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Press Release AAG Industrial Q4 2023
Demand and supply slowed during the last quarter but remained relatively strong, reveals the latest report “At a Glance – Industrial and Logistics Market in Poland, Q4 2023” from BNP Paribas Real Estate Poland. Both vacancy and rental rates edged up by the end of 2023. Looking ahead, urban warehouses and built-to-suit projects will increase in popularity.
AAG Retail Q4 2024
According to the latest quarterly report “At a Glance – Modern Retail Market in Poland, Q4 2023”, released by BNP Paribas Real Estate Poland, the closing months of last year saw heightened development activity and many retailer debuts on the Polish retail market. Retail parks accounted for 80% of the new retail floorspace supply.
AAG Investment Q4 2023 ENG
According to experts from BNP Paribas Real Estate Poland who released “At A Glance – Investment Market in Poland, Q4 2023”, Poland’s economic outlook remains stable but the global geopolitical situation and high interest rates across Europe continue to hamper a quick rebound in commercial property trading and large-scale transactions. Last year’s results confirmed a fall in liquidity for the CRE sector in Poland.
Fewer new office projects, but occupier activity continues at a steady pace in regional cities in late Q4 2023
Most companies have downsized their offices by around 20-30% over the last two to three years compared to pre-pandemic office lease sizes as many have embraced hybrid working patterns.