Warsaw office market falls into a supply gap
2023 got off to a challenging start on the Warsaw office market with a significant decline in gross take-up and no new office space coming on stream in the first quarter of the year.
Regions building at breakneck speed, well over 700,000 sqm are under construction.
Around 715,000 sqm of modern office space was under construction within Poland’s eight largest markets at the end of 2021
A busy end-of-year for investments.
Over €5.7 billion - this is how much investors spent on commercial real estate in Poland throughout 2021, of which in the last quarter alone, the amount attained over €2.2 billion.
Echo Investment sells to Solida Capital the first phase of West 4 Business Hub office complex in Wroclaw
West 4 Business Hub I, a modern A-Class office building of an area exceeding 15,500 sqm, was acquired by Solida Capital, an investment and development company.
Distribution Center in West Poland sold. BNP Paribas Real Estate Poland represented the new owner of the property in the acquisition process.
The Polish branch of BNP Paribas Real Estate represented one of the Asian clients of the BNP Group in the acquisition process of the distribution center in West Poland. The Korean fund became the new owner.