ARTICLES LABELLED WITH TAG Walter Herz

News Despite good conditions, investments in Polish hotels remain scarce
13
May
2024

Despite good conditions, investments in Polish hotels remain scarce

by Property Forum
The value of investment transactions in all real estate market sectors, both in Poland and Europe, still significantly deviates from the scale of investments recorded before the outbreak of the pandemic. Nonetheless, last year saw the first signs of recovery in the hotel segment. The sale of the hotel part of The Warsaw Hub by Ghelamco signalled a return to investing international capital in the Polish market. In October last year, the Crown Plaza and Holiday Inn Express hotels were acquired by the French investment fund Corum. 2023 saw a total of four transactions, partially carried out by Polish investment entities, contributing to investments totalling around €83 million in this sector. In the first months of the current year, two hotels along the Baltic Sea changed hands. Walter Herz summarised the situation in the Polish hotel market.
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News Poland's office market adapts to new reality
13
Mar
2024

Poland's office market adapts to new reality

by Property Forum
Demand for offices in Poland remains high, but there is the least amount of space under construction in over a dozen years. The office real estate market is changing more and more, says Walter Herz. 
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News Walter Herz Invest to help in plot purchasing in Poland
15
Dec
2023

Walter Herz Invest to help in plot purchasing in Poland

by Property Forum
Advisory agency Walter Herz is expanding the scope of consulting services and branching out with a new business line - Walter Herz Invest. The entity is responsible for purchasing and securing real estate and land for the construction of projects in the commercial, warehouse and residential sectors.
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News Offices in Poland are becoming increasingly popular
20
Nov
2023

Offices in Poland are becoming increasingly popular

by Property Forum
Interest in leasing offices in Poland is growing. In the third quarter, both in Warsaw and on the regional markets, the demand for office space was the highest this year. In the regions, 2023 will close with a result similar to the record from 2019. 
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News Polish real estate market waits for an investment revival
26
Oct
2023

Polish real estate market waits for an investment revival

by Property Forum
Investors in Poland are looking for market opportunities and value-add assets. Companies are optimizing their portfolios by putting up for sale properties that do not fit their new investment strategies, says Walter Herz. 
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News Investors in Poland seek projects with potential to increase value
09
Oct
2023

Investors in Poland seek projects with potential to increase value

by Property Forum
For many real estate market leaders who came to Expo Real 2023, it was an opportunity to look for new investment opportunities in the face of more difficult macroeconomic and economic conditions in the world. Experts from Walter Herz advisory agency share their insights on the current situation in the Polish property market. 
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News Walter Herz becomes sole agent of CUBE Office Park in Gdańsk
21
Sep
2023

Walter Herz becomes sole agent of CUBE Office Park in Gdańsk

by Property Forum
TFG Asset Management, a company providing services to the owner of the building - GNT Ventures Gdańsk, has chosen Walter Herz as sole agent for the lease of space in CUBE Office Park complex, located at Pałubickiego Street in Gdańsk. The cooperation includes the commercialization of office buildings offering a total leasable area of over 19.7 thousand sqm.
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News Selection of offices in Polish regional cities is increasing
18
Sep
2023

Selection of offices in Polish regional cities is increasing

by Property Forum
Total demand for office space on regional markets in the first half of the year was similar to last year’s level, but there were more vacant offices in all major markets, except Warsaw. Warsaw recorded a 30 percent decrease in demand for offices, and yet the vacancy rate decreased. Only a few office projects are being implemented across Poland, says Walter Herz. 
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News Polish investment market remains in hibernation
22
Aug
2023

Polish investment market remains in hibernation

by Property Forum
In 2022, the value of transactions on the Polish commercial real estate market amounted to approximately € 5.8 billion, which showed that after the difficult years of the pandemic and the outbreak of conflict in the East, Poland turned out to be a stable market with a large group of investors interested in investing capital in our country and a wide range of attractive investment products. However, in the first half of 2023, we witnessed the previously expected investment slowdown. After six months of  2023, the total investment volume amounted to only around €800 million, which means a decrease of 70 per cent compared to the same period a year earlier, says Bartłomiej Zagrodnik, CEO of Walter Herz advisory agency.
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News Polish office market enters the optimization phase
27
Jul
2023

Polish office market enters the optimization phase

by Property Forum
There are more and more vacant office spaces on the regional markets in Poland. In Warsaw, despite the decline in demand, the availability of offices is getting smaller, says Walter Herz. 
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Latest news


New leases

  • In June, two new outlets will open in Outlet Lublin. Ochnik has decided to expand its existing shop to 350 sqm. Fabryka Ogólnego Rozwoju has joined the tenants of the facility and leased 770 sqm.
  • Warsaw's Skyliner has gained a new tenant. Xperi, an American technology company, will occupy nearly 3,000 sqm of space in the office building.
  • Business Services Center, a networking organisation for Polish entrepreneurs under the banner of BNI, BNI+ and Corporate Connections, has joined the group of tenants in the DL Tower building in Katowice. The company will occupy a space of 240 sqm.

New appointments

  • SVN Romania appointed Gabriel Voicu (Executive Vice President), Victor Vremera (COO) and Mircea Marin (Senior Sales Project Manager) as partners of the New Homes Division. The three have provided consultancy services for residential projects counting 20,000 residential units with a combined investment of over €1 billion.
  • STERENN, a consultancy firm specializing in hospitality market entry and real estate asset sourcing, proudly announces the addition of Bryan Wilson to its Advisory Board. Bryan Wilson brings a wealth of expertise in real estate transactions, particularly within the hospitality sector. He co-founded Wilsons, a prominent law firm in Prague, and is a UK-registered lawyer and now heads up the CEE region for DUAL Asset, transactional risk insurers.
  • MLP Group’s management team has added new members - Katarzyna Misztal (Leasing Manager), Paweł Reszczyński (Senior Land Acquisition Manager), Zuzanna Pukaluk , Mateusz Sobczak (both a Project Managers) and Szymon Grochowski ( Land Acquisition Manager). In their new roles, they will be entrusted with land acquisition and preparation for upcoming projects, oversight over construction and project work, space commercialisation and tenant relationships.

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