According to the “At a Glance – Regional Office Markets – H2 2018” report drawn up by the Research and Consultancy Department at BNP Paribas Real Estate Poland, Kraków and Wrocław are at the lead of cities with the highest volume of new office supply for 2018. The two markets hold 59% of the new space completed and delivered in the eight key regional cities and account for more than half of the net take-up generated last year.
The largest schemes in the Tri-city
Projects with the area of more than 15,000 – 20,000 sq m – and sometimes even as much as 30,000 sq m – developed within one phase account for more than half of the current stock under construction. The favourable situation on the market encourages developers to invest on greater scale than before
Patrycja Dzikowska, Dyrektor Działu Analiz Rynkowych i Doradztwa, Europa Środkowo – Wschodnia, BNP Paribas Real Estate Poland
Demand continues to grow, regions are becoming an interesting alternative for Warsaw
More businesses are nowadays taking the decision to open a second – after Warsaw – location in the regions to place those operations there that do not have to be run in the capital. Another reason is the highly educated workforce and – despite the continued upward movement – the still competitive costs of employing and retaining those employees. Additionally, attractive headline rents, lower than those recorded in Warsaw, are of considerable significance here.
Małgorzata Fibakiewicz, Dyrektor Działu Wynajmu Powierzchni Biurowych, BNP Paribas Real Estate Poland