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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.
“Wait and see” strategy in the first quarter in the investment market
After two years of the pandemic, rampant inflation and the outbreak of war in Ukraine have burdened literally almost every branch of the economy, including the commercial real estate market.
THE REGIONAL OFFICES WILL HAVE A LOT OF WORK AHEAD
The existing office stock in the 8 key regional cities approached 6.3 m sqm at the end of the first quarter. In the analyzed period, the markets grew by nearly 244 k sqm.
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.
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