Business services in Poland now occupy 3.5 million sqm of office spaceThe BSS sector is driving growth in Polish cities and dominates the regional office landscape. Companies from this sector account for more than half of leased space outside of Warsaw.
Offices full of plantsThe rapidly growing trend of biophilic design, i.e. restoring nature to human surroundings, accompanies us both in commercial and private spaces. We notice the introduction of natural materials, lighting and, of course, plants into interiors. As observed by Tétris, the market leader in fit-out of commercial spaces, the fashion for sustainability started before the pandemic, but recently it has become even more popular. This is compounded by the changes that have taken place in the way property managers and employers see office function, putting employee comfort at the heart of the equation.
More offices and residential units in Katowice – developers’ record-breaking activityThe Katowice market sets records with 160,000 sqm under construction, 14% of the office space being built in the country, as well as over 1,400 new units launched for sale on the primary residential market.
JLL strengthens strategic advisory for business services sectorŁukasz Czajkowski joins JLL as an expert responsible for enhancing relations with the BSS sector – the key tenant of modern office space in Poland.
Paweł Sztejter joins JLL Poland’s Management BoardPaweł Sztejter has been appointed Vice President of JLL Poland’s Management Board. He takes over from Kazimierz Kirejczyk who will continue his strategic work with JLL’s residential team.
Records tumble in Poland’s industrial marketDemand for warehouses at 3.15 million sqm and new supply at 1.14 million sqm set new H1 records for the industrial market. Poland registers Europe’s second highest developer activity with over three million sqm under construction.
Emole chooses warehouse in Panattoni Park Pruszków IIEmole, a logistics company, has leased 1700 sqm of warehouse space at Panattoni Park Pruszków II near Warsaw. JLL experts advised Emole in the process of finding a location and negotiating lease conditions.
Poland’s office market now totals 12 million sqmTenants on the office market are cautiously optimistic as demand for offices outside Warsaw grows. Advisory company JLL summarizes the situation on the Polish office market in H1 2021
Will 'revenge demand' revive the hotel sector?The 75% occupancy limit does not mean working at full capacity, but the recovery of the hotel market is driven by the return of holiday travel and stronger demand for hospitality services. Although the industry is facing a number of challenges, hotel owners hold onto their assets, they are reluctant to sell at a discount, believing that business will return to pre-pandemic levels.
JLL strengthens its investment coverage across Central and Eastern EuropeJLL has today announced changes to the CEE organisational structure to further enhance its market-leading investment expertise in this region. This comes in response to the improving real estate market sentiment, where there are numerous opportunities for companies to move from managing current risks to influencing the market’s future.
Residential areas increasingly expanding their retail offerTenants are responding to the change in customer preferences and are now increasingly likely to choose retail premises in modern residential areas. As JLL found in Miasteczko Wilanów in Warsaw, 2021 has seen the number of ground floor units grow by more than 100, an almost 25% increase on 2018. This trend is not limited to the capital city.