ARTICLES LABELLED WITH TAG Cushman&Wakefield

News Office space availability in Warsaw to shrink in 2025
27
Jan
2025

Office space availability in Warsaw to shrink in 2025

by Property Forum
Cushman & Wakefield agency has summarised the situation on the Warsaw office market in 2024, a year marked by subdued development activity leading to a gradual decline in office space availability. At the same time, leasing activity remained consistent with 2023’s level. According to Cushman & Wakefield, these trends are likely to continue this year.
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News Challenges on Prague office market persist
27
Jan
2025

Challenges on Prague office market persist

by Property Forum
Vacancy rate in the Prague office market decrease in Q4 2024 has been the largest since 2018, reports Prague Research Forum in its Office Market Figures for Q4 2024 and 2024. The report has also revealed the record annual take-up and the overall situation of the market. 
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News New retail supply in Poland reaches long-time high
24
Jan
2025

New retail supply in Poland reaches long-time high

by Property Forum
Cushman & Wakefield has summarised the situation in the Polish retail market. Over half a million square meters of new retail space came on stream last year, marking the highest new supply level in Poland since 2015. This robust development activity occurred amid rising demand from new retailers and improving consumer sentiment which boosted retail sales.
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News Bratislava's resi market records strong quarter
20
Jan
2025

Bratislava's resi market records strong quarter

by Property Forum
Bratislava's residential market has recorded the strongest quarter since the pandemic period. Sales in Bratislava have grown for the fifth quarter in a row, according to the report prepared by BuiltMind in collaboration with Cushman & Wakefield.
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News Czech retail market works as gateway for expansion
07
Jan
2025

Czech retail market works as gateway for expansion

by Property Forum
According to a survey by Cushman & Wakefield tracking new entries for 11 years, 47 brands have entered the Czech market in 2024. This is the highest number of brands to enter the Czech market, compared to 40 in 2023. 
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News Polish office market stabilises with potential for growth
18
Dec
2024

Polish office market stabilises with potential for growth

by Property Forum
According to the latest report from Cushman & Wakefield, office demand across Poland’s office markets is expected to remain stable in the near future, on a par with the levels recorded in 2022-2023, with vacancy rates anticipated to edge down in both Warsaw and regional cities amid gradual market stabilisation. Office development activity is likely to remain subdued in the coming years, creating new opportunities for office stock refurbishment. Despite this, the Polish market offers some of the finest-quality office spaces in Europe. For example, Cushman & Wakefield reveals that the percentage of office stock in Warsaw at risk of becoming obsolete by 2030 is low, at 40%. By comparison, the average for seven key Western European markets (Amsterdam, Barcelona, London, Madrid, Milan, Paris and Stockholm) is nearly twice as high, at 80%.
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News Gránit Asset Management buys historical building in central Budapest
17
Dec
2024

Gránit Asset Management buys historical building in central Budapest

by Property Forum
Gránit Asset Management has completed the purchase of the historical Exchange Palace building in Budapest, from private investors, for an undisclosed sum.
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News Polish industrial market needs optimisation
12
Dec
2024

Polish industrial market needs optimisation

by Property Forum
According to data from Cushman & Wakefield, a third of Poland’s approximately 33 million sqm of industrial stock was built in the last three years, with half of it less than five years old. Despite being young, the Polish industrial market is very mature, necessitating industrial asset owners to embrace appropriate optimisation strategies and cyclical risk assessments. Key to this process is the adoption of a multifaceted approach and prioritization of ESG goals, reveals Cushman & Wakefield’s latest report.
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News Polish-Czech collaboration anchores in Gdynia
10
Dec
2024

Polish-Czech collaboration anchores in Gdynia

by Property Forum
Torus Group and J&T Banka have announced their signing of a loan agreement for Gdynia City Logistics - an urban logistics park developed and managed by the borrower.
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News Poland ranks as second most active industrial market in Europe
22
Nov
2024

Poland ranks as second most active industrial market in Europe

by Property Forum
According to the latest report from Cushman & Wakefield, Poland recorded the second-highest industrial take-up in Europe between January and September 2024. Looking ahead, robust demand, coupled with a decline in speculative construction, is likely to tighten the availability of warehouse space for lease.
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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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