As of July 2024, the Labor Office of the City of Warsaw will be located in its new headquarters - the Renaissance Plaza office building at 18/20 Kasprzaka Street in Warsaw's Wola district. The institution has leased more than 3,700 sqm of space, occupying three floors: the first floor with a dedicated reception desk, the second floor and level -1, where the archive will be located.
According to a report by consulting firm Newmark Polska, "Office Occupier - Office Market in Warsaw, Q1 2024," the Warsaw office market is entering a period of intensified activity in the conversion and modernization of office buildings. As the availability of offices in central locations declined in the first quarter of this year, tenants' interest in office buildings located outside the center increased. Developer activity remains stable, though relatively low for Warsaw, with a significant concentration in central zones, which account for almost 90% of the total volume of office space under construction.
Already 64% of Warsaw’s office buildings offer at least one retail or service unit, reveals Cushman & Wakefield. With new retail supply remaining low across Warsaw, retailers and service providers are increasingly looking for alternative locations. In addition, recent years have seen a significant shift in user preferences regarding the use of office space and types of services available in office buildings.
In the Cube Office Park complex in Gdansk, modern serviced offices called Cube Flex have been inaugurated in an area of 800 square meters. Already 50% of these spaces have found tenants.
The Bridge skyscraper, located in Warsaw's Wola district, has reached its full height of 174 meters.
Construction of the last technical floor has been completed, and installation and finishing works are currently underway. A veined glass façade already covers 18 floors of the planned 40, which together offer 47,000 sqm of office space. Each floor is unique thanks to the building's sculpted massing. Jaroslaw Zagorski, managing director of Ghelamco Poland, stresses that The Bridge stands out from other Warsaw skyscrapers and will become a recognizable element of the city.
The Studio office building, Skanska's latest Warsaw project, is the new - second in the capital - location of the premium flexible office operator. Business Link provides future tenants with nearly 2,900 sqm of modern flexible space with up to 400 workspaces.
Futureal Investment Partners, a member of Futureal Group, has finalized the ESG repositioning of its Wratislavia Tower in Wrocław, Poland. During the process, the building also received a BREEAM Excellent in-use certificate. The retrofitting project followed Futureal's "Office Impact Strategy," whereby older office buildings are being redeveloped to meet modern ESG market standards.
Solida Capital Europe announced the acquisition of the Grójecka 5 office building in the centre of Warsaw, spanning approximately 11,500 gross leasable area. The price has not been disclosed.
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