Quick Request

Request an offer from the selected offices. Click on the icon to add more offices.

Selected Offices:
No offices selected.
Add to plan »
(m2) (m2)

Officebuilding Filter

Rent (€/m2/month)

-

Office Space (m2)

-

Workstation cost (db)

-

Number of workstations

Articles - Savills

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 of last year. At the end of December 2018, total office stock in Poland’s core regional cities (Krakow, Wrocław, Tricity, Katowice, Poznań, Łódź, Lublin and Szczecin) reached 4.9 million sq m. Office developers are stepping up their activity, driven among other things by the growing employment in the BPO/SSC sector, which -according to ABSL’s data - currently employs nearly 279,000 people. Growth in employment in this sector continues unabated, registering an annual rate of approximately 30% and fuelling further demand for office space. Another strong sector is IT, which dominated on the regional markets in 2018, accounting for 34% of all office lease transactions. In addition to Krakow and Wrocław, other cities are also seeing substantial increases in new office supply. Which regional cities are likely to grow the fastest in the near future? Krakow and Wrocław are indisputably the largest regional city office markets with 1.26 million sq m and 1.05 million sq m of office space, respectively. The two cities also recorded the highest supply levels in 2018: 155,200 sq m in Krakow and 146,600 sq m in Wrocław, and the largest volumes of space under construction: 247,000 sq m and 222,000 sq m, respectively. The next biggest markets are Tricity (775,000 sq m) and Katowice (519,300 sq m), followed by Katowice-sized Poznań (479,100 sq m) and Łódź (468,900 sq m). Of the eight regional cities, the two smallest markets are Lublin (194,300 sq m) and Szczecin (159,400 sq m). Besides Krakow and Wrocław, Tricity has the strongest development pipeline of nearly 145,000 sq m. The largest projects currently underway and expected to be delivered in the near future include Alchemia IV Neon, developed by Torus, Olivia Prime B (another office building of the Olivia Business Center) and Wave, the first office project of Skanska Property Poland in Tricity. At the end of 2018, there was nearly 110,000 sq m under construction in Poznań. The biggest projects in the pipeline comprised the second phase of Business Garden Poznań, completed in March 2019 (45,000 sq m, Vastint) and Nowy Rynek A and B (approx. 35,000 sq m, Skanska), the latter now fully let following two large pre-leases. For Poznań, 2018 was not a peak year in terms of supply growth. Office supply barely topped 21,000 sq m delivered across three schemes: Pixel IV and V, Palacza Office and Garbary 67, a revitalised historic office building. Despite this, Poznań retains its strong position on the office map of Poland.     Source: Savills

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.

M7 Real Estate extends its cooperation with Savills

M7 Real Estate has appointed real estate services firm Savills as property manager for its recent office acquisitions: Green Park, Mazovia Plaza and Delta 44, thereby extending its cooperation with the advisor.

Savills takes over property management of Marynarska Point I

Real estate advisory firm Savills has been appointed a new property manager of Marynarska Point I in Warsaw’s Mokotów district.

World disruption impacts global real estate

Cities in India, China and the Middle East growing more resilient and offer investors long-term opportunities - within 10 years China will occupy 43 spots in Savills Top 100 Resilient Cities ranking. New York, Tokyo, London, Los Angeles currently Savills top four cities most resilient to global disruption now and in 2028, but ‘challenger cities’ rising fast. The dynamic economic growth of major urban centers in Poland is giving real prospects for higher returns on investment in commercial real estate than in major centers business of the old world order.

Rise.pl is opening another location in Krakow

Rise.pl, a flexible workplace provider, is opening another location in the very heart of Krakow, opposite the Galeria Krakowska shopping centre and the Main Railway Station, in early July 2019. The firm has leased all of the building (1,640 sq m) located at 9 Kurniki Street. Real estate advisory firm Savills advised on the transaction.

Warsaw office market waiting for next spectacular lease transactions

After record-breaking 2018, Warsaw office market is catching its breath and getting ready for new spectacular deals and openings. During Q1 2019, three new office buildings were completed and further 775,000 sq m is currently under construction, says global real estate advisory firm Savills.

Contact Us

Do You Have Any Questions?

phone-icon

Dawid Jusupović

+48 79 508 5495

Natalia Hyla

+48 57 033 8978


Validation

Cookie settings icon

Your choice regarding cookies on this site

We use cookies to optimise site functionality and give you the best possible experience.

This site uses cookies to store information on your computer.

Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.

Necessary Cookies

Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.

Analytics

Analytical cookies help us to improve our website by collecting and reporting information on its usage.

Marketing

We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.

Social Sharing Cookies

We use some social sharing plugins, to allow you to share certain pages of our website on social media.