BNP Paribas Real Estate Poland has expanded its range of services with Project & Development Consultancy. The department will complement the offer of all other business lines. The new team will be headed by Piotr Rusinek, who will be assisted by experienced experts from existing BNP Paribas Real Estate departments as well as Andrew Cavanagh and Joanna Woźniak, who have joined the company recently.
According to “Occupier Economics: Office Market in Warsaw Q1 2019”, a report published by real estate advisory firm Cresa, Warsaw’s vacancy rate is at its lowest in seven years, but this year’s new supply is likely to surpass 300,000 sqm; this is a temporary situation and so is the negative absorption.
Plants in the office are not only an increasingly common element of design, but above all, a real benefit for the health of employees - says Aleksandra Adamczyk, specialist in the administration department of Colliers International.
Cities in India, China and the Middle East growing more resilient and offer investors long-term opportunities - within 10 years China will occupy 43 spots in Savills Top 100 Resilient Cities ranking. New York, Tokyo, London, Los Angeles currently Savills top four cities most resilient to global disruption now and in 2028, but ‘challenger cities’ rising fast. The dynamic economic growth of major urban centers in Poland is giving real prospects for higher returns on investment in commercial real estate than in major centers business of the old world order.
Rise.pl, a flexible workplace provider, is opening another location in the very heart of Krakow, opposite the Galeria Krakowska shopping centre and the Main Railway Station, in early July 2019. The firm has leased all of the building (1,640 sq m) located at 9 Kurniki Street. Real estate advisory firm Savills advised on the transaction.