New investors arrived in Łódź in 2021

Despite the pandemic situation and low tenant activity in the first half of In 2021, the demand for offices in Łódź remained at a level exceeding 51,500 sqm throughout the year. According to the data of Colliers, a leading advisory company on the commercial real estate market, nearly 70 percent of transactions in the Łódź rental market were renegotiations.

"The majority of clients decided to extend their lease agreements and stay in their current locations. In the era of dynamic changes in the financial environment, companies decided to stabilize their location-related situation," Marcin Włodarczyk, Regional Director of the Colliers office in Łódź, said.

The largest transactions recorded in 2021 in the Łódź office market were a confidential lease agreement for nearly 24,000 sqm in the Green Horizon building, ChilliSpaces – operator of serviced offices for 3,500 sqm in React and ZF Automotive Systems for over 2,500 sqm in the Symetris building, where the tenants were advised by Colliers.

(WBJ)