ARTICLES LABELLED WITH TAG Axi Immo

News Polish industrial market awaits a change in trends
29
May
2024

Polish industrial market awaits a change in trends

by Property Forum
Poland's industrial market remains steady and adapts its growth rate to the macroeconomic conditions in both the local and European markets. The gross take-up statistics, which stood at 870,000 sqm at the end of Q1 2024, demonstrated the restricted growth of businesses in the industrial and logistics sectors. Developers supplied about 850,000 sqm between January and March 2024, which prompted Axi Immo analysts to report a slight increase in vacancy rates to 8.2%. The industrial sector has more than 32.7 million sqm of total stock. Nonetheless, a further 2.3 million sqm are still being built.
Read more >
News Polish industrial market slows down, but remains strong
15
Mar
2024

Polish industrial market slows down, but remains strong

by Property Forum
After the very successful years of 2021 and 2022, known as the golden period of development of the industrial market in Poland, 2023 was a period of greater challenges due to a change in the macroeconomic situation. The main reasons were high inflation, which affected the purchasing power of consumers, persistently high-interest rates, and uncertainty over the eastern border. The market grew, but at a slower pace, especially in the first half of the year, to accelerate at the end of 2023. Development activity in January-December 2023 amounted to 3.7 million sqm (-16% y/y), and as a result, the sector's total stock rose to 31.7 million sqm (+13% y/y). Another 2.8 million sqm (-16% y/y) remains under construction, about half of which is not under signed lease. Gross take-up (which does not include short-term leases) amounted to 5.6 million sqm, and despite a lower result versus 2021-2022, it was significantly higher than in the pre-pandemic period, i.e., 2018-2019, says Axi Immo. 
Read more >
News Regional office markets in Poland attract tenants
23
Feb
2024

Regional office markets in Poland attract tenants

by Property Forum
In 2023, on Poland’s largest eight regional office markets, developers delivered 280,000 sqm (-31% y/y). It’s bringing the sector’s total stock to 6.68 million sqm (+4% y/y). The new supply slightly increased the vacancy rate, stabilizing around 17.5% (+2.2 pp. y/y) at the end of December 2023. The largest concentration of tenant activity was observed in the largest regional office markets, i.e., Kraków, Wrocław, and the Tricity (about 70% of gross demand), where, in total, companies leased about 520,000 sqm out of 750,000 sqm of all signed contracts in 2023, says Axi Immo.
Read more >
News Nearly 75% of new offices in Warsaw are built in Wola distrcit
31
Jan
2024

Nearly 75% of new offices in Warsaw are built in Wola distrcit

by Property Forum
As of the end of 2023, Warsaw remains the leader in Poland’s office market, but the 61,000 sqm (-74% y/y) completed in the last 12 months was one of the lowest results in its history, says Axi Immo. The developer’s lower activity period seems to be over, as by 2026, some 150,000 sqm of new supply should be delivered each year. After a very good 2022, 2023 was not much worse. Between January and December 2023, tenants signed contracts for about 750,000 sqm, meaning the total volume of transactions was slightly 13% lower than the year before. Continued low supply in 2023 and stabilizing demand reduced the vacancy to 647,000 sqm (-11% y/y).
Read more >
News Poland's industrial market enters new phase of maturity
22
Dec
2023

Poland's industrial market enters new phase of maturity

by Property Forum
Poland’s industrial sector slowed in 2023, but the market hopes to rebound in 2024. After the peak of take-up and supply in the so-called COVID period falling in 2020-2022, the logistics and manufacturing market has returned in many values to those observed in 2018-2019, says Axi Immo. 
Read more >
News Gross demand on Poland's office market remains stable
21
Dec
2023

Gross demand on Poland's office market remains stable

by Property Forum
Axi Immo has presented six key trends on the Polish office market with a presentation of estimates for the sector at the end of 2023.
Read more >
News Żubr Estate in Kraków to come to new life after nearly 16 years
06
Dec
2023

