It’s hard to keep up with trends as it takes several years to complete an office project from its design to its actual delivery. The office market is however doing its best to keep up with changing trends and workstyles by offering bespoke tenant solutions.
The pursuit of flexibility
Amidst a backdrop of automation, digitization and rapid economic transformation, companies are trying to avoid making long-term commitments. There’s a growing number of companies that work on a project basis, hence the changes in workstyle which are leading to different approaches to employment. Companies cannot predict how many people they will need to have on board in a year or five years’ time and are unwilling to commit to a traditional office lease of five or ten years. This is because halfway through a lease a firm’s head office may decide to send a team to Warsaw or its Kraków office may win a tender for a big project that requires for instance 60 new employees to be hired
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