ARTICLES LABELLED WITH TAG Warsaw

News Czech real estate fund Investika buys offices in Warsaw
03
Aug
2023

Czech real estate fund Investika buys offices in Warsaw

by Property Forum
Czech real estate fund Investika's latest acquisition is the Royal Trakt Offices building in Warsaw. The roughly 150-year-old property in the centre of the capital city was bought by the fund from global real estate investor Patrizia SE. The acquisition was announced to Property Forum by Linklaters, the law firm that advised the real estate fund Investika during the acquisition. No further details of the transaction have been disclosed yet.
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News Optimism prevails in Warsaw's office market despite supply gap
02
Aug
2023

Optimism prevails in Warsaw's office market despite supply gap

by Property Forum
Despite a supply gap and a low level of new completions (18,700 sqm in H1), there is a lot of optimism in the capital’s office market. Over 230,000 sqm is scheduled to be delivered in the next three years, which will significantly increase the amount of office space available to let. On the demand side meanwhile, we observe a relatively high occupier demand, whereby 2/3 of all agreements signed in H1 were new leases. AXI IMMO presents market data for the first half of 2023.
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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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News Multidekor extends lease of 23,000 sqm near Warsaw
25
Jul
2023

Multidekor extends lease of 23,000 sqm near Warsaw

by Property Forum
Savills Investment Management has signed an extension agreement with Multidekor S.A. concerning the lease of approx. 23,000 sqm of space at Konotopa Park II logistics centre near Warsaw. The lease has been extended by five years.
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News Globalworth sells Warta Tower in Warsaw
25
Jul
2023

Globalworth sells Warta Tower in Warsaw

by Property Forum
Globalworth has signed a contract to sell the Warta Tower office building in Warsaw to a company from the Cornerstone Investment Management platform. The value of the transaction has been set at over €63 million.
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News Trumpf Huettinger to occupy 25,000 sqm at CTPark Warsaw East
24
Jul
2023

Trumpf Huettinger to occupy 25,000 sqm at CTPark Warsaw East

by Property Forum
Trumpf Huettinger, which specialises in the design and production of advanced industrial electronics, is opening its seventh building in the fourth location in the Warsaw metropolitan area. The company has leased nearly 25,400 square meters of production and warehouse space at CTPark Warsaw East in Kobyłka, owned by CTP. At its latest Polish facility, Trumpf Huettinger will launch the largest production of control cabinets for the high-tech industry in Europe. Colliers facilitated the lease transaction of the CTPark Warsaw East building.
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News Office supply to shortly bounce back in Warsaw
19
Jul
2023

Office supply to shortly bounce back in Warsaw

by Property Forum
The Warsaw office market is seeing signs of upcoming renewed development activity, says Savills. Three new office buildings were delivered in the first half of 2023, but a significant increase in new supply is not expected until 2025.
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News Tenants in Warsaw balance between costs, standard and location
14
Jul
2023

Tenants in Warsaw balance between costs, standard and location

by Property Forum
When choosing an office, the location is crucial, the costs related to maintaining workplaces are becoming increasingly important for companies, while ESG-related matters are of little importance to them - these are the main conclusions of the latest survey conducted by Walter Herz among the tenants of office space in Warsaw.
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News Occupiers in Warsaw focus on energy and environmental efficiency
13
Jul
2023

Occupiers in Warsaw focus on energy and environmental efficiency

by Property Forum
According to the new report published by Newmark Polska, key themes defining the Warsaw office market in the first half of 2023 included waiting for new office completions and adjusting occupied space to widely popular hybrid working models. Despite new supply constraints and relatively muted development activity, the city’s vacancy rate edged down marginally in the second quarter of this year. Leasing activity reached a similar level to that of the first three months of 2023.
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News Warsaw office vacancy rate drops slightly to 11.4%
12
Jul
2023

Warsaw office vacancy rate drops slightly to 11.4%

by Property Forum
At the end of Q2 2023, the office market vacancy rate in Warsaw reached 11.4% (down 0.2 pps compared to the previous quarter and decreased by 0.5 pps in relation to the comparable period in 2022). The Polish Chamber of Commercial Real Estate (PINK) has published figures on the office market in Warsaw for Q2 2023.
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Latest news


New leases

  • The Skechers chain has opened a new store in Manufaktura in Łódź. It has the size of 150 sqm.
  • IT company Tata Consultancy Services, has moved into the Wola Center building in Warsaw. The company occupies 3,600 sqm there. At the same time, the owner of the complex, Hines European Value Fund, extended its contract with FaktorOne (470 sqm).
  • Viterra, a plant trade company, has opened its new headquarters in the Olivia Centre complex in Gdansk. The company occupied space on the top floor of Olivia's newest building, Olivia Prime. Viterra occupied a 1,400 sqm of space on the 14th floor of the building and a private terrace, located above the office, on the 15th floor.

New appointments

  • Carrefour has announced changes to the management of its branch in Poland. As of 1st of June, the position of Commercial and Supply Chain Director of Carrefour Poland was taken over by Eric Yung. Tomasz Waligórski was appointed Chief Operating Officer.
  • At Nhood Services Poland, Agnieszka Gutowska was appointed Head of Brand Marketing & Communication. She will responsible for shaping the brand image in Poland, taking into account the competences of the three business lines Property & Asset Services (PAS), Development (DEV) and Resources, Fund & Investment (RFI).
  • Robert Rogowski, former Vice President of the Management Board of Invest TDJ Estate, has been dismissed from his position. Magdalena Sierankiewicz has been appointed in his place.

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