Real Estate for a Changing World
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.
At the end of September, the total existing retail space in Poland approached 15.5 million sqm, with new quarterly supply reaching 70,000 sqm. As in previous quarters, retail parks performed very well.
Currently, there are 180,000 sqm under construction in the capital city, to be completed between 2022 and 2025. This result is far below what the Warsaw market has consistently delivered in recent years.
The new Head of the Valuation department will lead the team offering the full range of valuations for all asset classes of commercial real estate, as well as highest and best use analysis.
The new Head of the Valuation department will lead the team offering the full range of valuations for all asset classes of commercial real estate, as well as highest and best use analysis.
MegaGroup Trade Holding BV, holding organisation for European companies dealing in water technics -among which Bevo in Poland-, has signed a lease agreement with MLP Group to lease 23,000 sqm of warehouse and office space.
MegaGroup Trade Holding BV, holding organisation for European companies dealing in water technics -among which Bevo in Poland-, has signed a lease agreement with MLP Group to lease 23,000 sqm of warehouse and office space.
The warehousing, logistic and industrial space market in Poland grew by approx. 1.15 million sq m in Q2. 4.3 million sq m was still under construction, with one third of which expected to enter the market by the end of this year.
The warehousing, logistic and industrial space market in Poland grew by approx. 1.15 million sqm in Q2. 4.3 million sqm was still under construction, with one third of which expected to enter the market by the end of this year.