Another company has decided to move its office to VIBE, Ghelamco’s latest project under development in the business center of Warsaw. Rödl & Partner, one of the leading consulting firms providing audit, BPO, tax and legal consulting and advisory services, has leased nearly 2,500 sqm of modern office space there. Newmark Polska advised the tenant in the transaction.

Although employment in the shared services sector is growing by the year, this has not led to stronger demand for office space. However, SSC/BPO/R&D centres remain key office tenants in Krakow and Wrocław. Warsaw also continues to feature on corporates’ radars.

There is more than 65,000 sqm of office stock under construction in Poznań, the capital of the Greater Poland region. Another 60,000 sqm is in the pipeline scheduled for completion by 2026. In addition, the Poznań office market is expected to see further growth of serviced offices

2023 was marked in Poland by a shrinking office development pipeline amid a continued focus on the optimisation of office footprints and overall office running costs. It was also another year in which both tenants and developers faced relatively high office fit-out costs.

A marketing agency has subleased nearly 600 sqm in The Tides office building in Warsaw. It was advised during the negotiation process by Newmark Polska.

Nearly 60 per cent of the commenced office space in Warsaw is concentrated in the City Center West office subzone, within the administrative boundaries of the Wola district. It comprises office complexes and buildings that are open to people and the city, sustainable and built using the latest technologies.

Anna Szymańska, Head of the Office Department at Newmark Polska, talks about how to renegotiate a lease to profit from it throughout its term, what to focus on, what not to miss, how to tackle costs and why it makes sense to engage professional advisers in renegotiations.

Flexible workspaces are going like hotcakes. Companies are enquiring about them in all large cities, but not only there. Serviced offices are also in demand in smaller towns, says Joanna Bartoszewicz, Senior Advisor, Office Tenant Representation, Newmark Polska.

Langowski Logistics, a specialist provider of international freight forwarding and logistics services, has moved its head office to Łużycka Plus, where it leased close to 1,330 sqm of modern office space. The tenant was advised in its search for the best location and lease negotiations by Newmark Polska.

Tenants cannot afford to make mistakes or lose top talent. Corporations are ready to give up some space to adapt to smaller budgets, but now, more than ever before, they are targeting offices in prime locations and modern ESG-compliant buildings

2022 was the year of mitigating the consequences of the war in Ukraine and high office construction and fit-out costs, and the continued adoption of hybrid working.

If all pending projects come to fruition on time, there will be no shortage of office space in Krakow. Occupier activity in the capital of the Lesser Poland region continues to focus on central districts that are well-connected to all the parts of the city, says Anna Madejska, Advisor, Newmark Polska.