Articles
Polish retail market performs well: retail parks dominate new openings as vacancy rates fall
In Q3 2024, the Polish retail market expanded by another 116,000 sqm. With average retail vacancy rates in the largest Polish cities falling and tenants posting rising turnover levels, predictions of the imminent decline of shopping centres in Poland have proven premature, says BNP Paribas Real Estate Poland in its latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”.
Full steam ahead, i.e. a snapshot of the 3rd quarter in the industrial and logistics sector.
Z najnowszego raportu BNP Paribas Real Estate Poland wynika, że w pierwszych trzech kwartałach br. odnotowano rekordowy popyt na magazyny wynoszący prawie 4,8 mln m kw.
A serene summer in Regional Office Real-estate
During Q3, the modern office space stock located outside of Warsaw grew by less than 20,000m². Throughout this period, tenants have leased over 113,000m² of space, mainly through the signing of new contracts, or by contract renewals.
THE INVESTMENT MARKE T ON THE GOOD TRACK
In Q3, the commercial real estate investment market revived and was accompanied by a much greater optimism than during the previous periods of 2021. Logistics and industrial space are still the leaders among the sectors.
A ROSIER FUTURE AHEAD FOR COMMERCIAL REAL ESTATE
The commercial real estate market, together with many other economic areas, after being impacted heavily by the Covid pandemic, is undergoing recovery. These positive indicators are also mirrored in the retail real estate sector.
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