Office Market News

Cracow, Warsaw and Wrocław with the largest growth in the business services sector and the office segment

Business services sector in Poland currently employs 307 thousand people. According to the data included in the ABSL report - Business Services Sector in Poland 2019, between 1Q 2018 and 1Q 2019 employment in the industry increased with 28 thousand jobs. The increase amounted to 10 per cent. Over half of the created positions were generated by centers located in Cracow, Warsaw and Wrocław (55 per cent). The authors of the analysis predict that in the first quarter of 2020, about 336 thousand employees will work in the sector.

M7 Real Estate extends its cooperation with Savills

M7 Real Estate has appointed real estate services firm Savills as property manager for its recent office acquisitions: Green Park, Mazovia Plaza and Delta 44, thereby extending its cooperation with the advisor.

New office space availability in Katowice to improve soon

According to „Occupier Economics: Office market in Katowice Q1 2019”, a report published by real estate advisory firm Cresa, Katowice’s office stock has increased by nearly 9% over the year to almost 520,000 sqm at the end of the first quarter of 2019. More than 30,000 sqm is expected to be added to Katowice’s office stock by the end of this year.

'Eating in office buildings' report from Colliers International

Food service is becoming an important element of the modern working environment that integrates with its surroundings. It also creates a positive image of offices, seen as places that are accessible and friendly to local communities. In the report ‘Eating in office buildings’ experts from Colliers International have analysed how the group of over half million Warsaw’s employees, who spend half of their day at work, deals with food.

Good times for office tenants in Łódź

Łódź’s office market has been well-balanced in terms of demand and supply for several years. According to „Occupier economics: Office market in Łódź Q1 2019”, a report published by real estate advisory firm Cresa, the office stock of the Łódź market has increased by nearly 8% year-on-year and amounted to 471,200 sqm at the end of Q1 2019. Take-up in the first quarter of 2019 reached 15,100 sqm, up more than 50% on the same period in 2018.

Pavement that fights smog at the High5ive office building

Skanska will build 1 900 m2 of pavement made of the so-called "green concrete", which cleans the air from harmful substances from car exhaust fumes, around the third and fourth building of the High5ive complex in Krakow. The first part of the pavement will be commissioned later this year.

Echo Investment lays cornerstone at Fuzja – a new destination project for Łódź

A symbolic cornerstone for the construction of Fuzja - a unique piece of Łódź that will combine modern urban functions and historical past of Księży Młyn, was laid by Hanna Zdanowska – the Mayor of Łódź and Nicklas Lindberg – CEO at Echo Investment - an investor and developer of the project. The ceremony was also attended by Przemysław Łukasik and Łukasz Zagała - architects of Medusa Group, who developed the urban and architectural concept of the entire project.