March 2018


Savills supports Chinese investors

Savills supports Chinese investors

29 March 2018

Real estate advisory firm Savills has set up China Desk, a special section within its Warsaw-based Corporate Finance & Valuation department, dedicated to Chinese investors interested in the Polish commercial real estate market.

 
 
Report: Flexible work places in Poland

Report: Flexible work places in Poland

27 March 2018

Coworking spaces took the Polish market by storm last year. Their growth continues unabated, confirming it as one of the strongest trends on the office market in many years. According to real estate advisory firm Savills, Poland has an estimated coworking space and serviced offices stock of 129,000 sq m, and in 2017, Warsaw alone saw more lettings signed for flexible workplaces than the capital cities of Spain, the Netherlands or Austria.

 
 
European prime office rents

European prime office rents

20 March 2018

European prime office rents saw an average year-on-year (yoy) rental increase of 6% in 2017, their fifth consecutive year of growth and they show no sign of abating for at least another three years, according to international real estate advisor Savills. In the last few years rents were relatively stable in Warsaw, however a small increase of rents is expected in the next few month. 

 
 
Successful re-commercialisation of Blue Office - the largest fitness club debut

Successful re-commercialisation of Blue Office - the largest fitness club debut

14 March 2018

More than 10,000 sq m was leased under recently signed leases for space at the Blue Office building, part of the Blue City retail complex located in Warsaw. New tenants include Fit/One, which will open its first centre in Poland on the scheme’s former office space, creating the largest fitness club on the Polish market Global real estate advisory firm Savills is the exclusive commercialisation agent for Blue Office.  

 
 
Demand outweighs supply on the investment market in Europe

Demand outweighs supply on the investment market in Europe

13 March 2018

Full-year European commercial investment volumes reached €234 billion in 2017, up 7% on 2016 – Savills Austria (+74%), Romania (+54%), the Netherlands (+46%), and Denmark (+32%) experienced the greatest annual increases in commercial property investment in 2017, as total investment across Europe rose to €234bn, a 7% increase year-on-year (yoy), according to Savills latest European Investment Briefing. In 2017 the total investment volume in Poland reached the record level of above €5.0bn, with the highest share of retail.

 
 
Savills launches an investment hub: a new comprehensive service on the commercial real estate market

Savills launches an investment hub: a new comprehensive service on the commercial real estate market

05 March 2018

Real estate advisory firm Savills has consolidated and reorganised some of its business lines in Poland. It has set up an investment hub providing a comprehensive range of advisory services on the commercial real estate investment market through cooperation involving individual departments.

 
 
Alfa Elektro in Prologis Park Chorzów

Alfa Elektro in Prologis Park Chorzów

01 March 2018

In mid-2018, electrical wholesaler Alfa Elektro will move to a new scheme at Prologis Park Chorzów distribution centre, more than tripling its current footprint. The tenant was advised in its lease of 16,100 sq m of warehouse, office and welfare space by global real estate advisory firm Savills.