News Article Globalworth rents out nearly 50,000 sqm in H1 2020
by Property Forum | Office

In the first half of 2020, Globalworth leased nearly 50,000 sqm of office space in its buildings in Poland. In the last 3 months, during very difficult time of the COVID-19 pandemic, the asset management & leasing department of the CEE office investor has signed contracts for a total area exceeding 28,000 sqm.


Nearly 50,000 sqm of leased space in Globalworth buildings in Poland consists of new contracts, the prolongation of the existing lease contracts and the expansion of the leased spaces.

The companies that have decided to extend cooperation with Globalworth in Poland include, among others: DXC – one of the largest end-to-end IT services companies (prolongation of the lease contract in Renoma in Wroclaw) or Rockwell Automation - a global provider of solutions for the industry (expansion of the leased area in A4 Business Park in Katowice)

The stabilizing situation related to COVID-19 in Poland is prompting more and more tenants to intensify their employees' returns to the offices.

“We observe the increased return of tenants' employees to our 22 buildings in Poland. We estimate that on average 40% of employees have already returned to the offices. There are buildings where the occupancy rate is over 70%. Many companies need time to adjust the working conditions for their employees inside their spaces. The occupancy rate of office buildings will certainly increase,” adds Artur Apostoł, COO at Globalworth Poland.