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 ...
Rodno 1
Image : Shutterstock

Appetites remain strong

Nearly €1 billion worth of real estate assets were sold in the first quarter in Poland. Prime assets, albeit increasingly scarce, are still in demand, but investors are also looking elsewhere
Plac Vogla
Image : Ghelamco

A matter of convenience

While convenience centers are becoming the go-to destination for everyday shopping, large malls are trying to attract consumers with leisure and food experiences. In this polarizing market, is there room for other schemes which are neither dominant enough for leisure centers, nor close enough for ev...
Polish Soldier Image : Polish Defense Holding

Battle ready?

Against the backdrop of Poland’s tragic military history, the government plans expenditures of PLN 131 billion over the next decade. But is the modernization plan realistic?