British Polish Chamber of Commerce

The investment volume on the Polish commercial property market is estimated to have reached EUR 1.05 billion in Q3 2020. According to real estate advisory firm Savills, the industrial sector accounted for approximately 70% of that total, which illustrates the current investor preference for logistics properties, especially facilities dedicated to e-commerce.

Iceland, Sweden and Norway show top potential for hyperscale and cloud-scale data centre investment, followed closely by Denmark and the Netherlands according to research from Savills.

Commercial real estate advisory firm Savills has strengthened its industrial agency with the appointment of Patryk Romanowski.

Global law firm Dentons has appointed partner Piotr Szafarz as Head of the CEE Real Estate practice, where he will be responsible for strengthening institutional client relationships and enhancing Dentons’ position as the leading Real Estate practice in Central and Eastern Europe. In his new role, he will collaborate closely with Pascal Schmitz, Head of the Europe Real Estate practice, based in Paris.

Clear Channel Poland is planning to relocate its office to International Business Center in Warsaw early next year. The owner of the office building was represented in the transaction by real estate advisory firm Savills, while the tenant was advised by CBRE.

In 2020, office take-up hit its lowest level in ten years amid pandemic headwinds despite the largest-ever single lease contract signed to date and one of the highest volumes of new office space coming onto the Warsaw market on record, says real estate advisory firm Savills. Rents remained resilient and the overall vacancy rate is still below the levels last seen during the previous supply peak five years ago.

Eagle JVCo, the investment vehicle established in 2019 between Vienna-based Value One and Nuveen Real Estate on behalf of its parent TIAA, has agreed to acquire a portfolio of purpose-built student housing and two development sites in Poland.

Dubbing provider SDI Media Polska, which has produced Polish language versions of many well-known series, feature films and cartoons, will relocate its office from Empark to Mokotów Plaza in Warsaw in September 2021. M7 Real Estate, the owner of Mokotów Plaza, was advised on the 3,600 sq m office lease transaction by real estate advisory firm Savills.

Real estate advisory firm Savills has been appointed as sole letting agent for office space in the Grunwaldzki Center in Wrocław.

Global real estate advisory firm Savills has strengthened its Office Agency in Poland with the appointment of Marcin Sabowicz and its Industrial Agency with Adam Włochyński.