The latest skyscraper projects in Warsaw are now taking shape. These include Q22 from Echo Investment and the Warsaw Spire from Ghelamco. A joint project by PHN and Hochtief Development Poland is also planned. So ‘Eurobuild CEE’ has been prompted to ask the awkward question: is there any room left for new office towers?
‘The tenants are kings’ – in my opinion this motto is the most suitable comment on the situation we are presented with. In reality it is the interest of tenants and their assessment that validates a project. Our experience shows that what companies most often appreciate is the so-called ‘2P’ (place, product) – a convenient location and a good product. By applying this rule, I can see the potential for more projects, of course at the appropriate time, with a suitable quality, and in the right location. And towers built in Warsaw’s central business district will certainly make a positive impact on the place/products i
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