The first half of 2020 was the strongest on record for the warehouse and industrial market in Poland, says Savills. Despite COVID-19 challenges, take-up set an all-time high halfway through the year. In addition, the leasing volume and the amount of new space coming onto the market were higher in Q2 than in the first three months of the year.
CEE investment volumes for the first half of 2020 reached ca. €6.26 billion. This figure was boosted by two large portfolios totalling in excess of €2.2 billion, with Poland and the Czech Republic taking a 78% share of the CEE-6 total. According to Colliers International's latest report, investor appetite remains strong for CEE but a cautious approach is still being applied as markets try to settle.
Due to the lockdown caused by the outbreak of the COVID-19 pandemic, most companies embraced a remote working model and scaled-down business activity. How did this affect the Polish office market? Cushman & Wakefield presented a summary of H1 2020.
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