ARTICLES LABELLED WITH TAG BNP Paribas Real Estate

News Polish regional office markets to outpace Warsaw
27
May
2024

Polish regional office markets to outpace Warsaw

by Property Forum
Only 31,000 sqm of new supply was delivered through two projects during the three months to March 2024, bringing the combined office stock of Poland’s eight largest regional cities to 6.7 million sqm at the end of the first quarter, say BNP Paribas Real Estate experts. The new completions were Echo Investment’s Brain Park C (13,000 sqm) in Kraków, which is the second largest office market in Poland after Warsaw, and Cavatina Holding’s Quorum Office Park A (18,000 sqm) in Wrocław – the third biggest.
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News New offices in Warsaw to become a rare commodity
23
May
2024

New offices in Warsaw to become a rare commodity

by Property Forum
BNP Paribas Real Estate Poland presented a summary of the opening months of 2024 in the Polish capital. The Warsaw office market is evolving as office availability has been shrinking considerably in recent years. The first quarter of 2024 saw a slower pace of service charge growth, longer leases and the refurbishment of obsolete office stock.
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News Investors continue to target retail parks in Poland
21
May
2024

Investors continue to target retail parks in Poland

by Property Forum
Retail parks continue to attract strong investor interest and remain the most popular retail format on the development market. Meanwhile, new brands are entering the Polish retail market, which is also seeing the rise of AI-powered solutions, say BNP Paribas Real Estate experts in their latest report. 
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News Polish warehouses remain in demand despite the market shrinking
13
Mar
2024

Polish warehouses remain in demand despite the market shrinking

by Property Forum
Demand and supply slowed during the last quarter but remained relatively strong, reveals the latest report from BNP Paribas Real Estate Poland. Both vacancy and rental rates edged up by the end of 2023. Looking ahead, urban warehouses and built-to-suit projects will increase in popularity.
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News Polish investment market under pressure from geopolitical backdrop
28
Feb
2024

Polish investment market under pressure from geopolitical backdrop

by Property Forum
According to experts from BNP Paribas Real Estate Poland, Poland’s economic outlook remains stable but the global geopolitical situation and high interest rates across Europe continue to hamper a quick rebound in commercial property trading and large-scale transactions. Last year’s results confirmed a fall in liquidity for the CRE sector in Poland.
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News Modern retail market in Poland is in good shape
22
Feb
2024

Modern retail market in Poland is in good shape

by Property Forum
According to the latest quarterly report by BNP Paribas Real Estate Poland, the closing months of last year saw heightened development activity and many retailer debuts on the Polish retail market. Retail parks accounted for 80% of the new retail floor space supply.
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News Pipeline shrinks in Poland's regional office markets
15
Feb
2024

Pipeline shrinks in Poland's regional office markets

by Property Forum
Although the office development pipeline in Poland’s eight largest regional city markets is clearly shrinking, it is still above that for Warsaw, says BNP Paribas Real Estate Poland in its laterst report. Another notable development of the last quarter of 2023 was that the overall regional vacancy rate hit an all-time high by the end of December.
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News Low supply in Warsaw office market faces heightened occupier activity
09
Feb
2024

Low supply in Warsaw office market faces heightened occupier activity

by Property Forum
The volume of vacant office space in Warsaw is shrinking as the number of office buildings under construction and delivered to the market is low and occupier demand remains stable, reveals BNP Real Estate Poland in its quarterly report. Meanwhile, older office buildings are undergoing refurbishment as approximately 70% of existing stock is energy inefficient.
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News The rally of the black swans must come to an end at some point
28
Sep
2023

The rally of the black swans must come to an end at some point

by Michał Poręcki
How long will the cooling off in the investment market last? What are the main factors currently shaping demand? Which projects will banks lend money for today? In an interview with Property Forum, BNP Paribas Real Estate experts Małgorzata Fibakiewicz and Tomasz Arent summarised the current situation in the retail and warehouse sectors in Poland.
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News Poland's retail market  is slowly moving forward
17
Feb
2023

Poland's retail market is slowly moving forward

by Property Forum
The end of the year for retail real estate in Poland was marked by a rise in inflation and the various consequences that followed it, increases in energy prices and the effects of the war in Ukraine.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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