Data center market: No energy, no data
The CEO Magazine Poland
by CEO
1M ago
The Warsaw region is currently the largest data centre market in Poland. The capital is home to more than 50 server facilities and a key exchange point for internet traffic in the country. In 2023, Kowalski and his family generated an average of 236 GB of data via fixed Internet connections, while the share per […] Data center market: No energy, no data from CEO Magazine Poland ..read more
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European Parliament Passes AI Act to Safeguard Rights and Foster Innovation
The CEO Magazine Poland
by CEO
4M ago
In a landmark move on Wednesday, the European Parliament adopted the Artificial Intelligence Act, a groundbreaking piece of legislation designed to safeguard fundamental rights and safety while fostering innovation in the development and use of AI technologies. This regulation, the culmination of negotiations with member states concluded in December 2023, garnered overwhelming support from Members […] European Parliament Passes AI Act to Safeguard Rights and Foster Innovation from CEO Magazine Poland ..read more
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The office market is adapting to the new reality
The CEO Magazine Poland
by CEO
4M ago
Demand for offices remains high, but there is the least amount of space under construction in over a dozen years. The office real estate market is changing more and more. Just four years ago, the office sector in Poland was one of the markets that was expanding its resources the fastest in Europe. Today, in […] The office market is adapting to the new reality from CEO Magazine Poland ..read more
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Poland’s Industrial Market in 2023 – slower, but not weaker
The CEO Magazine Poland
by CEO
4M ago
After the very successful years of 2021 and 2022, known as the golden period of development of the industrial market in Poland, 2023 was a period of greater challenges due to a change in the macroeconomic situation. The main reasons were high inflation, which affected the purchasing power of consumers, persistently high-interest rates, and uncertainty […] Poland’s Industrial Market in 2023 – slower, but not weaker from CEO Magazine Poland ..read more
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The Cotton ‘Fabric of Our Lives’ Rally
The CEO Magazine Poland
by CEO
4M ago
Struggling commodities are finally seeing some relief, thanks to firmer global growth, a stabilizing US dollar, and supply-side weather disruptions. Cotton has been a leader in this catch-up. This ‘fabric of our lives’ plays a crucial role across clothing, fast fashion, and retail sectors and stands at the center of the ESG debate due to […] The Cotton ‘Fabric of Our Lives’ Rally from CEO Magazine Poland ..read more
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XTB shatters records in 2023 with a PLN 791.3 million profit and over 300,000 new customers
The CEO Magazine Poland
by CEO
6M ago
312,000 new customers acquired in 2023, over 77,000 in Q4 alone A 51.0% increase in the number of active customers to 408,500 Q4 customer trading volume in CFD instruments increased by 4.0% year-on-year to 1.789 million In Q4, profitability per lot increased by 119.0% year-on-year to 276 Polish zloty XTB presented preliminary financial results for […] XTB shatters records in 2023 with a PLN 791.3 million profit and over 300,000 new customers from CEO Magazine Poland ..read more
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Warsaw Office Market Prepares for Rising Rents
The CEO Magazine Poland
by CEO
6M ago
As of the end of 2023, Warsaw remains the leader on Poland’s office market, but 61,000 sqm (-74% y/y) completed in the last 12 months was one of the lowest results in its history. The developer’s lower activity period seems to be over, as by 2026, some 150,000 sqm of new supply should be delivered […] Warsaw Office Market Prepares for Rising Rents from CEO Magazine Poland ..read more
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Low supply and ESG are key drivers of office building upgrades in Warsaw
The CEO Magazine Poland
by CEO
6M ago
According to “Office Occupier – Warsaw Office Market”, a report published by real estate advisory firm Newmark Polska, 2023 on the Warsaw office market was a year of stable occupier demand, moderate development activity and continued adaptation of tenants to evolving work patterns. Other notable factors impacting the capital’s market included the growing demand for […] Low supply and ESG are key drivers of office building upgrades in Warsaw from CEO Magazine Poland ..read more
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Real estate will maintain the status quo Forecasts for commercial real estate market in Poland
The CEO Magazine Poland
by CEO
6M ago
In 2023, Polish investment market, like foreign markets, saw low investor activity. The value of investment volumes in all real estate sectors was much lower than in previous years. Investors are waiting for an improvement in the macroeconomic situation and a decline in interest rates, they are looking for opportunities. The market is waiting for […] Real estate will maintain the status quo Forecasts for commercial real estate market in Poland from CEO Magazine Poland ..read more
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Service centres occupy over half and 45% of the office stock in Krakow and Wrocław respectively
The CEO Magazine Poland
by CEO
6M ago
Although employment in the shared services sector is growing by the year, this has not led to stronger demand for office space. However, SSC/BPO/R&D centres remain key office tenants in Krakow and Wrocław. Warsaw also continues to feature on corporates’ radars. According to the ABSL’s latest report, at the end of the first quarter of […] Service centres occupy over half and 45% of the office stock in Krakow and Wrocław respectively from CEO Magazine Poland ..read more
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