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”.
Challenging times ahead for Warsaw offices
In the third quarter of the year, the office stock in Warsaw grew by 99,100 sqm, most of which attributed to one of town’s new symbols – the Varso Tower office skyscraper.
NEW STATE-OF-THE-ART DISTRIBUTION CENTRE IN POZNAN FOR MEGAGROUP/BEVO
MegaGroup Trade Holding BV, holding organisation for European companies dealing in water technics -among which Bevo in Poland-, has signed a lease agreement with MLP Group to lease 23,000 sqm of warehouse and office space.
ARKADIUSZ BIELECKI WILL LEAD THE VALUATION TEAM AT BNP PARIBAS REAL ESTATE POLAND
The new Head of the Valuation department will lead the team offering the full range of valuations for all asset classes of commercial real estate, as well as highest and best use analysis.
WAREHOUSE MARKET IN SEARCH FOR A NEW BALANCE
The warehousing, logistic and industrial space market in Poland grew by approx. 1.15 million sqm in Q2. 4.3 million sqm was still under construction, with one third of which expected to enter the market by the end of this year.
Filters