Warsaw

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.

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.

Allegro, the most popular shopping platform in Poland, has signed a lease for 26,000 sqm GLA of office space (24,600 sqm NLA) in Poznań’s Nowy Rynek complex, whose developer and general contractor is Skanska. This is the largest transaction in the history of the Poznań market. The tenant was represented during the negotiations by international real estate advisory firm Cresa.

Cresa supports Primark in its entry and growth on the Polish market. The first store of 3,660 sqm of retail space will be located in Galeria Młociny in Warsaw.