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...

Colliers touts record 2017 office leasing activity

Colliers International has revealed that its tenant and landlord representation teams last year brokered 200 agreements in Poland for the lease of a record 286,000 sqm of office space, the best result in the history of the company’s operations in the country. Warsaw (nearly 96,000 sqm), Poznań (35,0...

Warsaw’s office vacancy rate drops – C&W

Intense leasing activity and moderate supply defined the office property market in Warsaw last year, which led the average vacancy rate in the city to decrease to 11.7%, the lowest level since Q3 2013, according to the latest report by Cushman & Wakefield. A total of 275,400 sqm of new office sp...

Katowice office market slows down

Katowice, the fifth largest office property market in Poland, will this year see the lowest annual supply of new space since 2011, according to a recent report by Savills. The existing stock in the city, which amounted to 447,100 sqm at the end of Q1, is expected to grow by only 7,700 sqm in 2017, t...