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Office Market News

Office leases on the rise in Wrocław

The leasing volume on the Wrocław office market reached 45,900 sqm in the first half of 2021, accounting for 33.9 pct of the annual average for 2015–2020, according to Cresa Poland.

First building opens in Ocean Office Park

Cavatina Holding has received an occupancy permit for the first building in its Ocean Office Park in Kraków's Zabłocie district.

Skysawa topped

The Skysawa complex at the Rondo ONZ roundabout in Warsaw has been topped off with 40 storeys and a height of 155m.

Centrum Południe is expanding. Skanska begins the second phase of its largest investment in Wroclaw

Over 21,000 sqm of innovative and sustainable office space located on 13 floors, terraces for tenants and a basketball court – this will be the second phase of the Centrum Południe office complex currently being developed by Skanska. Like the existing buildings, the new phase will apply for numerous certificates, including the WELL Core&Shell. Centrum Południe is also an excellent example of an environmentally-friendly office building.

Vacancy rates are rising in Polish offices

The Polish Chamber of Commercial Real Estate (PINK) has published figures summarising office market in eight major regional markets in Poland (Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin, Szczecin) for Q2 2021.

Poland's investment market is waiting for a rebound

Utmost cautiousness, falling transaction volumes and waiting for the office sector to finally catch its breath and the large retail schemes to redefine their strategies contrast with considerable investor interest in specific retail formats, the dynamic growth of the logistics sector, and strong entry of European players onto the domestic residential rental market. This is what—according to the latest report by BNP Paribas Real Estate “At A Glance: Investment Market in Poland in Q2 2021”, Poland’s commercial property investment market looked like in the second quarter of the year.

Koneser up for sale

BBI Development and Liebrecht & Wood have started the process for selling their city-forming Centrum Praskie Koneser redevelopment project in Warsaw’s Praga district.

Commerz Real leases 12,000 sqm to Warsaw’s Municipal Office

Warsaw’s Municipal Office has leased 12,000 square metres in the recently completed Widok Towers in Warsaw. The Technical City Hall will occupy ten of the total of 28 stories in the future. The high-rise complex, which was developed by Austria’s S+B Gruppe, has been owned by the Commerz Real open-ended real estate fund hausInvest since 2014.
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