Real Estate for a Changing World
Amid technological advances, growing client demands, legal regulations and the need to urgently respond to economic developments, the commercial real estate market is increasingly being influenced by AI-based solutions. Sophisticated technological solutions are becoming - and will continue to be - key at all stages of property life.
Poland’s industrial and logistics market is stabilising following the sweeping changes of recent years and is expected to maintain its momentum, reveals At a Glance. Industrial and Logistics Market in Poland, Q3 2024, the latest quarterly report from BNP Paribas Real Estate Poland. Market fundamentals remained stable throughout the third quarter of 2024, with no significant changes in supply, demand or vacancy rates.
Poland’s industrial and logistics market is stabilising following the sweeping changes of recent years and is expected to maintain its momentum, reveals At a Glance. Industrial and Logistics Market in Poland, Q3 2024, the latest quarterly report from BNP Paribas Real Estate Poland. Market fundamentals remained stable throughout the third quarter of 2024, with no significant changes in supply, demand or vacancy rates.
Poland’s commercial real estate market is showing strong signs of stabilisation. According to the report At a Glance. Investment Market in Poland, Q3 2024 from BNP Paribas Real Estate Poland, the total investment transaction volume for January to September 2024 exceeded EUR 2.68 billion, marking a year-on-year increase of nearly 57%, with office assets being the top-performing sector.
Poland’s commercial real estate market is showing strong signs of stabilisation. According to the report At a Glance. Investment Market in Poland, Q3 2024 from BNP Paribas Real Estate Poland, the total investment transaction volume for January to September 2024 exceeded EUR 2.68 billion, marking a year-on-year increase of nearly 57%, with office assets being the top-performing sector.
In the third quarter of 2024, Poland’s regional city office markets demonstrated stability, though elevated vacancy rates remained a significant challenge, hindering development activity. The combined office stock of the eight key regional cities reached 6.73 million sqm. With 1.82 million sqm of office space, Krakow continued to lead the way, ahead of Wrocław (1.37 million sqm) and Tricity (1.06 million sqm).
In the third quarter of 2024, Poland’s regional city office markets demonstrated stability, though elevated vacancy rates remained a significant challenge, hindering development activity. The combined office stock of the eight key regional cities reached 6.73 million sqm. With 1.82 million sqm of office space, Krakow continued to lead the way, ahead of Wrocław (1.37 million sqm) and Tricity (1.06 million sqm).
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.
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.
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”.