PL

Poland Tricity attracts with its Scandinavian climate

Material partner
It will soon be two years since the first COVID-19 cases appeared in Poland. What can be said about the current condition of the office market in our country?

Have developers recovered from the shock caused by the changes on the labor market and related to leasing of office spaces?

Agnieszka Krawczyk-Rogowska, leasing director at Skanska’s commercial development business unit: After the initial shock following the outbreak of the pandemic, companies were forced to start developing new strategies in terms of office work. However, as it is a long-term process, many companies are still debating on how to address this issue. Since last summer, we have been observing a lot of activity on the leasing market and an increased interest in office spaces. Most importantly, the length of the leasing process has changed – it takes much longer to conclude agreements today than before 2020. Nevertheless, we are optimistic about this year, as we expect companies to take considerable steps over the summer towards their employees’ return to offices.

The fact that working remotely is not ideal has been reflected, among others, in a recent survey conducted by Skanska among office employees in CEE. The results indicate that working exclusively from home has a negative impact on, for example, their mental wellbeing. Are companies aware of that?

Working from home has many advantages, but in the long term it does not have a positive impact on both individual and team work. Based on months of working remotely, employers have noticed that this model severely limits team management capabilities – not only in terms of operational management, as many managers have learned to distribute tasks for employees to perform at home, but also in relation to team development. Managers are not able to observe employees while they work – how they interact with their colleagues, what attitude they have towards their job, how they motivate others and how they look for solutions. As a result, it is difficult for managers to assess the soft skills of their employees or identify their strengths and weaknesses, which significantly affects the evaluation of an employee’s potential and the possibility to determine the direction for their development. At the same time, managers have realized that face-to-face meetings help in making the employees feel more integrated and emotionally connected to the company, which positively influences maintaining relationships with teams.

As a developer who is active in seven Polish cities, Skanska has a rather broad perspective in terms of local office markets. Are any of them particularly interesting?

In my opinion, a highly interesting market is Tricity, which is very attractive for IT companies, mainly due to a wide talent base. Unlike in Krakow or Wroclaw, where the markets are saturated, in Tricity it is easier for new companies to compete in recruiting the best specialists. All of this results in a demand for office spaces – core, flex or co-working, depending on the needs and the size of a given organization. Another advantage of Tricity that distinguishes it among Polish cities is its attractive location.

Tricity it is then. What are the market forecasts for this area?

Companies are interested in locating and developing their businesses in this region. We see a great potential in Scandinavian companies that perceive Tricity as a perfect place to operate, due to the cultural proximity. Good air quality, extensive railway and bicycle infrastructure, seaside climate and lifestyle, as well as an excellent connection with Warsaw – all that makes this market very appealing to corporations. What’s also important is the fact that Tricity offers a wide range of possibilities in terms of choosing an office location. Companies can choose between Gdynia, rather cosy Sopot, or Gdansk, with its business center in the district of Oliwa.

Speaking of the business center – Skanska’s representative in Gdańsk is the Wave office building. What distinguishes it among other structures of this type in Tricity?

Wave is our first project in Gdansk and one of the most sustainable office buildings developed by Skanska in Poland. The building is powered entirely by energy from renewable sources. The investment is surrounded by an anti-smog pavement made of green concrete, which, when exposed to sunlight, initiates a photocatalytic reaction. As a result, air pollutants, such as nitrogen oxides, are reduced to simple compounds that are safe for the environment. Nearly a quarter of the materials used for the construction of Wave contained recycled components and almost half of the utilized products were provided by local companies and suppliers. In addition, the building was constructed using products with a low VOC content and wood certified with FSC, which sets the standards for responsible forest management. All of these factors make our building attractive to tenants who value caring for the environment. Among such tenants in Wave is the Danish company LEO Pharma, which has now, due to its dynamic growth, leased additional office space in the building.

Let’s talk about the tenants. What are the most important factors that affect their choice of an office space?

The work model has changed significantly since 2020 – hybrid work has evolved from a temporary solution to an increasingly common practice. As a result, companies are facing the challenge of creating workplaces to which employees will want to, rather than have to, come. Therefore, employers are looking for the best office spaces on the market – modern, innovative, comfortable, stylish and eco-friendly – which will be an attractive alternative to working from home. Due to the pandemic, minimizing the risk of disease transmission is also a key factor. According to the survey conducted by Skanska in 2021, high sanitary standards confirmed by independent certification, such as the WELL Health-Safety Rating, which Wave has received, can encourage employees to work from office more often. For this reason, ensuring the safety of employees is a priority for tenants. Wave is also the first building in Tricity to receive the WELL Core & Shell certificate. One of the factors taken into account during the assessment process was Wave’s impact on the physical and mental health, as well as generalwell-being of its users.

