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Office Market News

Astrazeneca is a new tenant at Equal Business Park

Apollo-Rida, the owner and property manager of the Equal Business Park in Krakow, has signed a lease for nearly 1,000 sqm of office space with global biopharmaceutical company AstraZeneca Pharma Poland. The landlord was advised during the transaction process by real estate advisory firm Savills, the sole leasing agent for office space in the complex.

Office development activity in Warsaw slows down sharply

Cushman & Wakefield has released a summary of office market conditions in Warsaw. This year’s development activity is expected to fall to its lowest in nearly 25 years amid a record number of leases, falling vacancy rates and the continued upward pressure on rental growth. Supply: office development activity is at an all-time low

Office building in Warsaw sold for PRS redevelopment

Octava sold Obrzeżna Center office building in Warsaw to the Polish investor. The price has not been disclosed. Avison Young and Savills jointly represented the seller.

Echo Investment starts construction of Swobodna SPOT in Wrocław

Swobodna SPOT is a new project by Echo Investment at 60 Swobodna Street in Wrocław. There will be a total of 41,600 sqm of leasable space in the project located in the city's business centre. Two office buildings and a green urban walkway connecting them were designed by architects from Kuryłowicz & Associates.

Falck joins Skyliner tenants

Another international company has joined the tenant portfolio of Warsaw’s Skyliner office building. The global healthcare company, Falck, has chosen the building owned by the Karimpol Group as its new office for its IT department in Poland. It will occupy nearly 1,500 sqm of space in the Skyliner.

Phinia chooses Oxygen Park for its new headquarters

PHINIA, a leader in the automotive industry, original equipment manufacturer of world-leading fuel systems and the owner of brands offering aftermarket solutions, has joined the tenant roster of Oxygen Park. The company has leased 500 sqm of modern space in the Warsaw office complex owned by Golden Star Group.

Lincoln’s landmark Warsaw office building the form welcomes first tenant

ING Hubs Poland, one of the global hubs providing technology, data, and risk services to ING units around the world, has become the first tenant at Lincoln Property Company’s flagship office building, The FORM in Warsaw, after agreeing to lease more than 7,000 sqm of space.

Wave building in Gdańsk gains a new tenant

JLL Office Agency enabled Wipro IT Services Poland, a technology services and consulting company, to secure office space in the Wave building in Gdansk. The company will lease more than 3,500 sqm. JLL represented the tenant in the process of negotiating the agreement.

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Dawid Jusupović

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