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Office developments in Warsaw: analysis and trends in late 2024
In the fourth quarter of 2024, Warsaw’s office market continued to experience stable occupier demand amid constrained new supply, with tenants seeking to secure spaces in the city centre and expecting sustainable solutions, reveals “At a Glance: Warsaw Office Market, Q4 2024”, a report from BNP Paribas Real Estate Poland.
Retail real estate market slowly moving forward, despite harsh economic and geopolitical conditions
The end of the year for retail real estate in Poland was marked by a rise in inflation and the various consequences that followed it, increases in energy prices and the effects of the war in the Ukraine.
Logistics is growing, but the first signs of slowdown are visible on the horizon
Polish market for modern logistic, warehouse and industrial spaces closed the last quarter with assets of 27.4 million sqm.
Changes at BNP Paribas Real Estate Poland
Starting at the beginning of December, Małgorzata Fibakiewicz will lead the Office Agency, and Justyna Magrzyk-Flemming will become the Head of Business Services.
The commercial real estate investment market has still something to say
In total, in the third quarter, Polish commercial real estate investors spent just over EUR 1.4 billion. Most of it was invested in logistics, warehousing, and industrial projects. Players from the United States were particularly active.
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