ARTICLES LABELLED WITH TAG Poland

Preferences and housing needs of Poles and what they would like to change in their own place were studied by Echo Investment. The first edition of the report "There's no place like home, or how Poles live," analyzes, among other things, what our requirements are when it comes to our own four walls, what motivates us when we buy an apartment, and whether we purchase it mainly for our own needs or as an investment. The report proves that in Poland owning one' s own apartment is still identified with being independent.

Panattoni has moved forward with the 20,000 sqm expansion of Flextronics International Poland's manufacturing and warehouse complex in Tczew. The ceremonial laying of the cornerstone took place on October 11th. The 80,000 sqm factory now includes four buildings and is one of the company's largest facilities in Europe.

Ghelamco officially presented its latest project in the business centre of Warsaw. The office complex named VIBE will comprise of two buildings located next to the other project of the Belgian developer, the Warsaw HUB. 

Panattoni has leased out almost 80,000 sqm to global logistics operator DSV within the Wrocław Logistics South Hub. This is the first lease for space in the developer’s largest project in the region, which is to eventually comprise 250,000 sqm. Construction work began in the summer of the current year. 

On 1 October this year, Avison Young welcomed a team of market experts and launched a new Office Agency service in Poland. Marta Sypiańska, Robert Pastuszka, Maksymilian Sobczak and Przemysław Urbański joined the team.

Like years ago, the Polish Private Rental Sector is going through a blooming time as each commercial real estate sector segment. It requires a unification of offers, greater standardization of available space, and self-professionalization. One of the first spectacular transactions involving the PRS was in 2016 and the purchase of 72 apartments in the Złota 44 building in Warsaw by the German investment fund Catella Residential Investment Management. At the end of September 2022, this segment is formed by an offer of more than 8,500 apartments for rent spread across Poland's largest cities. The prospects for the development of the market remain very high, and it is mainly favored by market conditions and the structure of the residential sector in Poland. AXI IMMO, together with industry experts Inquiry and ThinkCo, presents data for the Polish institutional rental market in a publication, "Development prospects for the PRS market in Poland."

Krzysztof Poznański, Managing Director of the Polish Council of Shopping Centres, has talked to Property Forum about the industry's struggle with the effects of the pandemic, the impact of rising energy prices and double-digit inflation.

Will the non-functioning office buildings and shopping centers be taken over by residential buildings? Arguments for and against this measure are listed by Piotr Łopusiński, Associate Director, Investment at Avison Young Poland.

Poland, which is the fifth largest warehousing market in the EU, has the opportunity to take over a significant share of the investment and production and logistics processes moving from Asia.

Retail parks and convenience centers emerged as the most resilient retail sector during the COVID-19 pandemic, with customers putting an emphasis on quick and efficient shopping. The development of the Polish retail market continues apace, with the retail park format taking the lead in terms of stock expansion. In H1 2022, developers completed 183,200 sqm of GLA of new retail space, 66% of which was delivered in the form of retail parks and convenience centers dedicated to everyday, quick shopping. However, another 341,700 sqm of GLA is expected to enter the market by the end of 2022, with retail parks accounting for 53% of this total. 2022 could well be another record-breaking year for this segment in terms of space delivered to the market.