Locked content Warsaw up in office cost ranking

Warsaw came in 60th in the latest ranking of the most expensive office locations carried out by advisory CBRE, with occupancy cost at €35.56 per sqm per month. “Despite rent decline in Warsaw seen over the past few quarters, Poland’s capital has improved its position in the ranking by 3 points, main...

Locked content High-rise residential scheme in Wola by 2015

Atlas Estates is to develop a third tower next to the Hilton Hotel in Warsaw’s Wola district, as reported by ISBnews. Market research shows interest in a residential project at this location, according to Atlas representatives. Indeed, the new tower will mainly house residential apartments. Th...

Locked content Budimex to build more homes in Kraków

Budimex Nieruchomości began the construction of its new housing project, Nowe Czyżyny in Kraków, ISBnews reported. The net value of the project is around PLN 300 million and includes 1374 residential units nearby the former Czyżyny airfield, east of central Kraków. The project is financed by Budimex...

Locked content Lower return on investment in the rental market

A report released by Home Broker stated that investing in homes for rent is not profitable anymore. In five out of seven cities surveyed, the profitability of rentals has fallen. This includes Warsaw, Kraków, Gdańsk and Łódź. Warsaw is still the most profitable location and offers a 5 percent annual...

The High Streets: Pl. Trzech Krzyży

very city has a destination for the posh crowd. It’s the place where people go not only to do their business but to see and be seen. In Warsaw it’s most likely Pl. Trzech Krzyży where you’ll find the highest concentration of high heels and suits.No wonder then that as many as 94 percent of the city’...

Expand and re-market

Another 500,000 sqm of retail space will be delivered this year, with expansions of existing schemes and new ones in smaller cities some of the key trends in 2014

Capital recycling

Artur Lebiedziński has been at the helm of PHN, one of Poland’s largest real estate groups, for only a few months but is already up to speed with the changes the company is going through. After several years of write-offs, its portfolio has finally stabilized and the firm is poised to make new acqui...