Wave stands out among other investments in the Pomerania Province, also with its shared mobility hub. Do tenants appreciate such an amenity? How does it affect the immediate surroundings of the office building?

Wave is located at Tricity’s main thoroughfare. In addition, there is a bicycle path and a railway station in the vicinity of the office building. However, we wanted to offer our tenants an additional solution that would facilitate travelling to work and, at the same time, contribute to sustainable development – in this case, through promoting the trend of sharing. City Hub, the hub of shared mobility, is the first project of this kind in Gdansk. It is a unique space where you can rent electric scooters from Hop.City, via the Bolt app or Traficar vehicles. We have noticed that it is appreciated and used not only by tenants at Wave, but also local residents.

Latest news

Retail & leisure

POLAND Biedronka comes to Moje Bielany

schedule 02 December 2024
Opr./edited by NN

An 800 sqm Biedronka grocery store is to open on the ground floor of the Moje Bielany residential complex, which is being developed by CeMat A/S at ul. Wólczyńska 121 in Warsaw’s Bielany district.

Office & mixed-use development

Poland Infor extends lease at Globalworth’s Retro Office House

schedule 02 December 2024
Opr./edited by ANZ

Infor, a company offering cloud-based business software solutions, has renewed its lease at Globalworth's Retro Office House in Wrocław.

Warehouse & industrial

Slovakia First customer for Mountpark Bratislava

schedule 02 December 2024
Opr./edited by ANZ

Mountpark has secured Alza, an online retailer in Central and Eastern Europe, as the first customer at Mountpark Bratislava. Alza  has leased a 65,000 sqm facility in Building A at the logistics park, construction of which commenced in October.

Warehouse & industrial

CEE Garbe secures full occupancy

schedule 02 December 2024
Opr./edited by JC

Garbe has announced the full occupancy of all its industrial parks in the CEE region. The recently vacated space of 10,000 sqm in Garbe Park Senec was immediately occupied by logistics company Würth International Trading.

Retail & leisure

Poland Jubilee M Park opens in Pionki

schedule 29 November 2024
Opr./edited by ANZ

LCP Properties, part of the international M Core group, has officially opened M Park Pionki, the 50th retail park under the M Park brand in Poland. It is also the thirteenth M Park in the Mazovia region. 

Retail & leisure

Poland Antczak Group to build retail and service complex

schedule 29 November 2024
Opr./edited by ANZ

A service and retail complex Panorama Park II is being built in Kościelna Wieś. At the end of November, the foundation stone ceremony for the building took place.

Residential

Poland Capital Park Group launches landmark development in Katowice

schedule 29 November 2024
Opr./edited by ANZ

The 30-ha revitalised site formerly occupied by the Silesia Metallurgical Plant will become home to a modern mixed-use district Nowy Wełnowiec with predominantly residential functions. Nearly a third of the area will be dedicated to open green spaces. The Capital Park Group is responsible for the implementation and management of the project. 

Warehouse & industrial

Poland Panattoni builds for Hebe

schedule 28 November 2024
Opr./edited by ANZ

Panattoni will begin construction of a new park in the Silesian voivodship - Panattoni Park Sosnowiec V. The investment will ultimately comprise two buildings with a total space of over 52,000 sqm. The first tenant is Hebe, for which a BTS distribution centre will be prepared within the facility.

Warehouse & industrial

Hungary CTP hands over Tesco’s new 100,000 sqm logistics centre

schedule 28 November 2024
Opr./edited by ANZ

CTP has handed over a new 100,000 sqm logistics centre in Hungary to Tesco. Built as part of a greenfield investment spanning 60 ha near Szigetszentmiklós, the state-of-the-art facility aims to enhance Tesco’s efficiency in serving Hungarian customers and optimise transportation logistics. The centre will fully serve Tesco stores nationwide starting in March 2025.

Investment & finance

Polska React will change hands

schedule 27 November 2024
Opr./edited by JC

Echo Investment signed a conditional sale agreement for React, the office building in Łódź. Upon conclusion of the deal, the asset will be acquired by Summus Capital, an Estonian-based investment company.

