Some companies are choosing to relocate production plants from Asia to Poland to diversify business activity and shorten supply chains. On the other hand, western firms are setting up factories in Poland to bring operating costs down and take advantage of a range of benefits with which individual regions want to attract investors.
Panattoni, the industrial property market leader in Europe, to deliver a dedicated facility for TJX Europe.
According to “Occupier Insight: Poland – Industrial and Economic Overview”, a report prepared by real estate advisory firm Cresa, total take-up volume in 2020 hit a record high of 5.2 million sqm in 2020, up by 28% on the previous year and 139% of the annual average from 2015-2019.
The Polish office market reports are available now.
Commercial tenants will be receiving service charge statements for 2020 over the coming weeks. Should they expect some savings for the lockdown months? There is no one-size-fits-all answer to this question. A lot depends on the extent of office utilization by the tenant, the building itself and action taken by property managers during that time.
While monitoring the real estate industry, employers are displaying continued willingness to make new hires. Companies are developing growth plans and new players are entering the market, particularly in the warehouse and industrial sector, says Marta Kulik, HR Business Partner at Cresa Poland.