Żubr Estate in Kraków to come to new life after nearly 16 years

by Property Forum
After nearly 16 years, the site of the unsuccessful “Żubr” housing estate project in Podłęże near Kraków is back in use and changing its purpose. The new plan for the site is an international logistics service centre. MCG EastBridge, a new company within the Maszoński Logistic Group, has already begun operations in the region, Axi Immo reports.
Read more >
News Polish warehouse market waits for better times
27
Nov
2023

Polish warehouse market waits for better times

by Property Forum
The Polish industrial and logistics market is transitional between economic shifts. Demand for warehouse space declined primarily in the first half of 2023, with a resurgence in Q3, resulting in aggregate demand for the first three quarters of this year of 3.75 million sqm (-25% y/y, Q1-Q3 2022). Higher investment financing costs are affecting the volume of space under construction, with developers developing 2.5 million sqm at the end of September 2023 (-36% y/y). It also impacts the volume of space delivered, which amounted to 3.12 million sqm from January to the end of September (-13% y/y Q1-Q3 2022), says Axi Immo. 
Read more >
News Office tenants choose the centre of Warsaw
31
Oct
2023

Office tenants choose the centre of Warsaw

by Property Forum
From January to the end of September 2023, the total demand for modern office space in Warsaw amounted to nearly 0.5 million sqm. Tenants often choose two contract options, i.e., they relocate to a new space or decide to renegotiate existing terms. The vacancy rate is decreasing, standing at 10.6% at the end of September 2023. On the supply side, developers delivered just over 20,000 sqm to the capital's office market in January-September 2023, indicating a supply gap period in Warsaw. Nevertheless, more than 240,000 sqm is under construction, most of which will be completed by the end of 2025, says Axi Immo. 
Read more >
News AXI IMMO enters alliance with UK’s Carter Jonas
05
Oct
2023

AXI IMMO enters alliance with UK’s Carter Jonas

by Property Forum
AXI IMMO, an advisory firm operating in the Polish commercial real estate market, and British property consultancy Carter Jonas have formed an alliance, with both firms aiming to strengthen their cross-border activities.
Read more >

Latest news


New leases

  • In June, two new outlets will open in Outlet Lublin. Ochnik has decided to expand its existing shop to 350 sqm. Fabryka Ogólnego Rozwoju has joined the tenants of the facility and leased 770 sqm.
  • Warsaw's Skyliner has gained a new tenant. Xperi, an American technology company, will occupy nearly 3,000 sqm of space in the office building.
  • Business Services Center, a networking organisation for Polish entrepreneurs under the banner of BNI, BNI+ and Corporate Connections, has joined the group of tenants in the DL Tower building in Katowice. The company will occupy a space of 240 sqm.

New appointments

  • SVN Romania appointed Gabriel Voicu (Executive Vice President), Victor Vremera (COO) and Mircea Marin (Senior Sales Project Manager) as partners of the New Homes Division. The three have provided consultancy services for residential projects counting 20,000 residential units with a combined investment of over €1 billion.
  • STERENN, a consultancy firm specializing in hospitality market entry and real estate asset sourcing, proudly announces the addition of Bryan Wilson to its Advisory Board. Bryan Wilson brings a wealth of expertise in real estate transactions, particularly within the hospitality sector. He co-founded Wilsons, a prominent law firm in Prague, and is a UK-registered lawyer and now heads up the CEE region for DUAL Asset, transactional risk insurers.
  • MLP Group’s management team has added new members - Katarzyna Misztal (Leasing Manager), Paweł Reszczyński (Senior Land Acquisition Manager), Zuzanna Pukaluk , Mateusz Sobczak (both a Project Managers) and Szymon Grochowski ( Land Acquisition Manager). In their new roles, they will be entrusted with land acquisition and preparation for upcoming projects, oversight over construction and project work, space commercialisation and tenant relationships.

ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

Sign up today for the latest news

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.

 

Property Forum © 2017 – 2024 | Terms & conditions | Privacy policy