Wrocław with record office supply in Q1 – report

More than 36,600 sqm of office space was completed in Wrocław in the first quarter of 2018, which marks a 104.2% increase y/y, according to the latest report by Cresa. Buildings delivered in the city in the period in question include West Link (13,900 sqm, Echo Investment), BZ WBK Office Building (1...

Poznań office market on a growth path – JLL

Poznań – the sixth biggest office market in Poland – will continue to attract tenants in the coming months with the city’s total existing office stock set to reach half a million sqm next year, according to JLL. The regional market currently offers 455,000 sqm of modern office area and its growth is...

Record low office vacancy rate in Warsaw – Cresa

The vacancy rate in Warsaw’s office property market decreased to 10.8% in the first quarter of 2018, which is the lowest level to have been recorded in the last five years, according to the latest report by Cresa. The company’s experts predict that the rate will continue to drop this and next year w...

Record office leasing activity in Tri-city – report

The absorption of office space in the Tri-city market hit the record high of 79,400 sqm last year, compared to the annual average of over 58,000 sqm seen in the last five years, according to the latest report by Cresa. A total of 117,700 sqm was taken up in the market in 2017, which represents an al...

BPO/SSC companies lease some 500,000 sqm in 2017 – JLL

Companies from the business services sector last year leased up to 500,000 sqm of office space across Poland, according to an analysis by JLL. The figure represents one third of the total take-up recorded in the major office markets in the country in 2017. Warsaw, Kraków and Wrocław each saw BPO/SSC...

Regional office stock at 4.4 mln sqm – C&W

At the end of 2017, the total modern office stock in eight major regional markets in Poland – Kraków, Wrocław, the Tri-city, Katowice, Poznań, Łódź, Szczecin and Lublin – stood at around 4.4 million sqm, a 12-percent increase y/y, according to the latest report by Cushman & Wakefield. Kraków (as...