Is the Polish warehouse market ready for a sector boom?
Is the Polish warehouse market ready for a sector boom?
The large regional cities of Poland
The total modern retail space in Poland amounts to 10.6 million m². Traditional shopping centres constitute majority of this volume. There are also two other formats of retail projects: retail parks and outlet centres.
Poland remains one of the best-performing markets in the CEE region. A good macro-economic situation, falling unemployment, an uninterrupted flow of EU funds, low interest rates and developed markets continue to stimulate investors’ curiosity in Polish commercial properties and this is not likely to change in the upcoming months.
It’s hard to define a good formula for a suitable working space that will please every company. Currently, average leases are signed for around five years. No later than one year before the lease agreement expires, a tenant should consider the future of their office space.
Recent changes in the way of thinking about office architecture allow for higher work efficiency in any company. Today, the office is a place that creates opportunities for employees to effectively implement various tasks, develop personally – and rest.
Before we ask ourselves about the future for leisure, we need to look to other countries which have developed a comprehensive offer, one that remains successful and profitable and hence can be deemed sustainable over the medium to long term.
Driving along Kraków’s ul. Reymonta towards the AGH University swimming pool facility, one cannot help but see the extent of the university campus with block after block of student accommodation.
Buying a property can fall into one of these three categories:
The lease rent and other payments associated with the lease of a commercial office space constitute a significant part of costs incurred by a company. In the case of lease agreements, they also form long-term liabilities. Concluding a lease agreement therefore, although it undoubtedly offers a company many opportunities for development, may also pose certain risks.
‘Nearly Zero Carbon’ is great for architecture
Those who remember the Polish real estate and construction market as communism was ending are aware of just how far it’s come in such a short time.