PL

POLAND REdefinition, REduction and REnegotiation in the office sector

Events
Despite the switch to remote working, office buildings have not become a thing of the past, although their function has been REdefined – offices are now places for meetings and creative teamwork. The REduction of occupied space and the REnegotiation of lease agreements have also become commonplace. In a week’s time, at Eurobuild’s 7th INVESTED INTEREST Investment Market Conference, we will discuss the new reality facing the office investment market.

The development activity on the office market is high once again and soon thousands of square metres of usable space will be added to the office stock. Some experts are predicting that we are set to face an oversupply of office space and a growing vacancy rate, and thus lower rents. And this, in turn, will result in a further reduction in the popularity of the office sector in the eyes of investors. How will developers and tenants, including flexible office operators, adjust to the new REality? How can the office sector attract capital and convince investors that offices are still a promising asset?

The market’s top experts will analyse the situation at Eurobuild’s 7th INVESTED INTEREST Investment Market Conference. In the panel entitled ‘Oh Yes, I’m The Great Pretender’, which will take place online on April 22nd at 10:10 am, the speakers will be: Mike Atwell (Head of Capital Markets CEE, JLL), Hubert Abt (CEO, New Work Offices), Yovav Carmi (President of the Management Board, GTC), Rafał Mazurczak (Member of the Management Board, Echo Investment), Piotr Trzciński (Head of Investment for Poland, Savills Investment Management) and Łukasz Duczkowski (Investment Director, Globalworth Poland).

To view on take part in this discussion, simply register via the conference website.

Latest news

Events

POLAND Complete the survey and win some fantastic prizes!

schedule 24 March 2021
Eurobuild Conferences

We invite all cyclists, both regular bikers and those who only cycle occasionally, to fill in our questionnaire and share their comments and opinions on cycling to work.

Investment & finance

CEE region GTC looks on the bright side

schedule 14 May 2021

GTC has announced a gross margin from rental activities of EUR 27 mln with an operating profit before tax and fair value adjustments of EUR 15 mln.

Warehouse & industrial

CEE region CTP publishes strong quarterly results

schedule 14 May 2021

In its first financial results announcement since its IPO in March 2021, CTP has recorded a 16.9 pct rise in net rental income for Q1 2021 compared to the same period of the previous year.

Retail & leisure

Trei continues with Vendo expansion

schedule 14 May 2021

Trei Real Estate Poland has opened three new Vendo retail parks in May in Myśliborz, Koszalin and Piekary Śląskie.

Warehouse & industrial

Czech Republic Warehousing market tight in Prague

schedule 14 May 2021

Modern industrial premises in Q1 2021 in Prague and its surrounding districts could not meet tenant demand resulting in rapidly rising prices. according to the 108 Real Estate Agency.

Warehouse & industrial

CZECH REPUBLIC VGP starts fifth Plzeň hall

schedule 14 May 2021
Opr./edited by NN

VGP has begun the construction of the fifth hall of VGP Park Plzeň, in an industrial part of the city’s Bručná district.

Warehouse & industrial

POLAND Grembox in Panattoni Ruda Śląska III

schedule 14 May 2021
Opr./edited by NN

Packaging materials producer Grembox has leased almost 10,000 sqm in Panattoni Park Ruda Śląska III in Silesia.

Warehouse & industrial

POLAND Orchestral manoeuvre into MLP Pruszków II

schedule 14 May 2021
Opr./edited by NN

Wielka Orkiestra Świątecznej Pomocy [the Great Orchestra of Christmas Charity] has leased 1,500 sqm in the MLP Pruszków II logistics park.

Investment & finance

Poland Adgar buys PDT for Brain Embassy

schedule 13 May 2021

Adgar Poland has bought the 10,000 sqm PDT Wola building in Warsaw's Wola district.

Office & mixed-use development

Poland More windows in The Park

schedule 13 May 2021

Window manufacturer Velux has renewed its lease and expanded its office area in The Park Warsaw, a development owned by White Star Real Estate.

Retail & leisure

Poland Shopping to come back

schedule 13 May 2021

Shopping centre footfall in February, prior to the fourth lockdown, averaged around 80 pct of last year’s levels so shoppers are going to return to shopping centres once restrictions have been lifted, write Cushman & Wakefield.

