PL

Polish service centre boom continues

Office & mixed-use development
POLAND Service centres with foreign capital are currently employing 150,000 specialists in 532 centres across the country, according to the latest ABSL report, ‘Modern Business Services Sector in Poland in 2015’.

This means that since April 2014, such companies have created 22,000 jobs across the country. Around 60 new Polish centres have been opened since the beginning of 2014. The report was released at the 6th ABSL Conference, which ‘Eurobuild Central & Eastern Europe’ was a media partner of. It was drawn up in cooperation with Antal International, Baker & McKenzie, Everest Group and JLL. Over the last two years the number of employees in the sector has increased by over a third. “As many as 250,000 people could be working in the sector by 2020. This represents a quarter of a million jobs for university graduates, specialists and managers,” predicts Marek Grodziński, the vice-president of ABSL and the director of the European network of Capgemini BPO Centres. Companies that have decided to open centres since 2014 include: General Motors, FedEx, Mars, Owens-Illionois, Toyota and UPS. ABSL reports that in 2002 there were only a few dozen service centres financed by foreign capital, whereas in 2007 the number has risen to 200 and in H2 2014 there were more than 500. “This is another year in a row when business services constitutes the largest sector in terms of direct investment in Poland*. A total of 356 global companies currently operate in Poland. Thanks to this sector, Poland has now become a recognisable international brand,” claims Jacek Levernes, the president of ABSL and a board member at HP Europa. Kraków, where 35,700 people work in foreign-owned service centres, has been the main location for investors from this sector for the last two years. Warsaw is next in the ranking with 27,000 people in such employment, followed by Wrocław (23,700), the TriCity (13,700), Łódź (13,100) and the Katowice and Poznań conurbations with 11,200 and 9,000 workplaces in the sector respectively. “The business services sector has been having a big impact on the growth of the office market. Service centres currently generate 65 pct of the demand for office space in regional cities outside Warsaw. What sets Poland apart in investors’ eyes, is the large number of very well developed urban centres such as Warsaw, Kraków, Wrocław, the TriCity, Katowice, Poznań, Łódź, Szczecin and Lublin,” explains Anna Młyniec, the director of office leasing and tenant representation at JLL.

Tony Blair was the guest of honour at this year’s event. IT specialists form the largest sub-group with 15,000 employees in the sector in Poland. The second largest group are finance and accounting specialists, who constitute 22 pct of the total. Those working in processes related to the financial industry, such banking, insurance and investment services, make up 13 pct of the total. Around 9 out of 10 of the centres provide services for entities from Western Europe and 45 pct service North American firms. According to ABSL, the business services in Poland are becoming more and more sophisticated every year, as 9 out of 10 of the companies surveyed responded. Poland also has the chance to attract global investment funds to put their money into this sector. However, this would require changes to the formal and legal regulations in terms of the simplification of the registration of international investment funds. Adjusting the current regulations would provide an additional income of around PLN 7 bln to the treasury over five years from tax and insurance fees, and would create an additional 100,000 jobs. “We are talking about well-paid jobs that will require expert knowledge, for example, the administration and management of asset portfolios, cash flow and risk analysis for the funds,” adds Jacek Levernes.

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schedule 30 October 2024
Opr./edited by ANZ

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schedule 07 October 2024
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Office & mixed-use development

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schedule 30 October 2024
Opr./edited by ANZ

Cushman & Wakefield has summarised the situation on the Warsaw office market for Q3 2024. Office take-up, both in leasing volumes and transaction numbers, was comparable to that recorded in the same period in 2023. Meanwhile, muted development activity, falling vacancy rates and shrinking land availability are likely to encourage investors to launch redevelopment projects.

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schedule 30 October 2024
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Office & mixed-use development

Poland BGK stays in Varso

schedule 30 October 2024
Opr./edited by ANZ

Bank Gospodarstwa Krajowego has decided to extend its lease agreement for 13,600 sqm of office space in Varso Place. The company occupies five floors of the building.

