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Tag: Katowice

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Summary of the First Half of 2024 in the Logistics and Warehouse Space Market in Poland

According to data from Colliers, by the end of the first half of 2024, the available industrial and logistics space in Poland exceeded 33...

Despite Over a Million Homes Built in the Last Decade, Housing Conditions for Poles Have Not Improved. Government Programs Also Fail to Deliver

Despite a strong cultural preference for homeownership in Poland, many people are still unable to afford to buy a home. The "Safe Credit 2%"...

PKP CARGO Undergoes Major Restructuring: Job Cuts, Asset Sales to Ensure Survival

The board of PKP CARGO S.A. has undertaken a difficult process of restructuring, which encompasses all areas of PKP CARGO S.A.’s operations. Corrective actions...

Office Market Challenges in Regional Cities: Over 40% Vacancy in Aging Buildings

At the end of the second quarter of 2024, the oldest office buildings in the regions had more than 40% of vacant surface space....

Attention Entrepreneurs: New EU Ruling Means Courts Will Penalize Even Minimal Payment Delays

Attention Entrepreneurs! Courts Will Punish for Minimal Delays in Commercial Transactions. So far, judges have been dismissing demands in which counterparties and creditors have been...

Katowice Maintains Position as Fifth-Largest Office Market in Poland, Sees Slight Increase in Demand and Stable Rents

Katowice remains the fifth-largest office market in Poland, with resources exceeding 751,000 sqm. Demand for office space in the city slightly increased in the...

Q2 2024 Sees Active Development in Poland’s Retail Market: Retail Parks Remain the Preferred Asset Segment

The second quarter of 2024 in Poland's retail market was marked by significant developer activity. Retail parks continue to be the preferred asset segment,...

Hybrid Work Drives Flex Office Boom in Poland

According to data from Colliers, over 90% of businesses in Poland have adopted a hybrid work model. This has led to a surge in...

July Marks Second Month of Declining Secondary Market Apartment Prices in Warsaw, Stability Seen in Other Major Cities

July was the second consecutive month of falling average prices per square meter of apartments on the secondary market in Warsaw. It was also...

Developers Lost Momentum? Sales Level Reverts to 2022 State – July Summary of the Real Estate Market

Developers Lost Momentum? Sales Level Reverts to 2022 State. July Summary of the Estate Market. Developers operating in the seven main markets cannot boast the...

One-Third of New Apartments Won’t Be Ready Until 2026 in Polish Cities

There is no shortage of developer investments slated for completion only in 2026 in the market. We examine the share of such projects in...

Housing Market Slows Down Amidst Uncertainty, But Single-Family Homes See a Boom: Prices Surge by 10% YoY

The second quarter of the current year was a period of uncertainty in the housing market. Buyers, anticipating a new credit subsidy program, were...

Donald Tusk Reveals Allegations Against NATO Ambassador Szatkowski and Government Irregularities

Prime Minister Donald Tusk informed the Sejm that during the previous government, the Military Counterintelligence Service (SKW) accused the then-ambassador to NATO, Tomasz Szatkowski,...

Price Stabilization in Secondary Housing Market Observed in Major Polish Cities

In Warsaw, June brought a long-awaited decrease in the average price per square meter of apartments on the secondary market. Signs of price stabilization...
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