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Office Market News

Large New Work at Piotrkowska

New Work has leased four floors of Hi Piotrkowska, the tallest utility building in Łódź. The company will occupy a total of nearly 5,000. sq m, which it intends to ultimately transform into office space for flexible lease.

Demand is rising, supply is lagging behind

In the first half of the year, the demand in the Warsaw office market reached over 485 thousand. sq m, which is almost twice as much as in the same period in 2021 - according to the latest CBRE data. At the same time, over 260,000 sq m is currently under construction. sqm area - at least in 10 years.

Record result for the ISS

ISS Hub, the second global seat of the ISS Group in Warsaw after Kopehnhaga, was evaluated by Mobility Mojo, an organization analyzing facilities that improve the accessibility of places for people with disabilities. The office received the highest-ever rating and certification at the "Platinum" level.

Office space in Krakow attracts tenants

According to data from Knight Frank, the Krakow office market in the first half of 2022 increased by 47.7 thousand. sqm., and 170,000 sq m is under construction. sqm During this period, new tenants signed contracts for 109,000 sq m. sqm surface.

A good quarter in the capital

The growing demand, a downward revision of the vacancy rate, an increase in the share of contract extensions in the structure of signed contracts and limited supply - these factors mainly shaped the image of Warsaw offices in the second quarter of the year. The authors of the report from BNP Paribas Real Estate Poland also draw attention to the already visible consequences of the supply gap and the need for a much broader consultancy in the field of searching for and renting office space.

The hybrid mode wins

The office market is still feeling the effects of numerous transformations that have taken place over the past two years. Companies are reorganizing their offices and introducing new work models. According to the Cushman & Wakefield report, "What is the future of offices?", 59 percent office tenants will ultimately implement a hybrid work model (it is 14 percentage points more than last year).

Work together in Łódź

The Łódź office market has been enriched with a new project. Ogrodowa8 Cowork was created by Memos, a company of the Warimpex group. In the first stage of the project, future tenants will be offered workplaces in furnished two-, three- and five-person offices.

Hybrid-friendly office

The hybrid model is gaining more and more popularity - according to the second edition of the survey of office buildings tenants conducted by Cushman & Wakefield. Experts emphasize that the basis is skilful change management, analysis of real needs and communication with employees.
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