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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.
WARSAW OFFICES IN Q1 2022
Warsaw's total office stock at the end of the first quarter approached 6.24 million sqm, of which over 93,000 sqm of modern space was delivered for use between January and March 2022.
PROMOTIONS AT BNP PARIBAS REAL ESTATE POLAND
The first quarter of the year in BNP Paribas Real Estate Poland was marked by internal promotions.
Poland stands for warehousing
The warehouse and logistics space sector in Poland maintained its high growth rate in 2021. The results included, among others, record amounts of new space delivered to the market, a record number of square metres under construction, as well as a record demand.
Flexibility is key to Warsaw’s offices. And not only Warsaw.
The market closed the year with 325,000 sqm of new modern space, but vacancy rate are increasing, and an escalation in contract renewals is agitating the situation within the demand structure.
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