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Real estate Lokale Immobilia

722,000 sqm of office space under construction in Warsaw - Savills

04:24

Over 722,200 sqm of office space is currently under construction across Warsaw as stated in the latest report by real estate advisory Savills. In the first half of the year 131,400 sqm was completed. The largest office project completed during that time was the second phase of Business Garden complex, which comprises of four buildings totaling 54,800 sqm. During the second half of the year another 185,000 sqm of office space is expected to be delivered across the city. Thus last year with record high new supply of 407,000 sqm in such projects as Warsaw Spire and Q22 among others, won’t be beaten. Starting next year, throughout the three following years, the largest currently under construction office complexes will be completed: Mennica Legacy Tower (63,800 sqm; delivery date 2018), The Warsaw Hub (75,000 sqm; delivery date 2019) and Varso (106,200 sqm; delivery date 2020).

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