Articles
Office developments in Warsaw: analysis and trends in late 2024
In the fourth quarter of 2024, Warsaw’s office market continued to experience stable occupier demand amid constrained new supply, with tenants seeking to secure spaces in the city centre and expecting sustainable solutions, reveals “At a Glance: Warsaw Office Market, Q4 2024”, a report from BNP Paribas Real Estate Poland.
Record office leasing and new spaces marked in the third quarter of 2023
The volume of leased office space reached a new record high in the third quarter of 2023. The total transaction volume increased by more than 85% compared to the same period last year.
Scarcity of new office space and lease renegotiations - Warsaw's office space market in the third quarter of 2023
The Warsaw real estate market concluded the third quarter with a total office space supply of 6.2 million sqm. Merely 1,900 sqm were introduced for use as part of the S-Bridge Office II project.
Polish industrial and logistics market enters the European top three
With its total warehouse, industrial and logistics stock surpassing 30.6 million sqm at the end of June 2023, the Polish market entered the European Union’s top three.
Office developers and tenants remain cautious
Leasing activity in Poland’s regional city office markets remained stable in the April to June period while developers continued to exhibit caution with regard to commencing new projects.
Filters