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REGIONAL CITIES ARE BURGEONING - interview with Piotr Skuza, an Associate and a Regional Manager of the office agency at real estate advisory firm Savills

Regional cities are burgeoning and seeing record-high office supply levels. What was the situation on Poland’s regional markets like in 2018? Piotr Skuza, a regional manager, Savills office agency: 2018 was a record-breaking year in terms of new office supply in regional cities. In 2018, the overall office supply in Poland’s eight business regions, excluding Warsaw, climbed to more than 512,000 sq m and there was another 940,000 sq m under construction at the end...

Lodz has a new steersman

The first quarter of 2019 brought personnel changes in the Economic Development and International Cooperation Office in the City of Lodz Office. Adam Pustelnik, the former Office Director, has decided to continue his career in the private sector — namely in the real estate sector, where he will continue to undertake a number of actions aimed at promoting the investment attractiveness of Lodz. However, Adam Pustelnik has not said his last word in the office...

Global investors’ appetite for Living assets growing

The latest JLL survey reveals an optimistic year ahead for real estate investment in Europe, with Living predicted to achieve 30% growth this year. This upward trend has been seen in Poland as well

Bank Pekao granted Echo Investment a EUR 65 million loan for the construction of the Face2Face project

The first building of the Face2Face Business Campus office complex in Katowice is reaching its target height, and 93% of its space is already leased or under advanced negotiations with potential tenants. Works on the foundations of the second, higher office building are well underway. The financing of this investment is provided by Bank Pekao.

Cushman & Wakefield was appointed property manager of Horizon Plaza in Warsaw

Global real estate services firm Cushman & Wakefield was appointed property manager of Horizon Plaza in Warsaw. In addition, Cushman & Wakefield delivers project commercialization services for the owner of the building.

Which countries invest in Lublin and in which industries they are strong?

In recent years Lublin enjoys an increased interest of foreign investors, in particular those representing city's priority sectors, including business services, biotechnology, machinery and automotive.

Warsaw’s Służewiec has been going through a metamorphosis

Warsaw’s Służewiec, one of Poland’s largest business districts, has been going through a metamorphosis for some time. Real estate advisory firm Savills has looked at current and planned changes in this area, including vacancy rates at older and newer office buildings, a wave of refurbishments sweeping through half of buildings aged at least ten, infrastructure improvements, as well as hotel and residential developments.

Sagittarius Business House is now BREEAM certified with an excellent rating

Sagittarius Business House, an office building in Sucha Street in Wrocław, has received the BREEAM International New Construction certificate with an Excellent rating. It excelled mainly in transport, energy and water consumption, and waste management. An independent BREEAM audit of the building was conducted by WSP Polska Sp. z o.o. Global real estate services firm Cushman & Wakefield is the property manager on behalf of German-based Warburg-HIH...

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