Office & mixed-use development
Occupier demand in Poland’s regional city office markets rebounded in late 2024, says BNP Paribas Real Estate Poland in its report At a Glance. Regional City Office Markets Q4 2024.
Office & mixed-use development
International law firm White & Case has been secured by ABG Real Estate Group and HanseMerkur Grundvermögen as a long-term anchor tenant for11,670 sqm of the office space in the Central Parx development in Frankfurt am Main.
Office & mixed-use development
In the last quarter of 2024, Warsaw’s office market continued to experience stable occupier demand amid constrained new supply, reveals “At a Glance: Warsaw Office Market, Q4 2024”, a report from BNP Paribas Real Estate Poland.
Office & mixed-use development
Cornerstone OnDemand has decided to remain in Cracow’s High5ive complex. The company has extended the lease for over 1,500 sqm of space.
Office & mixed-use development
Pegasystems has extended its lease agreement at the Bonarka for Business office complex. The software development company leases a total of almost 4,000 sqm of office space in Building C and has been present in the complex since 2011.
Office & mixed-use development
According to the Axi Immo report ‘Office Market in Regional Cities’, which summarises the situation in the eight largest regional office markets in Poland, despite challenges in gross demand, stabilisation is still being observed. Decisions to start new investments are being made with great caution, and office building owners are focusing on improving the standard of the properties.
Office & mixed-use development
In May, the new headquarters of the global law firm Clyde & Co will open in The Form office building. The company's Warsaw office will occupy 1,100 sqm.
Office & mixed-use development
AND2, the tallest building in Poznań, is gaining a new tenant. BeIN Offices will offer coworking space located on two storeys, with a view of the city skyline.
Office & mixed-use development
ARM Processors has chosen Millennium Gardens as its new office in Budapest. The company will occupy over 3,400 sqm of premium office space in the complex.
Office & mixed-use development
In 2024, nationwide, companies leased modern office space outside Bucharest with a total area of 63,024 sqm, including both new office space leases and contract renegotiations, according to an analysis conducted by Fortim Trusted Advisors.
Office & mixed-use development
Cushman & Wakefield has summarised the situation in Poland’s largest office markets at the end of 2024. Leasing activity in both Warsaw and regional cities remained at 2023’s levels, while development activity continued to stagnate. By contrast, the capital market experienced a rebound, with the office investment volume rising to EUR 1.64 bln and Warsaw recording a more than threefold increase.
Office & mixed-use development
The company, which specialises in IT, finance and legal advice, has moved from the The Shire co-working space in the Warsaw Spire office building to an office in The Warsaw Hub. The tenant occupies approx. 900 sqm.
Office & mixed-use development
According to Cushman & Wakefield, around 105,000 sqm came on stream in Warsaw in 2024 across nine new projects, bringing total stock to 6.3 mln sqm at the end of last December.
Office & mixed-use development
Da Grasso, a franchise pizza restaurant chain in Poland, is relocating its head office to Green Horizon building in Łódź. The company has taken nearly 1,200 sqm of space designed to accommodate the needs of the rapidly growing organization.
Office & mixed-use development
PSN is set to begin transforming the brownfield site Brno Jedna on Plynárenská Street. In the coming years, it will become an urban district combining housing, work, and leisure.
Office & mixed-use development
VSoft has extended its lease agreement in Bonarka for Business office complex. The company leases a total of 1,777 sqm of office space in Building E. They have been a tenant in B4B for almost 10 years.
Office & mixed-use development
Revetas Capital has secured a new lease agreement in Bonarka for Business with EFL, a Polish leasing company.
Office & mixed-use development
Getinge, a provider of innovative medical solutions, has joined the tenants of Kraków's Enterprise Park office complex. The company has leased more than 1,900 sqm of office space on the third floor of Building D. The tenant will move into its new premises in March.
Office & mixed-use development
The year 2024 saw a period of stabilisation in the Warsaw office market, with an increasing concentration of new supply in the city centre and a high proportion of lease renegotiations. Key market drivers in 2025 will include the limited availability of large office spaces, the growing importance of ESG criteria, and the continued expansion of flexible office solutions, according to Axi Immo's latest market report, Office Market in Warsaw 2024.
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