JLL announced that Ben Rose has been appointed Head of Capital Markets for the Czech Republic. Ben takes over the role from Mike Atwell, who – after four years of heading up the Czech Republic and CEE capital markets team – returned to London to take up a senior position in the EMEA Industrial & Logistics investment team.

CA Immo has selected international consultancy agency JLL as the exclusive agent responsible for the commercialisation of three buildings in its portfolio in Poland - Sienna Center, Bitwy Warszawskiej Business Center and Warsaw Spire C.

Flexible office stock in Poland has increased six-fold since 2015. This diversified market perfectly meets the expectations of numerous sectors, small businesses, and corporations. As the expansion of flex operators slows, fewer and fewer offices remain available to tenants both in Warsaw and on major regional markets.

The spectacular net take-up of 3.5 million sqm at the end of Q3 was better than any other total for the first three quarters of a year. The Polish market was also one of the driving forces behind the record demand in Europe. Advisory company JLL analyses the industrial market at the end of Q3 2021 and outlines the key trends and developments for the sector in the coming months.

JLL will be responsible for searching future tenants for commercial premises inside two of Yareal’s largest projects in Warsaw’s Wola and Kamionek districts.

For the second successive quarter, developers have attempted to establish equilibrium between units sold and new units coming onto the market. Rising inflation continues to drive buyers to developers’ offices, with sales for the first three quarters of 2021 exceeding 2020’s annual total, says JLL. 

The Polish warehouse market is experiencing an unprecedented boom. In the first half of 2021, the take-up of logistics space in Poland exceeded 3 million square meters for the first time in history and was higher than in the United Kingdom, France or Spain.

More and more companies are returning to their offices by implementing a hybrid model of work. The prolonged use of this working model has translated into a lower volume of transactions. The technology sector still remains the most active. Advisory company JLL summarizes the situation and future development perspectives for the Polish office market at the end of Q3 2021.

Resi Capital, PRS subsidiary of Cavatina Holding has bought an 11,590 sqm plot located on Tuwima Street in the New Center of Łódź area (Nowe Centrum Łodzi). JLL advised the vendor during this transaction.

Companies have signed more new leases agreements and are keen to use ''flex'' spaces before taking up their target office space. The decreasing activity of developers has helped to stabilise the vacancy rate q-o-q, but its high level poses a challenge for landlords. JLL summarizes the Warsaw office market at the end of Q3 2021.