Magdalena ZienkiewiczImage : Wierciński, Kwieciński, Baehr

Restoration issues

Magdalena Zienkiewicz is legal counsel and partner at Wierciński, Kwieciński, Baehr sp.k., a Warsaw-based law firm. She heads the firm’s real estate and investment team and her areas of expertise include real estate transactions, city zoning law and construction law
Gdański Business CenterImage : HB Reavis

Warsaw rent crunch

With 300,000 sqm of office space set to come online in 2014, experts see office vacancy rates increasing to 15 percent towards the end of the year
The most recent development on ul. Chmielna added 3,800 sqm of office space and 1,700 sqm of retail spaceImage : LHI

The High Streets: ul. Chmielna

Poles are not particularly outdoorsy people. It’s hard to blame them given that up to seven months a year, temperatures drop below freezing. Yet they do love the shopping experience and are no strangers even to outdoor shopping. Even in the cold of winter, Varsovians flock to the capital’s top meeti...
Outlet Center Lublin will be the first outlet scheme in the city. It will deliver 12,500 sqm of retail space with 100 storesImage : CBRE

Eastern appeal

2014 will be a year of outlet centers. In addition to the existing 10 in major regional cities, three new will open soon, all located in Poland’s eastern cities. But is the current rate of development wise?
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2013: Tough to beat

The volume of real estate transactions stood at €3.4 billion in 2013, the highest figure since before the crisis. The score may be hard to repeat
Warsaw Spire
Image : Ghelamco

Warsaw’s uncertain future

Warsaw’s office stock is set to grow by 600,000 sqm by the end of 2016, half of which will be erected in the very center of the city. Add to that the increasingly pronounced trend of tenants favoring the more flexible and spacious offices outside the capital’s center. Is the 3-4 percent ...