Savills leasing GLL offices in Warsaw

German investment fund management company GLL Real Estate Partners has appointed Savills as the exclusive leasing agent of its office properties in Warsaw. GLL’s office portfolio in the Polish capital comprises five buildings – Zaułek Piękna, Liberty Corner, Griffin House, Renaissance and Marynarska...

Savills re-commercializing Centrum Krakowska 61 in Warsaw

Savills has been appointed as the exclusive leasing agent responsible for the re-commercialization of part of the retail space in the Centrum Krakowska 61 complex in Warsaw. The complex is to be modernized in the near future with one of the buildings, comprising 11,800 sqm, set to get a complete mak...

Savills: Q2 investment volume at over €1 bln

The combined volume of investment transactions in the commercial property market in Poland exceeded €1 billion in the second quarter of this year, according to the latest report by Savills. Transactions in the retail sector dominated the investment activity in the period, the study said. According t...

Savills to re-commercialize Bielsko-Biała retail park

Real estate services firm Savills will advise investor Biuro Inwestycji Kapitałowych on the re-commercialization of the Retail Park Karpacka in Bielsko-Biała in southern Poland, which was opened for business almost three years ago. The retail park comprises approximately 6,900 sqm of retail space, o...

Expanding co-working sector driving demand for office space

Co-working space operators are a new group of tenants that will generate more and more demand for office space in Warsaw in the near future, according to the latest report by Savills. It is estimated that the start-up sector already accounts for approximately 11 percent of the city’s GDP. Co-working...

Over 4,300 sqm leased at North Gate building in Warsaw

The Deka Immobilien investment fund has recently signed five lease agreements for a total of more than 4,300 sqm of office space at its North Gate building in Warsaw. Savills represented the landlord in the negotiations with the new tenants: Emerge Software, Flying Wild Hog, Sigma Connectivity, Youn...

Office pipeline in Wrocław to remain strong – Savills

As much as 139,100 sqm of new office space was delivered to the Wrocław market in 2016. The result is 57 percent above the 2015 level and more than double to amount seen in 2014. The largest project completed last year was the first phase of Business Garden Wrocław (36,600 sqm), according to a recen...

Kraków office market putting up strong performance – report

The office stock in Kraków, the largest regional office market in Poland, has increased by almost 70 percent since 2012, with a record 146,900 sqm having been completed in the city in 2016 alone, according to the latest report by Savills. The office stock in the city will significantly exceed one mi...