The stable economic status of Poland and its growing importance in Central and Eastern Europe is still encouraging foreign investors to show a greater interest in our office market. Warsaw is, of course, the main beneficiary of the influx of international capital, but regional cities have been gaining in significance over the last few years. A large number of projects carried out in the capital city and, as a result, the growing vacancy, have resulted in a reduction of effective rent rates. I think that this trend will continue into 2016. The strong competition on the Warsaw market is persuading investors to become more involved in large regional cities. Apart from the dominant group of large office facilities that are currently under construction or planned, the smaller, cosier office building segment has also been developing very well. 2016 will bring more changes to the office market. Warsaw could see a further growth in vacancy related to the increasing amount of new office space a
EXPO REAL 2025: From survival mode to selective recovery
EXPO REAL 2025: From survival mode to selective recovery
This year’s EXPO REAL in Munich marked a noticeable shift in tone across industry conversations. Following a period of uncertainty and postponed investment decisions, the com ...
Axi Immo
Are lease agreements in retail parks still triple-net?
Are lease agreements in retail parks still triple-net?
The lease agreements concluded for retail parks increasingly feature solutions that differ from the classic Triple Net Lease agreements, particularly as regards the settlement of o ...
CMS
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