Articles
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.
A serene summer in Regional Office Real-estate
During Q3, the modern office space stock located outside of Warsaw grew by less than 20,000m². Throughout this period, tenants have leased over 113,000m² of space, mainly through the signing of new contracts, or by contract renewals.
THE INVESTMENT MARKE T ON THE GOOD TRACK
In Q3, the commercial real estate investment market revived and was accompanied by a much greater optimism than during the previous periods of 2021. Logistics and industrial space are still the leaders among the sectors.
A ROSIER FUTURE AHEAD FOR COMMERCIAL REAL ESTATE
The commercial real estate market, together with many other economic areas, after being impacted heavily by the Covid pandemic, is undergoing recovery. These positive indicators are also mirrored in the retail real estate sector.
Warsaw’s office market still in a tight corner
What will offices look like once the pandemic is over? Five quarters of a health crisis later and there is still no clear answer for Warsaw’s office market.
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