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schedule 30 October 2024
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schedule 30 October 2024
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schedule 30 October 2024
Opr./edited by ANZ

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schedule 29 October 2024
Opr./edited by ANZ

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schedule 29 October 2024
Opr./edited by ANZ

The Neon logistics centre, developed for Hermes Fulfilment by Panattoni, has been opened. The area of the investment in Konin Żagański amounts to over 250,000 sqm.

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schedule 29 October 2024
Opr./edited by ANZ

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schedule 28 October 2024
Opr./edited by JC

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schedule 28 October 2024
Opr./edited by JC

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Romania OUP gains millions from leasehold sales

schedule 28 October 2024
Opr./edited by JC

One United Properties has sold long leasehold properties, part of its portfolio of commercial projects, worth EUR 52.4 mln in the last 18 months. The total GLA of the assets is 20,851 sqm.

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Europe Operating costs in industrial halls decrease in Prague

schedule 25 October 2024
Opr./edited by ANZ

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Poland MHP awarded with ULI prize

schedule 25 October 2024
Opr./edited by ANZ

The Museum of Polish History in Warsaw, designed by the WXCA studio, was one of seven winners of the ULI Global Awards for Excellence 2024, awarded by the Urban Land Institute. Presented in the Arts and Culture category, the award is one of the highest international honours in the real estate and urban planning industry. 

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Poland Museum of Modern Art opens

schedule 25 October 2024
Opr./edited by ANZ

The Museum of Modern Art opens to the public today. The residents of the capital have been waiting for this investment for nearly twenty years. It is not only a major new institution on the cultural map of Poland, but also another project changing the centre of Warsaw.

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schedule 25 October 2024
Opr./edited by MR

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Warehouse & industrial

Czech Republic Czech industrial rents hold steady

schedule 24 October 2024
Opr./edited by JC

Industrial Research Forum announced Industrial Market Figures for Q3 2024. Space under construction in Czech Republic is significantly larger than new supply so far in 2024.

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schedule 24 October 2024
Opr./edited by JC

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Latest in Office & mixed-use development

schedule 30 October 2024

Warsaw office market stable

Cushman & Wakefield has summarised the situation on the Warsaw office market for Q3 2024. Office take-up, both in leasing volumes and transaction numbers, was comparable to that recorded in the same period in 2023. Meanwhile, muted development activity, falling vacancy rates and shrinking land availability are likely to encourage investors to launch redevelopment projects.

schedule 30 October 2024

BGK stays in Varso

Bank Gospodarstwa Krajowego has decided to extend its lease agreement for 13,600 sqm of office space in Varso Place. The company occupies five floors of the building.

schedule 24 October 2024

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schedule 23 October 2024

Sirius fully commercialised

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schedule 23 October 2024

Ace of Space take off

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schedule 22 October 2024

Grundmanna Office Park A is ready

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schedule 18 October 2024

HCLTech stays in building managed by EPP

HCLTech is staying at Krakow's O3 Business Campus for the next five years. The tenant occupies four floors with a total leasable area of over 7,000 sqm. 

schedule 18 October 2024

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Two law firms have decided to extend their existing leases in the Metropolitan Warszawa building. In total, Gide Loyrette Nouel and Norton Rose Fulbright will occupy more than 3,000 sqm of office space.

schedule 17 October 2024

Techstep takes second floor in Officyna 

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schedule 15 October 2024

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A mixed-use complex on ul. Ewangelicka in Lublin has been granted a building permit. The size of the project developed by the KKL company is over 17,800 sqm.

schedule 14 October 2024

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schedule 11 October 2024

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schedule 09 October 2024

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schedule 09 October 2024

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schedule 08 October 2024

Polkomtel chooses Sterlinga

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schedule 08 October 2024

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schedule 07 October 2024

Kruk moves into B10

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schedule 03 October 2024

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schedule 03 October 2024

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schedule 02 October 2024

Charities move into Diuna

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Edition 10 (292) September 2024

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