Łódź is the seventh office market in the country. Today, the city enjoys large city-forming development and mixded-use projects in which the historical buildings of old factories are revitalized. Hence, Łódź offers many interesting loft spaces.
In the revitalized old Norblin factory, nearly 40 percent of the entire area has been already leased. Credit financing granted to the project by Pekao SA bank (99.3 million euro) and the European Investment Bank (60 million euro) was also launched, which together with the own funds of Capital Park Group, the project investor, will fully cover the costs of its construction.
Vastint Poland has received a building permit for the first part of the second stage of Gdynia Waterfront. The scope of work covered by the permit concerns the development of four buildings with underground garages with a total area of 44,000 m2. Two office buildings to be built along the frontage of Waszyngtona Street will provide 14,500 m2 of rentable space, while the next two buildings located in the second building line will house 126 apartments. The expected construction works will start in the spring of 2020.
We want to be wherever our clients are. That’s Cresa’s strategy. We talk a lot to our business partners we advise on the real estate market. They plan to expand into new locations and we want to accompany them on their journey, says Piotr Kaszyński, Managing Partner, Cresa Poland.
It’s hard to keep up with trends as it takes several years to complete an office project from its design to actual delivery. The office market is however doing its best to keep up with changing trends and workstyles by offering bespoke tenant solutions.
According to „Occupier economics: Office market in Wroclaw Q1 2019”, a report published by real estate advisory firm Cresa, Wrocław’s office stock has increased by more than 13% over the year to the current 1.07 million sqm. Although the first three months saw only one completion: City Forum: City One (11,200 sqm, Archicom), by the end of the year additional nine office buildings will be built.
Vantage Development is launching a new project: offices serviced with the WORKO coworking space. The ceremonial opening took place on June 6, and the event was attended by representatives of the start-ups, journalists, contractors and employees of Vantage Development.
A mere 772 million euro - this is what the total volume of transactions completed in Q1 2019 on the domestic commercial property market came to. However, experts at BNP Paribas Real Estate Poland stress that the figure should not be seen as a cause for concern as the market is experiencing great interest from investors willing to invest in Poland’s commercial properties.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
