At the end of the first half of 2019, Warsaw’s total office stock amounted to 5,543,700 sq m, up by 80,550 sq m since January. The city’s vacancy rate stood at 8.5%, equating to 427,900 sq m of readily available space, which represented a 2.5 pp decrease compared with the same period in 2018. Prime headline rents remain flat at EUR 23.75/sq m/month.
Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced its strategic partnership with Fifth Wall, a venture capital firm focused on technology solutions for the global real estate industry.
Ethos, class A office building, located at the heart of Warsaw, has been sold by Kulczyk Silverstein Properties to a Credit Suisse Asset Management real estate fund. Avison Young and CBRE jointly represented the seller throughout the sale process.
To celebrate the National Dog Day in Poland, Cushman & Wakefield and Colliers International have organized a charity for four-legged charges of the shelter in Pomiechówek. The joint campaign was held next to Metropolitan building in Warsaw on 1 July 2019 and comprised painting kennels and collection of toys, leashes, blankets, and dog food.
Global real estate services firm Cushman & Wakefield has won an award in the category Corporate Real Estate Consultancy at the CEE Manufacturing & Logistics Awards gala organised by EuropaProperty.com and CEO Manufacturing Magazine. The event was held on the 13th of June 2019 at Raffles Europejski in Warsaw.
Sagittarius Business House, an office building in Sucha Street in Wrocław, has received the BREEAM International New Construction certificate with an Excellent rating. It excelled mainly in transport, energy and water consumption, and waste management. An independent BREEAM audit of the building was conducted by WSP Polska Sp. z o.o. Global real estate services firm Cushman & Wakefield is the property manager on behalf of German-based Warburg-HIH Invest Real Estate, the owner of the complex.
Global real estate services firm Cushman & Wakefield has awarded promotions to new positions to four of its employees. Karol Pańczyk was promoted to Associate Director, while Magdalena Popiołek, Konrad Jacewicz and Mikołaj Niemczycki became Associates.
New research from Cushman & Wakefield has revealed European retail park floorspace increased by 2.2% in 2018, reaching a total of 50.1 million square metres (sq.m), with France and Spain leading the way in terms of new schemes.
Fast delivery and labour requirements are key factors in the choice of a warehouse location for e-commerce tenants in Poland, say survey respondents. What is the importance of the fit-out and standard of space? How important are automation and welfare facilities to employees?