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CPI Property Group (CPIPG) has signed 198 leasing contracts covering 128,400 sqm of the company’s office space in Warsaw during 2024, which accounted for 18% of the total demand for office space in the city. 

The Polish luxury real estate market is relatively young, with its assets constituting only a small percentage of the overall housing market, while the value of this niche stands at around PLN 3.5 billion (€840 million), according to a Walter Hertz report. 

GTC has raised €82 million from the sale of two assets in Poland and Croatia as part of a strategy designed to strengthen its financial position.  

CTP has signed a 10-year lease for more than 46,200 sqm of warehouse and office space at CTPark Warsaw South to Douglas, one of the European leaders in the omnichannel premium beauty segment.

Cushman & Wakefield agency has summarised the situation on the Warsaw office market in 2024, a year marked by subdued development activity leading to a gradual decline in office space availability. At the same time, leasing activity remained consistent with 2023’s level. According to Cushman & Wakefield, these trends are likely to continue this year.

According to the latest report published by Newmark Polska, in 2024, leasing activity on the Warsaw office market continued at a steady level, while developers required significant pre-lets before commencing new projects, which led to a moderate office development pipeline. At the same time, the vacancy rate declined steadily, resulting in shrinking office availability. This trend is expected to persist into 2025.

The Polish Chamber of Commercial Real Estate (PINK) has published figures on the office market in Warsaw for Q4 2024. At the end of December 2024, total modern office stock in Warsaw accounted for over 6,293,000 sqm.

The joint venture between Partners Group, acting on behalf of its clients, and Peakside Capital Advisors announces the start of construction for City Point Okęcie, an urban logistics facility spanning over 11,000 sqm and located near Warsaw Chopin Airport. The completion date is anticipated for the summer of 2025, with Depenbrock Polska appointed as general contractor.

Kajima Europe has acquired Student Depot's third development site in Warsaw. This acquisition brings the total number of buildings operated and secured to 12, reinforcing Student Depot's position as Poland’s leading developer and operator of student accommodation.

Located in Warsaw's Praga-Północ district, the Białostocka 5D development by Eiffage Immobilier Polska has just been purchased by Heimstaden, one of the largest operators on the European institutional rental market. The price has not been disclosed.