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News Investors go for office and industrial in Poland
12
Aug
2020

Investors go for office and industrial in Poland

by Property Forum
According to the latest report by Cresa, commercial real estate investment volume in Poland surpassed €2.85 billion, the second-best result in the country’s history. The key growth drivers were the office and industrial markets which together generated just more than 84% of the investment volume. The industrial market attracted nearly €1.08 billion worth of investments, which represented an all-time high, while the office market saw nearly €1.33 billion worth of deals, the second-best result of the segment in the history.
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News Poland’s warehouse developers become more risk-averse
11
Aug
2020

Poland’s warehouse developers become more risk-averse

by Property Forum
The first half of 2020 was the strongest on record for the warehouse and industrial market in Poland, says Savills. Despite COVID-19 challenges, take-up set an all-time high halfway through the year. In addition, the leasing volume and the amount of new space coming onto the market were higher in Q2 than in the first three months of the year.
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News CEE investment volumes grow by 7% in H1 2020
11
Aug
2020

CEE investment volumes grow by 7% in H1 2020

by Property Forum
CEE investment volumes for the first half of 2020 reached ca. €6.26 billion. This figure was boosted by two large portfolios totalling in excess of €2.2 billion, with Poland and the Czech Republic taking a 78% share of the CEE-6 total. According to Colliers International's latest report, investor appetite remains strong for CEE but a cautious approach is still being applied as markets try to settle. 
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News Poland’s office supply expansion gets delayed by COVID-19
11
Aug
2020

Poland’s office supply expansion gets delayed by COVID-19

by Property Forum
Due to the lockdown caused by the outbreak of the COVID-19 pandemic, most companies embraced a remote working model and scaled-down business activity. How did this affect the Polish office market? Cushman & Wakefield presented a summary of H1 2020.
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News Poland’s industrial market sees record tenant interest
11
Aug
2020

Poland’s industrial market sees record tenant interest

by Property Forum
Gross demand on the Polish industrial market reached 2.2 million sqm in H1 2020 which is the best result for the first half of the year in the market’s history. New leases and expansions accounted for nearly 1.7 million sqm, which is a 30% improvement y-o-y. This means that Poland is the only country in Europe to have seen net demand growth in H1 2020, according to JLL.
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News Tri-City’s office stock approaches 1 million sqm
11
Aug
2020

Tri-City’s office stock approaches 1 million sqm

by Property Forum
According to consulting company Walter Herz, the consistently expanding office market of Tri-City has the lowest vacancy rate in Poland currently and the office stock of the Tri-City agglomeration will exceed 1 million sqm after the construction of the ongoing investments is completed.
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News Poland’s industrial market performs strongly in H1 2020
11
Aug
2020

Poland’s industrial market performs strongly in H1 2020

by Property Forum
The Polish industrial market continues its strong momentum. Both take-up and supply reached high levels in H1 2020, say experts of global real estate services firm Cushman & Wakefield, summarising the first half of 2020 on the industrial market in Poland.
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News Romania’s investment market manages to grow in H1 2020
10
Aug
2020

Romania’s investment market manages to grow in H1 2020

by Property Forum
The first half of the “pandemic year” closed with a total value of investment transactions worth €408 million in Romania, around 18% above the first semester of 2019, with office assets accounting nearly 86% of volumes, according to Colliers International’s market report. Still, the outlook is uncertain since several large big-ticket items have either been frozen or fell through. On the opposite pole, the local land market continues to see deals closing and significant interest.
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News Poland’s warehouse market remains resilient to COVID-19
10
Aug
2020

Poland’s warehouse market remains resilient to COVID-19

by Property Forum
The Polish warehouse market maintained its robust momentum in the first half of 2020, with a record 2.38 million sqm leased. Gross take-up in the second quarter of 2020 – during a time of strict COVID-19 lockdown measures - was as much as 50% higher compared to the same period in 2019, at 1.36 million sqm. Such good outcomes were the result of high demand for space on the back of booming e-commerce trade and numerous BTS transactions which commenced earlier in the year, according to Axi Immo.
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News Tricity’s office market to become a tenant’s market soon
10
Aug
2020

Tricity’s office market to become a tenant’s market soon

by Property Forum
According to a new report published by Cresa Poland, the Tricity office market is likely to become a tenant’s market soon due to the changing market environment. Tricity is still attractive for the BPO/SSC/GBS sector. Additionally, investments in its seaport and transport infrastructure are a magnet for sea freight operators.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

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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