Published at: 2017-08-17 10:05 | Author: report
The Polish office market has seen rapid growth, with Warsaw’s office stock more than doubling over the last 10 years, according to Cushman & Wakefield’s Skyline Tracker report.
The largest increase in available office space was recorded in the last 18 months when 540,000 sqm was delivered to the market, increasing supply by 11.5 percent. Warsaw’s total office stock topped 5.1 million sqm during the first six months of 2017. “This year’s office supply in Warsaw is expected to hit 320,000 sqm, slightly above the 2012–2016 average. Approximately 190,000 sqm is to be delivered to the market in 2018 and a further 315,000 sqm in 2019. If there is no change in economic condit...

Similar Stories:

GROW in Berlin tops out
Townscape held the topping-out ceremony for the GROW office building in Berlin. Located on  »
JLL, CBRE to lease Budapest ONE Business Park
JLL and CBRE have been jointly appointed to lease Budapest ONE Business Park, which is bei  »
Demand outstrips supply on Warsaw office market in 2017
Office take-up in Warsaw more than tripled new supply last year, according to the latest C  »
TWO | The Wiesbaden Office tops out
Development Partner and DDC/KPE Projektentwicklung held the topping-out ceremony for TWO |  »
Czech Republic  ♦  Three PropTech myths debunked
Something is happening here. And as it happens with anything that’s new, the whole movem   »
Shopping centers accounted for 134,000 sqm of the growth. The biggest projects delivered i   »
Portland Trust has begun construction on Building C, the final phase of Oregon Park. A sig   »
Ghelamco has sold building B of the Warsaw Spire office complex for €100 m. The buyer of   »