JLL: slow pace for retail market in Q1

After the busy end of 2016, Q1 2017 was rather quiet in terms of new completions of retail projects. The market grew by only a mere 36,800 sqm, including two extensions of existing projects and two developments of stand-alone retail warehouses, JLL said in its report.

Lionbridge to occupy all of Taifun office building in Warsaw

Lionbridge Poland, a company providing translation, online marketing, global content management and application testing solutions, has renewed and expanded its lease agreement in the Taifun office building in Warsaw. As a result of the agreement, the company, which was represented by JLL in the nego...

Poznań office market with 64,100 sqm leased in 2016 – JLL

After 2015’s record-breaking performance, when demand for office space in Poznań totaled 64,900 sqm, 2016 closed with a result of 64,100 sqm. An interesting trend in 2016 was the increased share of pre-let agreements in overall demand – much higher than in previous years, according to a recent...

E-commerce accounts for 59% of warehouse demand in 2016

Retail chains and logistics operators accounted for nearly 59 percent out of the record-high 3 million sqm of warehouse space leased throughout 2016, JLL stated in a report. Logistics firms’ share in total demand rose slightly from 29 percent in 2015 to 30 percent last year. “This result is mainly d...

Over 1.3 mln sqm of office space leased in 2016 – JLL

Demand for office space in 2016 amounted to 1.34 million sqm, the second best result in Polish market history, after a record-breaking 2015, as stated in a recent report by advisory firm JLL. “This slight decrease in demand was caused mainly by a lower number of large lease deals signed by companies...

Demand for industrial space at 3 mln sqm in 2016 – JLL

Gross take-up of industrial space was 3 million sqm in 2016, out of which net demand amounted to 2.2 million sqm, according to a recent JLL report. “In 2016, demand on the industrial market in Poland hit an all-time high. … GDP growth and the gradually increasing importance of Poland as an e-c...

Ericsson leases 8,400 sqm in record Łódź transaction

JLL has revealed that information and communications technology company Ericsson leased 8,400 sqm of office space in the University Business Park complex in Łódź in the final quarter of last year. According to the real estate services firm, which advised the tenant on the hitherto confidential trans...