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Office Market News

Will Warsaw’s office vacancy rate come down?

According to Cresa, Warsaw’s total office stock has risen by more than 3.75% over the year to 5.42 million sqm and the absorption rate is down by 1.4% compared with Q3 2017. The vacancy rate is at 10%.

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IMMOBEL sells landmark Cedet building in Poland to Asian funds for EUR 129.5 million

IMMOBEL has sold the Cedet office building, located in central Warsaw (Poland), to a fund managed by GLL Real Estate Partners.

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Globalworth Poland to buy two Polish office buildings from Unibail

Globalworth Real Estate Investments’ Polish subsidiary intends to buy two office buildings from Unibail-Rodamco-Westfield for around €190m.

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Panattoni Europe delivers e-commerce logistics centre for Amazon of more than 161,500 sqm near Szczecin

Panattoni Europe has just completed one of the most advanced fulfilment centres dedicated to online retail for Amazon. The investment with total useful floor area of 161,500 sqm was built on a 29-hectare site in Kołbaskowo near Szczecin. Warehousing and distribution functions have taken up close to 150,800 sqm, while more than 10,700 sqm are allocated to office and staff facilities.

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First lease signed in Nobilis Business House

The Synexus medical centre is to open a clinic in Nobilis Business House - a modern Class A office building which is being developed by Echo Investment in Wrocław.

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JLL: Business services sector leases 380,000 sqm of office space outside Warsaw

In 2015 companies from the industry leased 380,000 sqm of office space, which accounted for 56 percent of overall demand on major markets outside Warsaw, according to JLL's recent data on the activity of tenants from the business services sector in 2015.

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Katowicki rynek biurowy na celowniku Echo Investment

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Ars Medica as a new tenant in Legnicka Park Popowice

Ars Medica joined the tenant mix at Legnicka Park Popowice, an office & retail complex in Wrocław. Cushman & Wakefield, a global real estate adviser, acted as the agent on the transaction.

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