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Articles - Market Insights

Movement in the office market

Both the market data and the results of the Office Agency Department at Colliers in the first half of 2022 show that tenants' activity in the office market is growing dynamically.

Is the boom on the office market returning?

At the end of the second quarter of 2022, the Polish office market has over 12.6 million sq m. modern space. Traditionally, Warsaw remains the leader in total resources, with eight major regional markets, led by Krakow and Wroclaw, not slowing down. An example is the Tri-City, which in the second quarter of this year. joined the ranks of office millionaires. The market picture shows optimism resulting from the growing demand. AXI IMMO presents a summary of the data for the first half of 2022 on the Polish office market.

PINK sees growth in regional office markets

At the end of Q4 2021, the total modern office stock in the eight most important regional cities (Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin, Szczecin) came to 6,038,800 sqm according to the latest figures from the Polish Chamber of Commercial Real Estate (PINK).

Norblin officially opened

The Capital Park Group has officially completed the revitalization of the Norblin Factory - its flagship project, which returns to the map of Warsaw after several years of design, construction and conservation work. The occupancy permit was obtained for the complex at the end of August.

Office and employees flexibility

The social function of the office is becoming more and more important - this is the result of the second edition of the Antal and Cushman & Wakefield report, which describes trends in, among others, in terms of the flexibility of specialists and managers in terms of working time, place of work, but also the role they occupy.

Poland's investment market is waiting for a rebound

Utmost cautiousness, falling transaction volumes and waiting for the office sector to finally catch its breath and the large retail schemes to redefine their strategies contrast with considerable investor interest in specific retail formats, the dynamic growth of the logistics sector, and strong entry of European players onto the domestic residential rental market. This is what—according to the latest report by BNP Paribas Real Estate “At A Glance: Investment Market in Poland in Q2 2021”, Poland’s commercial property investment market looked like in the second quarter of the year.

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Dawid Jusupović

+48 79 508 5495

Natalia Hyla

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