Insights

Due to the lockdown caused by the outbreak of the COVID-19 pandemic, most companies embraced a remote working model and scaled down business activity. How did this affect the Polish office market? Global real estate services firm Cushman & Wakefield presents a summary of H1 2020.

Global real estate services firm Cushman & Wakefield has summarized the Polish retail market. 406,000 sq m of retail space was handed over in 2019. The development pipeline currently stands at approximately 500,000 sq m, 85% of which is scheduled for opening by the end of 2020. Going forward, investors’ interest will increasingly shift towards smaller cities below 100,000 inhabitants, says Cushman & Wakefield.

As many as 165 tenants, developers, investors, coworking operators and media representatives from Poland and abroad attended the conference Coworking in Poland – Where Next?, during which global real estate services firm Cushman & Wakefield presented its report Coworking sector in Poland and latest data on the Polish flexible office market.

Over the last 40 years, Europe’s population aged 65+ has almost doubled in size. Meanwhile, 55% of people now live in cities, and single-person households are increasingly standard. In our Demographic Outlook report, we examine how real estate is reacting to these trends – and where the opportunities lie in 2020.

The concept of mixed use property development is undergoing a revolution. The new generation of developments will be altogether different: genuine multi-functional spaces that increase flexibility, create experiences, and provide maximum connectivity.