Flexible workspaces are going like hotcakes. Companies are enquiring about them in all large cities, but not only there. Serviced offices are also in demand in smaller towns, says Joanna Bartoszewicz, Senior Advisor, Office Tenant Representation, Newmark Polska.
Serviced and coworking offices have long ceased to be reserved only for start-ups, freelancers and small family-owned businesses. The pandemic, the war in Ukraine and worsening economic indicators have fuelled the popularity of flex offices among large and medium-sized enterprises. As a result, Poland’s flexible office stock has been growing steadily and has recently surpassed 320,000 sqm. Such space is available in modern office buildings as well as in tenement buildings, banks, shopping centres and private homes.
Flexibility in demand
“Due to economic uncertainty, tenants are taking a cautious attitude to long-term commitments. It is quite difficult to make plans looking several years ahead and in particular t
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