Warehouse market is booming, developers go for new locations

Ray Allen, a company operating on the technology and IT services market, made the decision to lease nearly 500 sqm of office space in the Diamante Plaza office building located in Kraków’s Zabłocie.

The Danish brand that has been designing and manufacturing high quality furniture for more than 60 years signed a lease expansion for space on the ground floor of Kraków’s Diamante Plaza. Furthermore, BoConcept made the decision to extend its existing lease in the building owned by Aldesa, the leading Spanish development company. BNP Paribas Real Estate Poland has been in charge of leasing for Diamante Plaza for nearly a year now.

The Polish division of the renowned French brand has extended its existing lease for nearly 300 sqm of office space in the Bitwy Warszawskiej Business Center office building from the property portfolio owned by CA Immo. Małgorzata Małecka and Magdalena Żochowska from the Office Agency Department at BNP Paribas Real Estate Poland supported CAMAÏEU in the lease term renegotiation process.

The first three months of the year were marked by a record breaking volume of transactions amounting to more than 2.1 billion euro. This really positive result achieved in Q1 means that there is undiminished interest from investors in commercial properties in Poland, which is a good sign for the entire 2018 that now looks to have the potential to beat last year’s record.

The new office of the developer ECC Real Estate will occupy a space of approximately 370 sqm. The complex comprising the Topaz and Nefryt office buildings is located in Mokotów’s business centre at ulica Domaniewska 39. BNP Paribas Real Estate Poland consultants assisted the tenant in the search for the new office.

The new office to be taken up by Nordcloud, a leading provider of cloud services, will occupy more than 400 sqm of space on the fifth floor of a renowned retail and office centre located in the heart of Poznań. BNP Paribas Real Estate Poland Office Agency consultants were involved in the transaction.

Marek Pohl assumed the role of Head of the Valuation Department at BNP Paribas Real Estate in Prague, thus obtaining a promotion from the position of Senior Property Valuer.

BGŻ BNP Paribas Bank, part of the leading international BNP Paribas banking group, extended its lease for 8 500 sqm of office space in the Avatar building. Consultants from the Office Agency Department at BNP Paribas Real Estate Poland supported BGŻ BNP Paribas Bank during the analysis process.