Renting or buying an office is an important decision that affects the finances and operation of a company. Both options have their advantages and disadvantages, which should be considered before making the final choice. In this article, we will outline the most important factors to consider when comparing the benefits of renting and buying an office.
Shared work areas, also known as coworking, is a modern model of work organization that involves sharing office space with other individuals or companies. Shared work areas offer many benefits, such as lower costs, greater flexibility, better communication and networking opportunities. However, shared work areas also come with some challenges, such as lack of privacy, conflicts of interest, noise, and risk of infection. To use shared workspaces effectively, it is important to follow a few best practices.
According to a new report published by Newmark Polska, the first three months of 2023 saw no new office completions in Warsaw as occupier activity weakened and the capital’s vacancy rate remained flat compared to the previous quarter. Developers are, however, commencing or planning new office projects in the city.
Moje Miejsce II, which is the second office building of Echo Investment’s multifunctional project in Warsaw, was acquired by Trigea Real Estate Fund. The project is fully leased to tenants such as Tchibo or NetWorks and has been awarded BREEAM environmental certificate with an 'Excellent' rating. The transaction amounted to nearly €45 million.
G2J Consulting, a Polish consulting company specializing in supporting construction projects, has become the new tenant of the Pilot Tower office building in Krakow. The building belongs to the portfolio of First Property Group.
Ghelamco has completed works on the underground structure of The Bridge at Plac Europejski in Warsaw. In the next stages of construction, the above-ground storeys of the 40-storey office building will be built.
The West 4 Business Hub A building in Wrocław received the WiredScore Platinum certificate. After purchasing the office building in January 2022, Solida Capital decided to introduce additional solutions in the field of digital technologies.
According to CBRE, the demand for office space in Warsaw has exceeded 608,000 since the beginning of the year. sq m., and 154,000 sq m is under construction. sqm Tenant activity in the first three quarters of the year was even 50 percent. higher than in the two previous years. Experts indicate that the growing interest in offices in the capital, combined with the small amount of space under construction, will limit the availability of workplaces for new tenants and may increase rents.
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