Events

Poland myhive Warsaw Spire – the ‘Suits on Bikes’ starting point

schedule 13 May 2021
Eurobuild Conferences

myhive Warsaw Spire is now an established landmark of Warsaw’s Wola district, an office tower that probably no one needs a map or an app to find. Therefore it’s also the perfect meeting point for those taking part in our annual ‘Suits on Bikes’ cycle ride

Retail & leisure

POLAND LCP buys Green Park

schedule 13 May 2021
Nathan North
deputy editor

LCP Properties has added another retail park to its Polish portfolio – this time in Rawa Mazowiecka.

Warehouse & industrial

POLAND Pharma firm first in 7R City Park Warsaw Airport III

schedule 13 May 2021
Opr./edited by NN

Polish pharmaceutical company Polfa Warszawa has become the first tenant of 7R City Park Warsaw Airport III by leasing 5,500 sqm in the warehousing complex, which is under development close to Warsaw’s Chopin Airport.

Retail & leisure

ROMANIA More catering for Funshop customers

schedule 13 May 2021
Nathan North
deputy editor

Polish company Scallier has signed a number of lease agreements with food and beverage tenants for two retail parks of its Funshop Park network in Romania.

Office & mixed-use development

Poland VMLY&R enters Zabłocie Business Park

schedule 12 May 2021

Brand and customer experience agency VMLY&R has signed a 600 sqm lease agreement for space in the Zabłocie Business Park B office building in Kraków.

Warehouse & industrial

Poland Still No Limit in Tristar Grodzisk

schedule 12 May 2021

Logistics operator No Limit has renewed its lease in the Tristar Grodzisk industrial and logistics park.

Office & mixed-use development

Czech Republic Brewer enters BB Centrum

schedule 12 May 2021

International brewer ABInBev has leased 7,400 sqm in building B in the BB Centrum in Prague.

Office & mixed-use development

Hungary Doktor24 expands in CityZen

schedule 12 May 2021

Private healthcare provider Doktor24 has more than doubled the space it leases in the CityZen office building in Budapest, managed and operated by ConvergenCE.

Investment & finance

POLAND Londoners buy Polish warehouse portfolio

schedule 12 May 2021
Nathan North
deputy editor

Polish Logistics has expanded its portfolio with the acquisition of five logistics parks in Poland from AEW Europe with a combined area of 208,992 sqm.

Latest in Events

schedule 13 May 2021

myhive Warsaw Spire – the ‘Suits on Bikes’ starting point

myhive Warsaw Spire is now an established landmark of Warsaw’s Wola district, an office tower that probably no one needs a map or an app to find. Therefore it’s also the perfect meeting point for those taking part in our annual ‘Suits on Bikes’ cycle ride

schedule 05 May 2021

Brainstorm – a new discussion for our online conference

This last year has been a time of many changes, presenting considerable challenges for every business. In such a situation, it’s best to turn to the sector’s main experts and major players for their opinions and for inspiration, which is why Eurobuild CEE is launching a new online discussion format – on June 17th it will be time for us to Brainstorm!

schedule 04 May 2021

The 12th Office Market Conference for Poland – Trends & Outlook has a new date: June 17th

We had already got used to the fact that we would be meeting you at our office sector conference in May. However, we would like to inform you that we have been forced to postpone this year’s event – the new date of the conference is June 17th.

schedule 28 April 2021

10, 20, 30 questions to... Jeroen van der Toolen

I’m sure we all miss face-to-face meetings, but let’s take a look at the brighter side of the internet. Online events do actually have their advantages, such as their broader reach and the ability to talk to real estate experts from anywhere around the world. Will the online format also work for Eurobuild’s 12th Office Market Conference for Poland – Trends and Outlook?

schedule 23 April 2021

Don't stop me now!

