Research

"The first half of 2020 was the strongest on record for the warehouse and industrial market in Poland, says real estate advisory firm Savills. Despite Covid-19 challenges, take-up set an all-time high halfway through the year. In addition, the leasing volume and the amount of new space coming onto the market were higher in Q2 than in the first three months of the year."

"Lockdown measures to contrast the spread of thepandemic have prolonged during the second quarterof 2020 – for many countries around the globe andparticularly in Europe. Adverse consequences fromthis major stalemate have been inevitable, despiteactions implemented in order to stem the decline andto reboot the economy."

"If there was such a thing as the perfect office, it would have to be highly flexible, highly versatile in terms of fit-out and constantly equipped with state-of-the-art technology."

"What will the Warsaw office market look like in the next 18 months? Experts of Savills have outlined two potential scenarios. Both scenarios foresee a short-term decrease in demand and rising vacancy rates, but with a different scale of impact of the Covid-19 pandemic on the Polish capital’s office market. Both also forecast that the market will remain resilient in the long term."