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Office Market News

Spadek dostępności atrakcyjnych biur w centrum Warszawy

According to a report by consulting firm Newmark Polska, "Office Occupier - Office Market in Warsaw, Q1 2024," the Warsaw office market is entering a period of intensified activity in the conversion and modernization of office buildings. As the availability of offices in central locations declined in the first quarter of this year, tenants' interest in office buildings located outside the center increased. Developer activity remains stable, though relatively low for Warsaw, with a significant concentration in central zones, which account for almost 90% of the total volume of office space under construction.

More retail emerge at offices in Warsaw

Already 64% of Warsaw’s office buildings offer at least one retail or service unit, reveals Cushman & Wakefield. With new retail supply remaining low across Warsaw, retailers and service providers are increasingly looking for alternative locations. In addition, recent years have seen a significant shift in user preferences regarding the use of office space and types of services available in office buildings.

New offices in Cube Flex

In the Cube Office Park complex in Gdansk, modern serviced offices called Cube Flex have been inaugurated in an area of 800 square meters. Already 50% of these spaces have found tenants.

All floors of The Bridge have been built

The Bridge skyscraper, located in Warsaw's Wola district, has reached its full height of 174 meters. Construction of the last technical floor has been completed, and installation and finishing works are currently underway. A veined glass façade already covers 18 floors of the planned 40, which together offer 47,000 sqm of office space. Each floor is unique thanks to the building's sculpted massing. Jaroslaw Zagorski, managing director of Ghelamco Poland, stresses that The Bridge stands out from other Warsaw skyscrapers and will become a recognizable element of the city.

Interviews

We can see a lot of demand for apartments in central Łódź and we’re going to meet it

Being in the centre of Poland where the country’s main communication arteries meet, Łódź is betting on its location as the country’s major crossroad. This has tempted manufacturers, IT and R&D firms as well as logistics operators, who are right now experiencing a golden age. The local authorities support the preservation and continuation of the city’s architecture, which does not mean that there is a ban on constructing new tall buildings in the city. In the third ‘Around the World in 8 Questions’ interview, we met with Hanna Zdanowska, the mayor of Łódź, “We can see a lot of demand for apartments in central Łódź and we’re going to meet it,” she declares.

"Safety rules in office buildings matter a lot in the rental decision"

The pandemic has changed our perspective and needs, and from 2020 the safety norms implemented by office buildings matter a lot for tenants when it comes tp rent new spaces - says Adriana Drăgoescu, CEO, RPHI Romania. In the interview she emphasizes that the measures, efforts and strategy of an office building on safety rules are the top three criteria in decision making. - Interview with Adriana Drăgoescu, CEO, RPHI Romania

Transactions

Date Business Center Tenant m2 Agency
2024 Q2 Skanska Nowy Rynek Building E Satander n/a
2024 Q1 C200 Office Gdańsk Triden BMC 2199
2024 Q1 Life Building Warsaw 300 Eolus Poland

More Transactions »

Best of 2024

  • Largest Rental:

    Saski Crescent - , with 5998m2 rented space

  • Most Active Office Building:

    Saski Crescent, 1 db rentals, with 5998m2 rented space

  • Most Active Agency:

    , 0 transactions, transactions total space: 37932 m2

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