Demand outpaces new supply on Polish office market in 2018

Demand outpaces new supply on Polish office market in 2018

Published at: 2019-02-07 10:22 | Author: CIJEurope.com
Demand for office space in Poland hit 1.5 million sqm in 2018, while 744,000 sqm of new office space was delivered to market, according to JLL’s latest report. Meanwhile, an additional 1.6 million sqm is currently under construction. It was a year of economic prosperity for Poland with GDP growth estimated at 5.3 percent, the best result since 2007. This was a key factor in the healthy demand for office space and the high construction activity. One of the most interesting trends of 2018, according to JLL, was an increase in flexible work spaces.

Similar Stories:

M7 Real Estate acquires two office buildings in Warsaw
M7 Real Estate has acquired from Azora Europa two Warsaw office buildings, Cristal Park an  »
3house expands space at Unimed in Bucharest
Coworking space operator 3house has added 1,700 sqm on two floors to its location at the U  »
Polski Holding Nieruchomości to build Intraco Prime in Warsaw
Polski Holding Nieruchomości has secured the final building permit for the construction o  »
Immofinanz acquires Warsaw Spire for €386m
Immofinanz has acquired the Warsaw Spire from Ghelamco and Madison International Realty fo  »
With demand for modern office space in Athens growing on a daily basis, developers and inv   »
HB Reavis broke into the big leagues by being aggressive on rents, building office space t   »
How would you describe the tenant mix at Mindspace? Co-working is a solution that takes i   »
You’re part of the HB Reavis group, which is an increasingly powerful player in office d   »