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FEATURED PRESS RELEASES
It’s hard to keep up with trends as it takes several years to complete an office project from its design to actual delivery. The office market is however doing its best to keep up with changing trends and workstyles by offering bespoke tenant solutions.
GLOBAL PRESS RELEASES
The Czech Republic is the best manufacturing destination in Europe. It also has an excellent position for recovery after the coronavirus crisis.
The 1H 2020 preliminary investment volume amounted to $6.13 billion, 45 per cent lower than the 1H 2019’s volume of $11.24 billion.
Christine Li • 02/07/2020
The Italian Hospitality team of Cushman & Wakefield, acted as advisor for Reale Immobili S.p.A. for the search and selection of a new operator for the management of The Carlton Hotel Milano, 5-star hotel L, located in the heart of Milan's Fashion District, in Via della Spiga, the most famous shopping street in the city.
Raffaella Pinto • 01/07/2020
MarketBeat • Office
At the end of 2019, the combined office stock of Poland’s regional city office markets climbed to 5.61 million sq m, surpassing Warsaw’s 5.59 million sq m for the first time in history. The total office stock of the nation’s nine largest markets (Warsaw, Krakow, Wrocław, Tricity, the Upper Silesian and Zagłębie Metropolis, Poznań, Łódź, Lublin, and Szczecin) came close to 11.2 million sq m at the end of last year, representing an almost 8% increase on 2018’s level.
MarketBeat • Retail
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.