Office & mixed-use development

Poland Transporeon stays at Porto

schedule 27 November 2024
Opr./edited by JC

Transporeon, an international logistics company, has extended its lease agreement at Porto Office A building in Kraków, where it occupies over 1,900 sqm.

Eurobuild Awards

Poland/CEE Great winners of the Eurobuild Awards 2024!

schedule 27 November 2024
Eurobuild CEE

Who won this year's 14th edition of the Eurobuild Awards? The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's winners. Congratulations to all on their well-deserved awards! 

Investment & finance

Germany ECE sells logistics centre in Hamburg-Billbrook

schedule 26 November 2024
Opr./edited by ANZ

The purchaser of the recently completed logistics property which was planned, developed and realised by ECE Work & Live is a German investor, represented by Savills Investment Management. 

Warehouse & industrial

Germany CTP signs deals totalling 30,000 sqm in Germany

schedule 26 November 2024
Opr./edited by ANZ

CTP has signed new leases with two logistics businesses on almost 30,000 sqm of space across CTPark Bremen and CTPark Oschersleben in Germany.

Warehouse & industrial

Poland P3 builds warehouse for ochama

schedule 26 November 2024
Opr./edited by ANZ

P3 Logistic Parks has started at P3 Poznań park the construction of a warehouse with a total area of nearly 27,000 sq m for ochama, a European omni-channel brand owned by Chinese retailer JD.com.

Investment & finance

Poland Ghelamco sells Warsaw Unit!

schedule 26 November 2024
Opr./edited by ANZ

Ghelamco has sold its flagship development in downtown Warsaw – the Warsaw Unit skyscraper at Rondo Daszyńskiego. It was acquired by the Swedish real estate company Eastnine AB listed on the Nasdaq Stockholm. This is the largest office market transaction that has been concluded in Europe this year.

Warehouse & industrial

Poland Leasing activity remains stable

schedule 25 November 2024
Opr./edited by ANZ

The Polish industrial and logistics market demonstrated resilience in the first three quarters of 2024. During this period, 2.1 mln sqm of new warehouse space was delivered, expanding the sector’s total stock to nearly 34 mln sqm (+9 pct Y/Y). 

Office & mixed-use development

Poland New centre of Gdynia

schedule 25 November 2024
Opr./edited by ANZ

Vastint has completed the II stage of the Gdynia Waterfront development. A modern multifunctional complex is being built in the heart of the city, next to Skwer Kościuszki. Ultimately, the scheme will offer 75,500 sqm of space.

Warehouse & industrial

Poland Poland secures a podium finish

schedule 25 November 2024
Opr./edited by JC

According to Cushman & Wakefield, Poland recorded the second-highest industrial take-up in Europe between January and September 2024. Looking ahead, robust demand, coupled with a decline in speculative construction, is likely to tighten the availability of warehouse space for lease.

Warehouse & industrial

Czech Republic New logistics hub near Prague

schedule 22 November 2024
Opr./edited by JC

7R and EQT Exeter will jointly develop a modern logistics park near Prague. The 56,000 sqm investment will consist of two buildings located along the D8 highway, which serves the Greater Prague area.

Latest in Material partner

schedule 07 October 2024

Brownfield rather than greenfield – a model for sustainable development at City Point Targówek

Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure expansion often requires the development of greenfields, with adverse impacts on both local ecosystems and communities. A sustainable alternative is to revitalise brownfield urban sites, as exemplified by City Point Targówek, a project led by Peakside Capital Advisors.

schedule 02 May 2024

Nordbygg 2024: Many innovations and strong interest

Last week, Nordbygg, Northern Europe’s biggest trade fair for professionals in construction and real estate industry, took place at Stockholmsmässan in Ävsjö, Sweden. 35,000 visitors attended which, combined with the 5,000 people on the stands, gives a total of 40,000 participants. New features for Nordbygg 2024 included the strong involvement of the City of Stockholm and a popular online app.

schedule 04 April 2024

Excellent Fern at Off Piotrkowska

Intensive commercialization of the multifunctional Fern building under construction at Off Piotrkowska Center has begun. A modern building, the construction of which will start at the turn of 2024/2025, offers 4,700 sqm of service space and 2,700 sqm of office space.

schedule 21 March 2024

New opportunities emerge in uncertain times

Over 20,000 delegates representing 90 countries gathered in Cannes for the 34th edition of MIPIM, the global urban festival that brings investors, political leaders and the real estate community together to facilitate relationships and find solutions to the challenges facing the built environment.

schedule 07 March 2024

Silesia invites you to Cannes!

