ARTICLES LABELLED WITH TAG Warsaw

More expensive offices in Warsaw, is it possible in a pandemic? Walter Herz is trying to answer that difficult question. 

JLL will be responsible for searching future tenants for commercial premises inside two of Yareal’s largest projects in Warsaw’s Wola and Kamionek districts.

Real estate advisory firm Savills has been appointed as the exclusive leasing adviser for Marynarska Point I in Warsaw’s Mokotów district.

CA Immo has successfully signed and closed the sale of Wspolna 47-49 in Warsaw. The property totals 7,696 sqm of GLA and 137 parking units. The sale has closed at a premium to the 31 December 2020 book value. The property was acquired by Yareal Polska.

According to Savills, preliminary data for European office markets for Q3 2021 shows take-up had increased 15% year-on-year, although still below the five-year average. Positive office market data is also provided by Google’s mobility index, with Warsaw leading the way among surveyed European capital cities.

Real estate advisory firm Savills has been appointed as the leasing agent for office space in Karolkowa Business Park, located in Warsaw’s Wola district.

Vastint has expanded its offer with a new business solution Ready Flex — the rental of autonomous, fully furnished office space for small and large companies or their teams in a flexible option of short-term contracts.

The construction of over 800 living units has started at the intersection of Postępu and Domaniewska Streets in Warsaw. The project has been developed by YIT for the leading Nordic real estate investor NREP. Unibep has been chosen as the general contractor. Smartti Mokotów will be the largest professionally run lease facility in Poland.

Rising construction costs and strong demand from investors are at play, of course, but the picture is a lot more complicated than that. Players of the dynamically growing private rental sector (PRS) discussed market trends at Living Investment Forum 2021, Property Forum's annual event in Warsaw. 

Adventum Investment Fund Management, the CEE-focused real estate investment manager, has completed the second close of its latest fund, Penta in October 2021. The second acquisition of the Fund is the Mercedes Benz Headquarters in Warsaw which was developed in 2004 by the Daimler Group.