If all the office projects in the pipeline come to fruition, Łódź’s total office stock will expand by 143,600 sq m by the end of 2020. The city’s office market will, however, remain buoyant, say analysts of global real estate services firm Cushman & Wakefield. Leading developers are likely to soon commence new projects in the very heart of Łódź’s city centre and in the vicinity of Łódź Fabryczna Railway Station.
For weeks, we have been frightened with the prospect of mass emigration of Ukrainian employees to Germany due to the new legislation that makes it much easier to find employment on the other side of our Western border. Are we really about to face a serious challenge and shortage of labour? Let’s examine this more closely: the draft of the new act has only been approved by the...
Huawei Polska, the Chinese producer of telecommunications equipment, has named global real estate services firm Cushman & Wakefield the Best Business Partner 2019 in recognition of its cooperation with the firm in project management, cost control and project oversight during the relocation of its head office to Horizon Plaza in Warsaw.
Nearly 70,200 sq m of office space is currently under construction on Katowice’s office market, say analysts of global real estate services firm Cushman & Wakefield. Of the six projects underway, the largest is Face2Face Business Campus, comprising two phases with a total of 46,800 sq m.
Lublin’s total office stock remained unchanged at the end of June 2019, flatlining at 191,200 sq m. Despite the lack of new supply, occupier activity was healthy, which pushed the city’s vacancy rate down to 10.6%, representing a 9.1 pp decrease year-on-year.
Krakow’s total office stock amounts to nearly 1.35 million sq m. According to reports from developers, more than 110,000 sq m is expected to be completed by the end of 2019, pushing this year’s new supply up to a record high of 200,000 sq m. “The current situation on the Krakow office market continues to support demand, particularly in terms of a wide choice of office locations. Krakow is attracting strong interest from both new investors including coworking & serviced offices providers and established tenants, as evidenced by the growing volume of new leases and renegotiations. New supply in the city centre accounts for a substantial share of Krakow’s office stock and is being targeted by a high number of firms. Rents hold firm at approximately EUR 13.50/sqm/month, but headline rents in central locations are generally EUR 1.00–2.00/sqm/month higher,” says Dariusz Madej, Senior Negotiator, Office Agency, Cushman & Wakefield.
Cushman & Wakefield (NYSE: CWK) announced today that the firm was named the world’s top commercial real estate advisor and consultant for the second consecutive year by Euromoney’s 2019 Real Estate Survey. Cushman & Wakefield was also named the top advisor and consultant in Central and Eastern Europe, Argentina, Czech Republic, Denmark, Hong Kong, Peru, Serbia and Turkey, among other categories.
Sustainable construction on the market of industrial real estate has been one of the more interesting trends in recent years. With the increase of the environmental awareness and the desire to reduce the operating costs of industrial facilities (rising costs of energy), the tenants increasingly often request that the buildings they use be energy-efficient and generally ergonomic. Are ecological warehouses the future of the market?