Real Estate for a Changing World
The end of the year for retail real estate in Poland was marked by a rise in inflation and the various consequences that followed it, increases in energy prices and the effects of the war in the Ukraine.
The end of the year for retail real estate in Poland was marked by a rise in inflation and the various consequences that followed it, increases in energy prices and the effects of the war in the Ukraine.
Polish market for modern logistic, warehouse and industrial spaces closed the last quarter with assets of 27.4 million sqm.
Facing the wind of many changes in the last couple of years, the real estate sector had to take a new path , come up with revolutionary solutions and create new concepts in order to remain attractive to all market participants.
Polish market for modern logistic, warehouse and industrial spaces closed the last quarter with assets of 27.4 million sqm. This volume included not just spaces where logistic operations are carried out but also the related office spaces and staff rooms.
Despite uncertainties related to the economy losing momentum and the geopolitical situation, as well as the post-pandemic environment, the country’s assets of logistic, warehouse and industrial space increased to 1.16 million sqm in Q3.
Starting at the beginning of December, Małgorzata Fibakiewicz will lead the Office Agency, and Justyna Magrzyk-Flemming will become the Head of Business Services.
Starting at the beginning of December, Małgorzata Fibakiewicz will lead the Office Agency, and Justyna Magrzyk-Flemming will become the Head of Business Services.
At the end of the third quarter, the existing modern office space in eight key regional markets totalled almost 6.4 million sqm. There were no surprises on the podium of the largest office destinations, following Warsaw.
In total, in the third quarter, Polish commercial real estate investors spent just over EUR 1.4 billion. Most of it was invested in logistics, warehousing, and industrial projects. Players from the United States were particularly active.