowicz & Associates.

Falck joins Skyliner tenants

Another international company has joined the tenant portfolio of Warsaw’s Skyliner office building. The global healthcare company, Falck, has chosen the building owned by the Karimpol Group as its new office for its IT department in Poland. It will occupy nearly 1,500 sqm of space in the Skyliner.

Phinia chooses Oxygen Park for its new headquarters

PHINIA, a leader in the automotive industry, original equipment manufacturer of world-leading fuel systems and the owner of brands offering aftermarket solutions, has joined the tenant roster of Oxygen Park. The company has leased 500 sqm of modern space in the Warsaw office complex owned by Golden Star Group.

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