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Office Market News

ESG to gain importance in flexible offices

Despite significant headwinds across the global economy, the European flexible office market has remained largely resilient throughout 2023, says Workthere.pl. In 2024, the flexible office specialist expects operators to continue to seek best-in-class spaces with a greater focus on amenities and sustainability offerings.

Natek joins tenants at Infinity office building

NATEK, a CEE market leader in outsourcing services and IT professionals, has joined the tenant roster of the Infinity office building. The company will move into the building at ul. Legnicka 16 in Wrocław in May 2024 and its offices will be arranged on 700 sqm of modern space, located on the 5th floor.

PHN begins construction of Vena office building in Warsaw

State-owned Polski Holding Nieruchomości (PHN) is starting construction of the Vena office building in Warsaw's Wola district. Construction work will take two years and the estimated investment cost is around PLN 200 million.

Gross demand on Poland's office market remains stable

Axi Immo has presented six key trends on the Polish office market with a presentation of estimates for the sector at the end of 2023. Two-speed new supply – supply gap in Warsaw, high activity in regions

Savills to manage Mogilska 35 Office in Kraków

Savills has been appointed as property manager for Mogilska 35 Office in Kraków. The six-floor office building is one of the latest office projects delivered in southern Poland by Warimpex.

Poland's office market enters optimization phase

2023 was marked in Poland by a shrinking office development pipeline amid a continued focus on the optimization of office footprints and overall office running costs. It was also another year in which both tenants and developers faced relatively high office fit-out costs. In addition, high borrowing costs were a drag on expansion, with caution being a key theme characterizing the Polish office market, says Newmark.

Warimpex opens new office building in Kraków

Warimpex has opened its third office building in Kraków, the Mogilska 35 Offices. The taxonomy-compliant property has 11,900 sqm of space, is located in the immediate vicinity of the city centre and is named after its address on Mogilska Street. There are also Warimpex office buildings at numbers 41 and 43, which are fully occupied. Mogilska 35 is already almost half let and also offers flexible coworking options.

Offices in Poland are becoming increasingly popular

Interest in leasing offices in Poland is growing. In the third quarter, both in Warsaw and in the regional markets, the demand for office space was the highest this year. In the regions, 2023 will close with a result similar to the record from 2019.

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Dawid Jusupović

+48 79 508 5495

Krzysztof Falkowski

+48 73 757 4010


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