The record-breaking era of the Polish retail sector is over now. The market is shaped by limited supply, increased competition, the growth of e-commerce and the aftereffects of the ban on Sunday trading. As pointed out by experts at BNP Paribas Real Estate Poland, in H1 2018 developers operating on the Polish market completed and delivered approx. 191 000 sqm of modern retail space, out of which 110 000 sqm appeared on the market between April and June. As expected, further 300 000 sqm of new supply will be delivered by the end of the year.

How do you incorporate the creation of an office into your business strategy as to support the growth of the organization and those that form it? Karolina Dudek from the Office Agency department at BNP Paribas Real Estate and Szymon Boniecki and Bartosz Rega from Monterail provide answers in a market report to be published in September.

Poland’s warehouse and logistics market is truly booming at the moment. The data for the first half of 2018 shows that, following last year’s success when the total volume of modern warehouse space increased by 21%, the market is not slowing down, according to BNP Paribas Real Estate Poland.

BNP Paribas Real Estate Poland represented First Property in the successful acquisition of Krakow Business Park (KBP).

The landlord representation team at BNP Paribas Real Estate Poland will be responsible for leasing vacant space as exclusive agent in the Europlex and Irydion office buildings and the A building in the Wiśniowy Business Park complex in Warsaw.

BNP Paribas Real Estate in CEE announced the appointment of Marcin Klammer as CEO, effective on June 4th, 2018.

Valuers are often listed among the professionals most likely to be affected by technology but few believe that all of their tasks can be done by robots. Stewart Thomson, Country Head for the Czech Republic at BNP Paribas Real Estate shared his expectations for the investment market and the future of the valuation business.

Nearly 55% of last year’s supply of new offices in Budapest came in the form of two schemes: Timpuri Noi Square I & II (33 000 sqm) and The Bridge (36 000 sqm). It is thanks to these developments that the total office stock in Romania’s capital reached the threshold of approx. 3.2 million sqm. BNP Paribas Real estate’s analysis highlights that tenant expectations in respect of high-quality space made developers focus mainly on supplying Class A office buildings to the market.

Marek Pohl assumed the role of Head of the Valuation Department at BNP Paribas Real Estate in Prague, thus obtaining a promotion from the position of Senior Property Valuer.

The retail consultancy department of BNP Paribas Real Estate Poland, extends its competences and offers with a fully comprehensive platform RAM (Retail Active Management). It will support retailers, developers, investors and managers. The scope of activities of the new department that focuses on strategic consultancy, will be led by Fabrice Paumelle.