C&W: tenants in Poland look for two-room apartments

28
Jun
2021
News - C&W: tenants in Poland look for two-room apartments #Cushman&Wakefield #Poland #rental #residential #survey

by Property Forum | Residential

56% of the respondents are looking for two-bedroom flats, reveals a survey from Cushman & Wakefield carried out by SW Research on a representative sample of the inhabitants of the largest Polish cities.


The survey commissioned by Cushman & Wakefield shows that 18% of the respondents are renting a flat or a house (567 out of 3,078). Two-bedroom flats built to a higher standard and with a balcony, a terrace, a garden or nearby green areas are a clear leader – they are favoured by more than half of the respondents.

What homes are tenants looking for?

Definitely two-bedroom flats. Over 56% of the respondents currently live in such units and a vast majority find them to be the right size for them. 36% think the properties they are renting are too small. Only a handful of the respondents have admitted that they could live in a flat that is too big. Looking for another home to rent, respondents will largely be searching for two or three-bedroom flats: 42% vs 38%. Only 6% would like to live in studio flats.

Most renters of studio flats are under 34 years old. Respondents from this age group are also largely renting three and four-bedroom flats or bigger, which may be indicative of co-living.

The survey questionnaire was prepared on the basis of issues raised by residential market experts of Cushman & Wakefield and the survey was carried out using the CAWI method (Computer-Assisted Web Interview) on the users of the online SW Panel between 19-24 March 2021 and 9-20 April 2021. The sample included 3,078 Polish citizens aged 18+ in six cities (Warsaw, Krakow, Poznań, Łódź, Tricity, and Wrocław). Detailed questions were asked to 1,031 respondents who were renting or planning to rent a home; the demographic profile of the sample is in line with that of renters in large cities.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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