It's all kicking of Wrocław
schedule 17 April 2014
Despite a considerable improvement in the situation on the warehouse market in terms of the growing demand and availability of capital, we are still not seeing the construction of purely speculative projects. For the time being each project in the near future will be preceded with a pre-lease agreement. The percentage of speculative space depends on the maturity of that particular market, the demand and the free space available. Wrocław happens to be one of the most active markets at the moment. Despite the fact that it is fifth in terms of existing area, the projects that are currently being carried out and the fact that the highest amount of space was completed in this region in 2013 – as much as 117,000 sqm – should soon make Wrocław move up the ranking. This is mainly due to its proximity to the Czech and German borders and the development of road infrastructure, including the Wrocław motorway ring road on the north-western outskirts of the city. As a result of this,
Already have an account? Log in
40% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
- Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
Flex market picks up momentum
Flex market picks up momentum
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...
Walter Herz
Optimism returns
Optimism returns
Lower interest rates in the eurozone and the easing of monetary policy in Poland are expected to revive investment in the real estate market. A noticeable increase in the value of ...
Walter Herz
Warehouse developers now more cautious
Warehouse developers now more cautious
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
Avison Young