It seems like the entire world has been shut down by the recent coronavirus outbreak. While the situation is unprecedented and dynamic, there are still some ways that property managers can get in front of the challenge and help their tenants stay safe and healthy. This is true for offices but even more true for multifamily and co-living properties, where millions of people are now sheltering in place around the world.
PINK has published figures on office market in eight major regional markets in Poland (Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Szczecin, Lublin) for 2020. The data is sourced from advisory companies from the commercial real estate sector (BNP Paribas Real Estate, CBRE, Colliers International, Cresa, Cushman&Wakefield, JLL, Knight Frank, Savills) and includes information on modern office stock, new completions, take-up volumes and vacancy rates.
Warsaw Trade Tower (WTT), an iconic Warsaw office tower owned by Globalworth, has been awarded a BREEAM In-Use certificate with a rating of ‘Excellent’. As a result, WTT has joined the ranks of some of the most environmentally sustainable office buildings in Poland.
Globalworth, the leading office investor in the CEE region, has added another office block to its portfolio – Podium Park B in Kraków. Built at the end of 2020, the building is one of the most modern as well as one of the most environmentally sustainable office buildings in Poland.
Radical changes have been made over the past 15 years in a work environment. From a space that mainly used to focus on functionality rather than employees‘ comfort, we moved towards fit-outs that reflect tenants‘ daily needs and requirements and often also please them from a design point of view. Not even BREEAM and LEED certificates can surprise anyone anymore.
For the Cavatina Capital Group, the owner of the largest Polish commercial developer, 2020 was a record-breaking year. The group completed transactions worth 206.5 million euros, as well as attracting record-breaking leases, launching three multifunctional projects and starting with its project of an apartment lease platform, which will deliver over 2200 units to the market. The company currently has a commercial project portfolio of 500 000 square meters and intends to double this number within the next five years.
Even though other industries have been largely disrupted by technology (think Facebook, Uber, Netflix and Spotify), for a long time, the real estate market had no real pressure to quickly innovate, implement technologies or even conceive a digital strategy. "Then 2020 came. The COVID-19 crisis has completely changed the perception and need for technology in every part of our lives and this time, including real estate. As a result, tenant experience has gained momentum," says Lukas Balik, co-founder and CEO of Spaceflow.
Kassák Residence awaits its residents with a pioneering community mobile application, here the apartments also come with plenty of community services, of which this application is a part.
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