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Articles - biurowiec

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.

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.

Second phase of the studio office complex begins

Modern office spaces, solutions aimed at reducing environmental impact as well and intriguing landscaping that complements the urban fabric are just some of the distinctive features of the Studio A building. Skanska’s latest investment will contribute 26,600 sqm of office space to Warsaw. The building is scheduled to be commissioned in 2025.

More deals take place in the Polish office market

Cushman & Wakefield has summarized the third quarter of 2023 on the Polish office market. Office development activity continues to slow down both in Warsaw and in Poland’s regional city markets. Nominal leasing activity remains high in the largest regional cities, with Warsaw reporting a record number of leases.

Deutsche Pfandbriefbank provides €75 million loan for CEDET office building

pbb Deutsche Pfandbriefbank has provided a €75 million investment loan facility to a Polish company managed by Macquarie Asset Management on behalf of institutional investors.

Office development activity in Warsaw slows down sharply

Cushman & Wakefield has released a summary of office market conditions in Warsaw. This year’s development activity is expected to fall to its lowest in nearly 25 years amid a record number of leases, falling vacancy rates and the continued upward pressure on rental growth. Supply: office development activity is at an all-time low

Office building in Warsaw sold for PRS redevelopment

Octava sold Obrzeżna Center office building in Warsaw to the Polish investor. The price has not been disclosed. Avison Young and Savills jointly represented the seller.

Falck joins Skyliner tenants

Another international company has joined the tenant portfolio of Warsaw’s Skyliner office building. The global healthcare company, Falck, has chosen the building owned by the Karimpol Group as its new office for its IT department in Poland. It will occupy nearly 1,500 sqm of space in the Skyliner.

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