ARTICLES LABELLED WITH TAG warsaw
11
May
2016
May
2016
Warsaw office market shows rapid growth
According to the latest report by Cushman & Wakefield Q1 2016 saw a rapid growth in the supply of office space in Warsaw, which more than doubled the results for the same period in 2015. Due to the record-breaking levels of supply vacancy rates have increased by 1.9 pps to 14.1%. Although statistics show a fall in net absorption, this is probably a temporary decrease in the light of last year’s exceptionally high growth. Cushman & Wakefield expects the office market to continue its growth in the remaining months of 2016, with pipeline supply estimated at 330,000 sq m.
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Latest news
- CTP secures key Asian loan for development pipeline
- Capital is back, but deployment remains difficult
- Wood & Company buys Warsaw-based Royal Wilanów for €100 million
- Shopping parks to dominate new retail supply in Poland
- CPI Europe sees soaring profit in 2025
- Catella’s Head of Strategy: Europe holds its ground amidst global uncertainties
- Mitiska REIM secures €44 million financing for Polish retail project
- Influential urbanist Charles Montgomery to keynote Iași summit
- Slovak investment market looks resilient going into 2026
- CA Immo returns to strong profit in 2025
New leases
- iLogic, an official distributor of Delphi Tools, has leased 3,400 sqm of modern space at MLP Wrocław. This transaction completes the commercialisation of the 66,000 sqm warehouse complex. BNP Paribas Real Estate Poland supported the tenant during the negotiation and lease agreement process.
- The Chief Inspectorate for Environmental Protection has leased 4,600 sqm of office space in the refurbished HOP building, part of the Syrena Real Estate portfolio, in Warsaw. The company has been operating from its new address since January 2026.
- Bel-Pol, a leading provider of flooring and doors, has leased more than 5,600 sqm of logistics and office space at Panattoni Park Warsaw North III. Axi Immo provided comprehensive tenant representation throughout the process.
New appointments
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
