British Polish Chamber of Commerce

According to Savills, European multifamily is now firmly established as Europe’s second biggest real estate sector. At €24.1bn it captured 23% of the investment activity in H1 2021 across the 12 countries that the international real estate advisor monitors. This compares to a five-year average of 16%. Office investment was the highest, accounting for 28% of the total, at €29.3bn.

According to Savills, the European logistics market is on track for another record year, as investment volumes and take-up activity are already in excess of five-year averages at the half-year point. Take up in Poland in H1 2021 exceeded 3,000,000 sq m the first time in history and was higher than France, UK and Spain.

Wrocław – Poznań – Warsaw – Kraków; four Polish cities with concentrations of British business, were the four venues for the BPCC’s cycle of face-to-face business mixers, organised as a welcome return to physical meetings after a year of lockdown.

The 2021 series of Nice to Meet You Again mixers came to a conclusion in Kraków on 9 September. The event, held at the Mercure Hotel, was sponsored by real estate agents Savills, recruitment firm Michael Page and Wyborowa Pernod Ricard.

Mazars has renewed its lease for 2,055 sq m of office space in Zaułek Piękna, an office building located at the intersection of Piękna and Krucza streets in Warsaw. In addition, 6B47 and Trend Energy Solutions have also signed up to join the tenants of the building. The landlord was represented during the leasing process by real estate advisory firm Savills.

According to Savills, the European retail sector is increasingly looking more attractive to opportunistic investors. In the UK, there was a rise in opportunistic interest in the sector in the last quarter, supported by significant yield correction. In Poland, secondary retail assets are being traded at double-digit yields.

Amplifon has extended its lease for office space in Forum 76 in Łódź. Having previously subleased an office in Forum 76, the tenant has now decided to stay on in the building for longer. An Indian restaurant Curry Masala has also signed up to join the tenants of the office building. Sharow Capital, the owner of the property, was represented for both lease transactions by real estate advisory firm Savills.

Savills Investment Management has completed the disposal of Marynarska Point I, an office property located in Warsaw to an investment fund managed by Adventum Group. The parties have agreed not to disclose the purchase price.

87% of respondents believe that the physical office is essential for successful business operations, reveals a survey conducted by real estate advisory firm Savills. Additionally, 54% of respondents feel that the hybrid model combining working from home and the office is the best for their health and well-being.

GARBE Industrial Real Estate Poland has entered a Polish market with an acquisition of a new flagship production and warehouse facility of Hubergroup located in Wroclaw. The parties have signed a Preliminary Purchase Agreement for a new 22,000 sq m Build-to-Suit facility, on a 20 year term sale & leaseback transaction.