March 2019


New tenants at Morski Retail Park

New tenants at Morski Retail Park

26 March 2019

Morski Retail Park in Gdansk has signed up five new tenants who will move into a building now under construction as part of the scheme’s extension. The following tenants have signed a lease: Komfort Lazienki (1,500 sq m), Komfort Podlogi (1,450 sq m), Komfort Kuchnie (600 m2) and Nexterio (900 sq m). In addition to that Bel-Pol will take up approximately 700 sq m of retail space. In total more than 5,000 sq m has been leased. Real estate advisory firm Savills acts both as a property manager and as exclusive retail space leasing agent on the park.

 
 
Two revamped buildings in Mokotów gain a new adviser

Two revamped buildings in Mokotów gain a new adviser

20 March 2019

Real estate advisory firm Savills has been appointed as sole office space letting agent for Innova Work Station (formerly Trinity Park II) and Signum Work Station (formerly Trinity Park III). Cooperation with Savills is part of the property owner’s new leasing strategy for the two buildings to capitalise on the rapid growth of the Służewiec area in Warsaw.

 
 
EUR 230bn - European investment volumes forecast

EUR 230bn - European investment volumes forecast

18 March 2019

European commercial real estate investment volumes are forecast to reach €230bn by the end of the year, which would mean that more than €200bn will have been invested in European commercial property for the sixth consecutive year, according to Savills. The firm notes that this is unprecedented in the history of the European investment market and underlines the continent’s status as a safe haven for investment.

 
 
Regional city office stock in Poland looks set to exceed 5 million sq m

Regional city office stock in Poland looks set to exceed 5 million sq m

14 March 2019

The office stock of Poland’s regional office markets will surpass 5 million sq m by the end of March 2019, says real estate advisory firm Savills. In 2018, new office supply in key business cities, excluding Warsaw, climbed a combined 500,000 sq m plus for the first time in history. Another 920,000 sq m is under construction.