Trigranit has announced the signing of a lease extension agreement with Ringier Axel Springer Polska, securing the continuation of its office space lease at the Signum Work Station complex in Warsaw's Mokotów district for four years. The company has operated continuously in the building since 2019 and currently occupies nearly 12,000 sqm of office space.

Industrial developer P3 Logistic Parks has announced the extension of its warehouse and office space lease agreement with existing tenant ID Logistics.

Skanska has sold the second phase of Wrocław's Centrum Południe office complex to Investika Real Estate Fund in joint venture with Bud Holdings for €62 million. The deal marks Investika's second acquisition from the developer after P180 in Warsaw.

Poland has established itself as a major destination for business services investments, ranking as the sixth largest economy in the European Union. The country's appeal stems from strong economic fundamentals, skilled workforce availability, and attractive financial incentives, according to the "Delivered from Poland" report by JLL Poland, Hays Poland, ALTO and the Polish Investment and Trade Agency.

Balázs Zelles-Görgey has been appointed Director, Head of Capital Markets at Colliers Hungary. He joins the company with a strong background in the real estate sector, having worked on both the agency and developer-investor sides of the market. 

At the end of 2024, there were more than 22,300 units in the PRS sector in Poland, of which around 26% were brought to market last year. In terms of project supply, Warsaw's dominance is evident. The sector is expected to grow to over 35,000 units in the next three years. The latest JLL report indicates the rapid development of the institutional rental market and the growing interest of investors in this sector.

The office market in Central and Eastern Europe shows signs of solid growth and recovery, supported by the region's strong economic fundamentals and rising investor confidence, say experts from JLL and iO Partners in their latest report.

In 2024, Central and Eastern European countries experienced a resurgence in investment activity, with most markets showing significant increases in volume compared to 2023. Poland and the Czech Republic saw renewed investor engagement and increased capital allocation, while Hungary, despite having its lowest annual volume since 2015, showed signs of recovery in Q4. Romania and Slovakia also demonstrated strong growth, with Romania's investment volume up 47% year-over-year and Slovakia's nearly tripling in the second half of 2024. Across the region, there was a mix of domestic and international investor participation, with sectors like retail and industrial performing particularly well. JLL experts, in cooperation with iO Partners, present an analysis of the trends observed in the investment market in Poland in comparison to the countries of the CEE region.

iO Partners has announced its expansion into Austria through a partnership with Optin, a real estate consultancy specialising in commercial, residential and investments.

JLL's forecast for Q3 2024 new flat sales in major markets in Poland has proven accurate, with most cities experiencing a downturn compared to Q2 2024. The number of transactions across the six main markets reached approximately 9,200 units, marking a 6.9% quarter-over-quarter decline. This slowdown was mirrored in new supply, with only 12,600 units launched for sale across these markets. JLL experts provide a comprehensive overview of the residential market conditions in Q3 2024.