Published at: 2019-03-20 15:50 | Author: Robert McLean
With single-digit vacancy and only modest new supply, Walter Herz sees higher rents on the way for tenants
Office developers in Warsaw can’t keep up with demand lately. Take-up hit record levels in 2017, but the market managed to break that record once again in 2018 with a total of 850,000 sqm of leasing - 50,000 sqm more than the year before. According to the consultancy Walter Herz, flexible space operators are responsible for a good deal of the growth. Last year, the rapidly growing sector was responsible for 14 percent of leasing activity in the Polish capital.
But despite growing demand, the am...

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