ARTICLES LABELLED WITH TAG Warsaw

Warsaw's office market is entering a mature phase, characterised by concentration of new supply in central zones and historically low vacancy rates in the city centre. According to Savills Poland's latest report, 88,700 sqm of new space was delivered from the beginning of the year to the end of the third quarter, while the volume of projects under construction dropped by 50%.

The Polish Commercial Real Estate Chamber (PINK) published data on Warsaw's office rental market for Q3 2025. By the end of September 2025, modern office space resources in Warsaw exceeded 6.245 million sqm, with the capital's market adding one office project during the third quarter.

UDI Group has announced the completion of the second stage of the Ursus Classic residential project in the western part of the Polish metropolis.

HB Reavis has completed a €510 million refinancing of Varso Place, its flagship Warsaw development, with two new banks joining the credit consortium. The financing increased by €35 million from the previous €475 million loan on improved terms.

P3 Logistic Parks is expanding its presence in Blonie near Warsaw after acquiring an 8.8-hectare plot adjacent to its existing P3 Blonie park. The company will construct a new facility with 41,391 sqm of total leasable area, comprising 39,420 sqm of warehouse space and 1,971 sqm of offices.

Xior Student Housing has completed the acquisition and opening of the Wenedów student residence in Warsaw, Poland. The company acquired the remaining shares in the development from joint venture partner Solida Capital, gaining full ownership after initially holding a 25% + 1 share interest.

Construction of the second phase of the Skyliner office complex, owned by the Karimpol Group, has reached the halfway point. At 65 metres high, the 15th floor walls are currently being built, marking half of the target height. Each floor is constructed in five days, with completion scheduled for Q4 2026.

Green House Development is building Royal Garden Wilanów, a three-story apartment building in Miasteczko Wilanów surrounded by an 8,000 sqm private park - larger than a full-size football pitch. Construction is progressing on schedule with completion planned for the end of 2026.

Axi Immo, acting as exclusive agent, represented mLeasing in the sale of Dom Dochodowy office and retail property in Warsaw. The buyer is the Generali Fond Realit fund, managed by Generali Investments CEE. Transaction details remain confidential.

Fort Wola in Warsaw has expanded its functions by introducing office space, continuing the trend of repositioning older retail assets into mixed-use destinations.