Tétris completes over 200 projects in 2019

Tétris, operating on the office, hospitality, and retail markets, has completed over 200 projects within 12 months.

As the JLL report showed after three quarters, only in six major markets outside Warsaw more than 500,000 sqm of offices were rented, which is 23% more than in the corresponding period of 2018.

Managers and investors clearly need to refresh the existing office base in order to match the standards of the newly emerging ones. The renovation trend is strongly visible in the shopping center market, which are changing their functions to compete with smaller formats. In the hospitality market, in addition to further increase the number of beds, an increase in the number of apartment and apartment projects for rent can be observed.

“This year we have completed works of various scope on over 190,000 sqm of space. Our strategy of stronger entry into the regions works well. Our offices in the Tri-City, Krakow, and Wroclaw are responsible for 20 percent of projects. There is a lot of work due to further increases in real estate markets, but the market is becoming more and more demanding,” Rajmund Węgrzynek, Managing Director, said.

(WBJ)