This year, we can observe a decrease in investor activity in the commercial real estate sector throughout Europe. The value of the investment volume in the first quarter of 2023 decreased in Poland by over 60 per cent year-on-year, and in some Western European markets by as much as 90 per cent. The Polish market […] New capital flowing into Poland aims at cheaper assets from CEO Magazine Poland ..read more

Demand in Warsaw is declining, but remains at a good level in the regions. The low activity of developers and the lack of new offices are starting to bother tenants looking for space in the capital. There is less and less available office space in the center of Warsaw. The vacancy rate at the end […] Office market is drifting in calm waters from CEO Magazine Poland ..read more

New office supply in the first three months of 2023 totalled 68,100 sq m and was delivered in three cities only: Krakow, Wrocław and Tricity. According to international real estate advisory firm Savills, at the end of March over 1 million sq m of office space was vacant, equating to the average vacancy rate of […] Regional development activity pushes average vacancy rates up from CEO Magazine Poland ..read more

Flexible workspaces are going like hotcakes. Companies are enquiring about them in all large cities, but not only there. Serviced offices are also in demand in smaller towns, says Joanna Bartoszewicz, Senior Advisor, Office Tenant Representation, Newmark Polska. Serviced and coworking offices have long ceased to be reserved only for start-ups, freelancers and small family-owned […] Flex office stock grows not only in large cities from CEO Magazine Poland ..read more

In the first quarter of 2023, developers focused on regional markets. Kraków, Wrocław, and Tri-City have been enriched with new office spaces. Meanwhile, no new office buildings were built in Warsaw. Current interest from tenants remains at a fairly high level. Demand recorded in Q1 2023 was distributed proportionally to the Warsaw market and regional […] Difficulties in finding vacant office space? from CEO Magazine Poland ..read more

According to “Warehouse and Industrial Market in Europe”, a report published by real estate advisory firm Newmark Polska, development activity across the EU continued unabated, with more than 20 million sqm of modern warehouse and industrial space coming onto the market in 2022. Poland topped the league table with close to 4.4 million sqm. Germany […] Poland leads the European Union warehouse market in terms of supply from CEO Magazine Poland ..read more

No new office completions were noted in Warsaw during the first quarter of 2023, with office take-up falling by 40%. Key challenges facing office tenants hoping for an economic turnaround, as forecast by real estate advisory firm Savills, include a substantial increase in service charges which are expected to rise by 30-60%, depending on the […] Office market in Warsaw Q1 2023 from CEO Magazine Poland ..read more

Optimization of the increasing costs of leasing offices by companies and operating costs by landlords, as well as a decrease in the supply of modern space, shape the dynamics of the office market in the Tri-City – Since the beginning of the pandemic, the number of new investments on the Tri-City market has been decreasing. […] Office market in the Tri-City is holding its breath from CEO Magazine Poland ..read more

According to Savills latest European Logistics Outlook, take-up of industrial & logistics space across the continent totalled 37.5 million sq m in 2022. Despite ongoing economic uncertainty, this signifies a fall of only 6% on 2021’s total of 40.2 million sq m, which was a record high for the sector. Following what was also a […] Industrial & logistics continues to outperform across Europe despite economic uncertainty from CEO Magazine Poland ..read more

The MIPIM international real estate fair in Cannes, held on March 14th-17th, 2023, as usual, was an opportunity to get acquainted with the latest trends and challenges facing the commercial market. Key issues included decarbonization and ESG, investing, and tenant strategies during the economic downturn. AXI IMMO experts decided to share their insights on the […] Real estate market in the transition phase from CEO Magazine Poland ..read more