At a Glance Office Regional Q1 2023
Record-high inflation is sending office rents ever higher on regional markets, weighing heavy on tenants. The overall vacancy rate edged up by 0.6 pp in Q1 2023, with a supply gap becoming imminent.
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.
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.
Offices in Europe: decorrelation between occupier and investment markets
Całkowity wolumen transakcji w ubiegłym roku na 17 największych rynkach wyniósł 9,169 mln mkw., co oznacza wzrost o 10% w porównaniu z 2021 r. Jest to jednocześnie wynik zbliżony do średniej długoterminowej.
European Logistics Market 2022
The logistics market in Europe in 2022 proved resilient despite a difficult political and economic environment. Low vacancy rates and limited land availability continue to push rents up and magnified by construction costs.
Strong fundamentals for commercial real estate
The Polish commercial property market has reconfirmed its status as an investment hotspot despite the one-year-long war in Ukraine, the runaway inflation and the global economic turmoil.
Warsaw settles into a new office reality
Last year closed in Warsaw with the city’s total office stock standing at 6.26 million sqm, around half of which is 10 years old or older.
Warehouse logistics maintains its steady momentum
The Polish industrial and logistics market demonstrated solid growth throughout 2022. Around 0.8 million sqm came on stream in the last quarter, bringing total stock to just over 28 million sqm at the end of December.
Logistyka magazynowa – stabilnie i do przodu
The Polish industrial and logistics market demonstrated solid growth throughout 2022. Around 0.8 million sqm came on stream in the last quarter, bringing total stock to just over 28 million sqm at the end of December.
Regional office markets work hard to build strength
Office take-up for 2022 as a whole was over 600,000 sqm, of which more than 170,000 sqm was transacted in Q4 alone. Poland’s regional cities overtook Warsaw last year in terms of total office stock.