At a Glance Warsaw Office Q4 2021
The market closed the year with 325,000 sqm of new modern space, but vacancy rate are increasing, and an escalation in contract renewals is agitating the situation within the demand structure.
The market closed the year with 325,000 sqm of new modern space, but vacancy rate are increasing, and an escalation in contract renewals is agitating the situation within the demand structure.
In the past twelve months, retail properties have tried to make up for the challenges faced in the first year of the pandemic.
Around 715,000 sqm of modern office space was under construction within Poland’s eight largest markets at the end of 2021
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.