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...

Savills introduces new service line in Poland

Real estate services firm Savills has recently officially launched its industrial and logistics agency in Poland. The team comprises six people and is headed by Wojciech Zoń who previously worked as an associate director in the industrial department of JLL. “The Polish industrial market is currently...

First Penta office project in Poland topped out

Investor Penta Investments has topped out the D48 project in Warsaw, the first office scheme of the company in Poland. The development is scheduled for completion in August next year. “The construction work is proceeding according to schedule,” said Damian Grzywacz, the senior manager responsible fo...

Retail stock to grow by 5.5%

There is more than 793,000 sqm of retail space under construction, of which nearly 50 percent are located in cities with more than 300,000 citizens, according to the “Poland Retail Market” report compiled by Savills World Research.