‘Don’t stop me now!’ – The real estate market has been riding on a very rocky road over the last year, but it now seems that a long, clear path of rapid growth has opened up before it.

schedule 20 April 2021

Living on my own

The PRS market in Poland is still in its infancy, but a few pioneers have already laid solid foundations for its further development. In front of our very eyes, Poland is being turned into one of the PRS’s promised lands on the map of Europe.

schedule 15 April 2021

REdefinition, REduction and REnegotiation in the office sector

Despite the switch to remote working, office buildings have not become a thing of the past, although their function has been REdefined – offices are now places for meetings and creative teamwork. The REduction of occupied space and the REnegotiation of lease agreements have also become commonplace. In a week’s time, at Eurobuild’s 7th INVESTED INTEREST Investment Market Conference, we will discuss the new reality facing the office investment market.

schedule 14 April 2021

I want to break free

The first transactions of the year are now behind us. In the present circumstances, it seems from the scale and volume of these transactions in first quarter that perhaps we have little to worry about. But are all the signs really pointing to another successful year? The experts will discuss this and the future of the real estate investment sector at Eurobuild’s 7th Invested Interest Investment Market Conference on April 22nd.

schedule 07 April 2021

The Golden Boy

The pandemic might have upended the plans of many in a number of sectors, but not of those in warehousing. The warehouse market is still one of the fastest growing real estate sectors. It has proven to be immune to the turmoil caused by the pandemic, which has in no way prevented it from flourishing even further. The outlook for warehousing remains optimistic.

schedule 07 April 2021

Polish office market – before, during and after the pandemic

A year has now passed since the state of pandemic was declared in Poland. Since that time, the office market has had to face unprecedented challenges and has certainly been forced to change course. Let’s take stock of the state of the sector and look to the future at the 12th Office Market Conference for Poland – Trends and Outlook, which will take place online on May 19th.

schedule 19 March 2021

Are these the days of our lives?

These Are The Days Of Our Lives’ is both the title of a piece of music by a well-known British rock band and also the title of one of the discussion panels at the 7th INVESTED INTEREST – Investment Market Conference.

schedule 15 March 2021

An invitation for tennis from APP-Projekt

“As a long-term partner of the Eurobuild tennis tournament, we are proud to continue with our cooperation in organising this year’s event, especially in such difficult times,” emphasises Jacek Korwin-Małaszyński, a member of the management board of APP-Projekt, the Main Sponsor of the 16th Annual Eurobuild CEE Tennis Tournament.

schedule 15 March 2021

Piotr Kuczyński – the opening act of our investment conference

On April 22nd, Eurobuild CEE will again play host to a dazzling array of leading real estate market experts. And to get us off to the best possible start, it will be opened with a lecture by outstanding economist and financial market analyst Piotr Kuczyński.

schedule 09 March 2021

Mission: cycling to work. Target: the office worker

Who would have thought that our modest project, dreamt up one day by a handful of cycling enthusiasts, would still be going strong for the fifth year running? This year’s ‘Suits on Bikes!’ ride is to take place once again – on July 7th!

schedule 23 February 2021

Show yourself no mercy, you must keep fit!

Home office, closed gyms and reduced exercise have all been taking their physical and mental toll on each one of us. Fortunately, Eurobuild is, as usual, happy to come to the rescue – by announcing our latest golf and tennis tournaments!

schedule 10 February 2021

Media without Choice

The Polish government has just announced the introduction of an additional levy on the media, which it calls an advertising tax, cynically justifying the move as necessary for fighting the pandemic. This new burden will particularly hurt small, private, independent media companies that have already been badly affected by the Covid-19 outbreak.

schedule 27 January 2021

The search for a (tennis) star!

The champion for many years was Michał Małaszyński of APP-Projekt, while the last two years have been dominated by Krzysztof Stempień of Cresa. But who will be carrying off the trophies from the Eurobuild CEE Annual Tennis Tournament this year?

schedule 20 January 2021

Investment under pressure?

April 22nd is when Eurobuild’s 7th Invested Interest Investment Market Conference will take place. The event will be distinctive in two ways: firstly, because we will meet again in a more intimate manner than usual (a TV studio as well as in your apartments or offices); and secondly, this year’s discussions will be guided by the spirit of a well-known rock group that sold millions of records.

schedule 26 November 2020

Cautious optimism at The 26th Annual Property Market Conference in Poland

Eurobuild CEE's 26th Annual Property Market Conference in Poland took place on November 25th. And to sum up the tone of the discussions, it could be said that the general mood was one of cautious optimism.

schedule 06 November 2020

All we need to do is wait?

What’s the state of the Polish economy right now and how will it recover from the pandemic? And what influence will these macroeconomic factors have on the real estate sector? To find out the answers to these questions, we have invited Prof. Elżbieta Mączyńska to present her own analysis at the opening of Eurobuild’s 26th Annual Commercial Real Estate Conference in Poland.

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