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Warsaw office market stable despite low supply and growing occupier expectations
Leasing activity on the Warsaw office market continues unabated despite low new supply levels, pushing the vacancy rate down to 10.7%. Meanwhile, pre-lets are on the rise, indicating growing occupier interest in office buildings under construction, reveals “At a Glance – Warsaw Office Market” for Q3 2024, the latest quarterly report from BNP Paribas Real Estate Poland.
Investing In Poland to turn the corner
The Polish commercial property investment market is likely to bounce back in 2024. Investment financing costs are lower following a period of easing inflation and stable interest rates in recent months. The market is expecting a recovery, reveals “Investing in Poland 2024”, a report from BNP Paribas Real Estate Poland.
Q1 2024: investment activity to recover amid a positive outlook for H2 2024
Despite a weak performance in the opening months of 2024, the Polish commercial real estate market is showing signs of stabilisation, with investment activity expected to bounce back in the second half of the year, reveals “At A Glance – Investment Market in Poland, Q1 2024”, a report from BNP Paribas Real Estate Poland. Investors’ interest continues to focus on logistics and industrial assets, with a further boost to this sector likely to be provided by planned legislation changes.
Klockownia edutainment centre opens at Górczewska Shopping Centre on 1 June!
In March 2024, Klockownia edutainment centre signed a lease for 1,100 sqm at the Górczewska Shopping Centre, at ul. Górczewska 218 in Warsaw. With so much space, its format was extended to include an interactive construction play area. The grand opening of the new Klockownia is scheduled for 1 June and will include a number of attractions.
Regional city office markets after the first quarter
An overview of modern office stock, new completions, leasing volumes and vacancy rates paints a picture of caution on Poland’s regional city office markets, reveals “At A Glance – Regional City Office Markets Q1 2024”, the latest report from BNP Paribas Real Estate Poland.
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