At a Glance Office Regional Q4 2023
Most companies have downsized their offices by around 20-30% over the last two to three years compared to pre-pandemic office lease sizes as many have embraced hybrid working patterns.
Fewer new office projects, but occupier activity continues at a steady pace in regional cities in late Q4 2023
Most companies have downsized their offices by around 20-30% over the last two to three years compared to pre-pandemic office lease sizes as many have embraced hybrid working patterns.
Low new supply on the Warsaw office market amid heightened occupier activity
At the end of last year, Warsaw’s total office stock stood at 6.2 million sqm, of which just 61,000 sqm was delivered in 2023 - the lowest annual figure for new supply in the last five years and well below the five-year average of around 220,000 sqm.
Low new supply on the Warsaw office market amid heightened occupier activity
At the end of last year, Warsaw’s total office stock stood at 6.2 million sqm, of which just 61,000 sqm was delivered in 2023 - the lowest annual figure for new supply in the last five years and well below the five-year average of around 220,000 sqm.
At a Glance Office Warsaw Q4 2023
At the end of last year, Warsaw’s total office stock stood at 6.2 million sqm, of which just 61,000 sqm was delivered in 2023 - the lowest annual figure for new supply in the last five years and well below the five-year average of around 220,000 sqm.
The transaction volume results for the third quarter of 2023 elicit optimism for a resurgence in growth, yet it is too soon to celebrate
Despite the ascent in capitalization rates and prevailing global uncertainties, investors have executed agreements exceeding 741 million euros—a figure surpassing fourfold that of the preceding quarter in 2023.
The transaction volume results for the third quarter of 2023 elicit optimism for a resurgence in growth, yet it is too soon to celebrate
Despite the ascent in capitalization rates and prevailing global uncertainties, investors have executed agreements exceeding 741 million euros—a figure surpassing fourfold that of the preceding quarter in 2023.
Record office leasing and new spaces marked in the third quarter of 2023
The volume of leased office space reached a new record high in the third quarter of 2023. The total transaction volume increased by more than 85% compared to the same period last year.
Record office leasing and new spaces marked in the third quarter of 2023
The volume of leased office space reached a new record high in the third quarter of 2023. The total transaction volume increased by more than 85% compared to the same period last year.
Trade in good shape: Vanishing vacancies and new retail space
In recent years, the commercial real estate market in Poland has seen an accelerated growth in mixed-use schemes. Approximately 40 mixed-use developments have been completed in our country, and this market segment is gaining momentum.