Articles

Real estate investments in Q1 2019: Last Year's trends on the Polish commercial property market gain momentum

Global real estate services firm Cushman & Wakefield presents commercial real estate investment volumes. Approximately EUR 754m was invested in Polish commercial property in the first quarter of 2019. The office sector turned over EUR 536m, accounting for more than 70% of the transaction volume; Demand for retail assets slowed down in Q1 2019; 2019’s investment volume is expected to be on par with that recorded in 2018. “The investment volume hit approximately EUR 754m in the first three months of 2019, of which over 70%, or EUR 536m, was invested in office assets. Although the first quarter’s result accounts for just a little more than one third of that recorded in the same period last year, the Polish market is likely to see an equally strong performance this year as in 2018 given pending transactions, the level of investment activity and asset availability,” says Marcin Kocerba, Associate, Capital Markets, Cushman & Wakefield. According to global real estate services firm Cushman & Wakefield, office and hospitality assets attracted the strongest investor interest. Hospitality investment volume hit more than EUR 143m, which represented more than a threefold increase on the same period last year (approximately EUR 43m). The office sector saw an almost fourfold increase with nearly EUR 536m traded in Q1 2019 compared to approximately EUR 142m in Q1 2018. Retail attracted only EUR 36m in Q1 2019. The investment activity in the industrial sector reached EUR 39m in the first three months of 2019, down from approximately EUR 135.2m recorded in Q1 2018. “Last year’s trends gained momentum in the first quarter of 2019 with high levels of investment activity on the office and industrial markets, and an increased interest in alternative assets such as hotels, PBSA and PRS. Investors are far more cautious about the retail sector with demand being highly selective,” says Marcin Kocerba. Source: Cushman & Wakefield

EPP and Echo Investment opened Galeria Młociny

EPP and Echo Investment opened Galeria Młociny in Warsaw today, to the delight of thousands of guests which thronged Warsaw’s hottest new destination. Galeria Młociny gives Warsaw residents access to more than 200 stores with a mix of quality brands that appeal to every budget alongside one of the city’s most ambitious food and beverage projects.

$It is official. Let’s walk together! Co\Walk HUB has been opened.$

It is official. Let’s walk together! Co\Walk HUB has been opened.

When Steve Jobs made key decisions for Apple, he took his colleagues for a walk. It is the active way of acting and the culture of cooperation that Co \ Walk HUB promotes - a new space for work, learning and development for freelancers, startups and young companies from the technology industry, which complemented the creative eco-system OFF Piotrkowska Center in Lodz.

Nordeus Offices in New Smart Building

Inspiring Offices - every week with you we share the most interesting offices around the world!

8 Polish cities that are the most popular with investors

Results of research into the investment potential of Polish cities. Antal's Business Environment Assessment Study analysed the business environments of Warsaw, Wrocław, Poznań, Łódź, Tri-City, Kraków, Szczecin and Lublin. Foreign investment in Polish cities is mainly dependent on their employment potential, infrastructure, availability of offices and the growth of local businesses. How well did Polish cities fare?