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Articles

Law firms bnt and BSJP merge in Poland

bnt attorneys in CEE, an international business law firm with 10 offices in Central and Eastern Europe, and BSJP, one of Poland’s full-service legal practices, have teamed up to create a legal powerhouse. The new firm will operate under the combined brand of BSJP | bnt in Poland.

Office demand in Warsaw returns to levels similar to 2019

The Warsaw office market saw a shrinking volume of space under construction and increasing pressure on rents in 2022. However, according to the latest report by Cushman & Wakefield, the capital's market could see a significant tenant recovery as contracts signed in the record period of 2018-2019 come up for renewal.

Wola Retro to be sold to Adventum Group

Develia S.A. signed a PSPA (preliminary sale agreement) with an entity from Adventum Group for Wola Retro, a prime office building located in Warsaw. The price agreed is ca. €69.8 million. Closing is expected by the end of April 2023.

Warsaw offices are filling up with tenants

Demand for Warsaw offices remains at the level we saw during the market boom, despite the fact that many tenants are optimizing their floor space, says Walter Herz.

New leases dominate the office market in Warsaw

PINK has published figures on the office market in Warsaw for Q4 2022. The data is sourced from advisory companies from the commercial real estate sector (BNP Paribas Real Estate, CBRE, Colliers, Cushman&Wakefield, JLL, Knight Frank, Newmark, Savills) and includes information on modern office stock, new completions, take-up volumes and vacancy rates.

AT Capital Group buys plot for office tower in Warsaw

Savills has advised AT Capital Group on the acquisition of the development plot at the junction of Grzybowska and Żelazna streets in Warsaw for the planned 140-metre-high Liberty Tower.

FLE acquires Kopernik Office Buildings in Warsaw

FLE SICAV FIS, managed by FLE GmbH, has acquired from DWS its fifth office property in Poland – the Kopernik Office Buildings in Warsaw. Knight Frank advised the buyer and Colliers represented the seller. The price remains confidential.

Support for projects in Pilot Tower

G2J Consulting, a Polish consulting company specializing in supporting construction projects, has become the new tenant of the Pilot Tower office building in Krakow. The building belongs to the portfolio of First Property Group.

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