We would like to invite you to the meeting: "Explore Silesia: Where Economic Resilience Meets Opportunity!", held at MIPIM this Wednesday. Silesia and its metropolise are one of the fastest growing and most innovative regions in Europe. During the discussion, the roots of its success and specific future prospects will be discussed.

schedule 12 February 2024

Challenges accepted at MIPIM!

The premier real estate fair of the year is now fast approaching! On March 11–15th, at its usual grand venue of the Palais des Festivals in Cannes, MIPIM will welcome delegations from more than 90 countries to take part in an extended four-day programme of speeches, panels, awards and networking

schedule 15 November 2023

In business, we focus on long-term partnerships

Michał Ptaszyński, Country Manager Poland, Logicor, tells us optimistically about the future of the logistics industry in Poland, the company's upcoming investment plans and explain why it is worth cooperating with local communities

schedule 29 September 2023

Łódź invites you to Munich!

We cordially invite all guests of this year's Expo Real to the events organized at the stand of the Łódź City Hall, "Eurobuild" will also be there as a media patron.

schedule 25 September 2023

Grounded in experience

Justyna Cymerman, the head of the urban planning department of land transaction consultancy Greenfields, and Michał Różycki, its director of the land department – living sector, tell us about the company’s greatest achievements, the state of the market, and what needs to happen next to tackle the housing shortage

schedule 06 July 2023

A solid relationship for years

Operational and financial systems supporting property managers are constantly expanding and changing to keep up with changing market needs. Good relationships between providers and users of these systems and a willingness to face challenges together remain invaluable.

schedule 13 April 2023

Land is the key to success but requires skills

Warsaw is one of the most affordable capitals in the European Union to live in. In order to maintain its competitiveness, it is crucial to expand the availability of plots

schedule 22 December 2022

Biuro Na Miarę - more comprehensive, across Poland

The company has been strengthening its position on the commercial real estate market as a specialist consultancy providing comprehensive tenant and landlord services.

schedule 02 August 2022

New ESG Report – Atrium

Atrium European Real Estate has published its 6th ESG report summarising the company's achievements in 2021. The report details the key initiatives involved in the implementation of the its ESG strategy. The company has set new and even more ambitious medium-term targets for 2030, which include a 40 pct reduction in the carbon footprint of its shopping centres by 2030, compared to 2019 levels. By 2050, Atrium wants to have become a carbon-neutral organisation.

schedule 15 June 2022

Power is in people

SKJB Szybkowski Kuźma Jeleń Brzoza-Ostrowska is a Polish boutique legal practice that’s not only celebrating its 5th birthday this year but also its listing on the Legal 500 ranking.

schedule 04 April 2022

Coworking in Atlas Tower

In the times of uncertainty due to the pandemic situation worldwide and restrictions connected with that, co-working spaces and offices are gaining more and more popularity amongst potential tenants. Flexibility of renting terms plus tax law support for new entrepreneurs are things highly needed for small and medium businesses and these come in handy when cooperating with Twój Startup foundation.

schedule 22 March 2022

Tricity attracts with its Scandinavian climate

It will soon be two years since the first COVID-19 cases appeared in Poland. What can be said about the current condition of the office market in our country?

schedule 01 February 2022

How to return to the office in good health?

Skanska has recently carried out its third survey on the return to the office in four countries – Poland, Romania, the Czech Republic and Hungary. While previous studies have focused on the needs of employees and their expectations of offices in the new reality, this time Skanska has focused on the impact that the pandemic has had on the employees’ mental health and well-being.

schedule 08 November 2021

Sustainable attraction

"Our research shows that 65 pct of employees in the CEE region want to work in a certified sustainable office. We expect that tenants will opt to migrate to new buildings that suit their needs better", admits Paweł Warda of Skanska Commercial Development Europe

schedule 20 October 2021

MAPIC returns to Cannes

MAPIC 2021 will be held at the Palais des Festivals from Tuesday, the 30th of November, to Thursday, the 2nd December, 2021

schedule 31 August 2021

It's a comfortable life

Ziv Zviel, the CEO of Atlas Estates, tells ‘Eurobuild’ about the company’s plans for the residential sector, top investments and the future of the market

Edition 11 (293) November 2024

Latest comments

Categories

Log in

Forgot your password? Reset password

Your order

Your data
Create an access password
The password will allow you to access the materials from any device
Invoicing data
Order summary
Net order
VAT (%)
Gross order
Already have an account? Log in
Payment security is ensured