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

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

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

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

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

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

Poland’s industrial sector slowed in 2023, but the market hopes to rebound in 2024. After the peak of take-up and supply in the so-called COVID period falling in 2020-2022, the logistics and manufacturing market has returned in many values to those observed in 2018-2019. Poland’s largest consulting firm, AXI IMMO, presents a summary of 2023 […] Polish industrial market 2023 overview and outlook for 2024 from CEO Magazine Poland ..read more

Following – supply gap, stable quarterly take-up, remote working in the Labor Code, prop-tech, ESG, and demolition – Poland’s largest advisory firm, AXI IMMO, presents six key trends on the Polish office market with a presentation of estimates for the sector at the end of 2023. Two-speed new supply – supply gap in Warsaw, high […] Polish office market – summary of 2023 and outlook for 2024 from CEO Magazine Poland ..read more

The Polish Council of Shopping Centers and the Polish Chamber of Commercial Real Estate have jointly prepared the compendium “ESG for Commercial Real Estate. Selected Topics and Practices”. This unique guide collects the work of working groups composed of experts working with both organizations. The authors publish in it, among other things, the results of […] Polish Council of Shopping Centers and Polish Chamber of Commercial Real Estate Release ESG Guide for Industry from CEO Magazine Poland ..read more

According to the latest report from Newmark Polska, Krakow’s total office stock will surpass 1.8 million sqm in 2023, posting an annual growth of 5.5%. Occupier demand remains strong despite global economic headwinds. Krakow is mainly targeted by tenants from the technology, financial and modern business services sectors. Although development activity has become noticeably more […] Krakow cements its position on the office market with new office projects and stable demand from CEO Magazine Poland ..read more