The Polish office space market situation at the end of Q3 2021 allows for an optimistic view of the sector in 2022. Demand remaining at a similar level to last year and the expected higher absorption of available space are conducive to improving the sector’s performance in the coming months, says AXI IMMO.
Since the start of 2021, around 189,000 sqm of offices were leased on the Bucharest market, of which 70% were for spaces in buildings with green certifications, according to real estate consultancy CBRE Romania.
Masaryčka and Nová Waltrovka, two office buildings that are currently being developed in Prague by Penta Real Estate, will offer the technology solutions of local proptech Sharry.
The Lakeside Park 02 office building, developed in Bratislava's Nové Mesto area by Immocap and WOOD & Company, has reached its full height of 13 floors.
Nearly three out of four employees in Romania now work from their office at least 3 days a week and most of them believe that the return to the office buildings can support the economic recovery, according to a survey by Genesis Property.
More and more companies are returning to their offices by implementing a hybrid model of work. The prolonged use of this working model has translated into a lower volume of transactions. The technology sector still remains the most active. Advisory company JLL summarizes the situation and future development perspectives for the Polish office market at the end of Q3 2021.
Some 54% of employees in Romania prefer a flexible mix that does not overpass 75% of their work time in remote conditions, according to a regional survey commissioned by real estate consultancy CBRE.
Savills has been instructed as the exclusive leasing agent for Crown Square, an office building at 31 Przyokopowa Street in Warsaw’s Wola district, right next to the Rondo Daszyńskiego metro station.
Most Romanians who worked more from home in the past 18 months want to return to the office, citing the lack of socializing with the colleagues as one of the reasons, according to a new survey commissioned by real estate consultancy Cushman & Wakefield Echinox.
Almost 5 000 sqm of office space in Skyliner, Karimpol`s investment in Warsaw will be occupied by new tenants – DXC Technology and Luxoft. Both companies are operating in the field of IT services.
IT company Precisely has 1,000 sqm with 90 workspaces on the third floor of Cavatina Hall A in Bielsko-Biała. Knight Frank advised the tenant during the negotiations.
Brain Park, an office complex developed by Echo Investment will become the new headquarters of PepsiCo GBS Kraków. The tenant will occupy over 5,000 sqm and start operating in the new office in the fourth quarter of 2022.
New appointments
Joanna Lewandowska joined 7R as Head of Construction and Design. She will manage a team of professionals involved in the design and architecture of warehouse and industrial buildings and will also supervise the work of project managers responsible for the execution of 7R investments both in Poland and internationally.
Katarzyna Chwalbińska-Kusek has joined Savills as Associate Director and ESG & Sustainability Lead in Poland. She has been actively promoting sustainable construction principles for 15 years.
Cushman & Wakefield Czech Republic has promoted Lukáš Netolický from the Office team to Partner. Lukáš is Head of Regional Cities CZ at Cushman & Wakefield, leading the firm’s Brno office. His main focus is on the development of its business activities, especially in the office segment.
Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.
