ARTICLES LABELLED WITH TAG regional cities

News Kraków, Tricity and Wrocław lead regional office markets in Poland
09
Sep
2024

Kraków, Tricity and Wrocław lead regional office markets in Poland

by Property Forum
According to a report published by Newmark Polska, occupier activity on Poland’s largest regional city office markets (Kraków, Wrocław, Tricity, Katowice, Poznań, Łódź, Lublin, Szczecin) remains stable, but tenants are increasingly focusing on workspace efficiency and looking for better quality offices. Almost 70% of the total leasing activity across the regions is concentrated in Kraków, Tricity and Wrocław. With office availability in existing buildings in regions remaining high and estimated at nearly 1.2 million sqm, developer activity remains limited.
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News Regional cities in Poland face problem of ageing office stock
21
Aug
2024

Regional cities in Poland face problem of ageing office stock

by Property Forum
At the end of the second quarter of 2024, more than 40% of offices in the oldest office buildings in Poland’s regional cities remained vacant, with their office markets experiencing stable vacancy rates and subdued development activity, reveals BNP Paribas Real Estate Poland in its latest report.
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News Investment in Romania's regional cities shows upward trend
09
Aug
2024

Investment in Romania's regional cities shows upward trend

by Ovidiu Nicolae
Lavinia Ioniță Rasmussen, Partner at NNDKP’s Real Estate practice, spoke with Property Forum about the acceleration of commercial and residential development in regional cities and the potential of the local market to offer higher returns for property investors compared to other countries in the region.
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News Polish regional office markets to outpace Warsaw
27
May
2024

Polish regional office markets to outpace Warsaw

by Property Forum
Only 31,000 sqm of new supply was delivered through two projects during the three months to March 2024, bringing the combined office stock of Poland’s eight largest regional cities to 6.7 million sqm at the end of the first quarter, say BNP Paribas Real Estate experts. The new completions were Echo Investment’s Brain Park C (13,000 sqm) in Kraków, which is the second largest office market in Poland after Warsaw, and Cavatina Holding’s Quorum Office Park A (18,000 sqm) in Wrocław – the third biggest.
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News Office demand in Polish regional cities remains moderate
09
May
2024

Office demand in Polish regional cities remains moderate

by Property Forum
According to the latest report published by Newmark Polska, during the first three months of 2024, Poland’s regional city office markets experienced moderate occupier demand, with regearing accounting for most of total take-up. In addition, while the overall regional vacancy rate rose to nearly 18%, development activity was more muted and focused on three cities: Katowice, Poznań and Wrocław, which contain 75% of the office stock under construction.
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News Regional office markets in Poland attract tenants
23
Feb
2024

Regional office markets in Poland attract tenants

by Property Forum
In 2023, on Poland’s largest eight regional office markets, developers delivered 280,000 sqm (-31% y/y). It’s bringing the sector’s total stock to 6.68 million sqm (+4% y/y). The new supply slightly increased the vacancy rate, stabilizing around 17.5% (+2.2 pp. y/y) at the end of December 2023. The largest concentration of tenant activity was observed in the largest regional office markets, i.e., Kraków, Wrocław, and the Tricity (about 70% of gross demand), where, in total, companies leased about 520,000 sqm out of 750,000 sqm of all signed contracts in 2023, says Axi Immo.
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News Pipeline shrinks in Poland's regional office markets
15
Feb
2024

Pipeline shrinks in Poland's regional office markets

by Property Forum
Although the office development pipeline in Poland’s eight largest regional city markets is clearly shrinking, it is still above that for Warsaw, says BNP Paribas Real Estate Poland in its laterst report. Another notable development of the last quarter of 2023 was that the overall regional vacancy rate hit an all-time high by the end of December.
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News Office take-up hits record high in Polish regional markets
12
Feb
2024

Office take-up hits record high in Polish regional markets

by Property Forum
According to a recent report published by Newmark Polska, total office take-up in 2023 in the largest Polish regional cities surpassed 741,300 sqm - an increase of almost 19% year-on-year and 7% from the pre-pandemic 2019 peak. Meanwhile, issues related to ESG, functionality improvements, efficient office space management and optimisation of lease costs have filtered through into the vocabulary and strategies of tenants and developers alike.
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News Offices in Poland are becoming increasingly popular
20
Nov
2023

Offices in Poland are becoming increasingly popular

by Property Forum
Interest in leasing offices in Poland is growing. In the third quarter, both in Warsaw and on the regional markets, the demand for office space was the highest this year. In the regions, 2023 will close with a result similar to the record from 2019. 
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News Regional cities in Poland see demand for office space grow
16
Nov
2023

Regional cities in Poland see demand for office space grow

by Property Forum
New office supply reached nearly 236,000 sqm in Poland’s key regional cities in Q1-Q3 2023, says Savills. Gross take-up for the same period amounted to over 531,000 sqm, an increase of 19% year-on-year.
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Latest news


New leases

  • Hillwood Polska has relocated its office to Warsaw's Plac Małachowskiego office building. The company will occupy space on the fifth floor of the building.
  • Primark is opening its seventh shop in Poland. Another outlet of the chain will be opened in the Zielone Arkady shopping centre in Bydgoszcz. The store will occupy a total retail space of 3,200 sqm on two floors.
  • GTC in collaboration with The Shire Beyond Coworking, is isopening a new coworking space in Korona Office Complex in Kraków.

New appointments

  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
  • Stage Capital has announced the appointment of Jacek Kołodziejski as Country Director in Poland. His role is to manage Stage Capital's retail property portfolio in Poland and to guide the growth of its value through expansion of existing facilities and acquisitions with growth potential.
  • Tomasz Waligórski will take over as General Manager of the Carrefour chain in Poland from 1 November. In this function, he will replace the previous, long-standing director of the Polish branch, Tareck Ouaibi.

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