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Warsaw’s office market still in a good shape

Jones Lang LaSalle summarised the office market data and trends in Warsaw and the other main Polish cities after Q1 2012. Demand
The first three months of 2012 looked very positive in terms of office space take-up in Warsaw. In Q1 over 125,000 sq m were leased (comparing to 574,000 sq m in the entire 2011) of which 40,000 sq m constituted lease renewals. The situation on the demand side in Warsaw is expected to remain positive throughout the entire 2012. The most significant deals signed in Q1 included ING (pre-let of over 12,000 sq m in Plac Unii), Societe Generale (renewal of 4,100 sq m in Saski Point), GFK Polonia (new deal of 3,600 sq m in Ludna 2), Wolters Kluwer (pre-let of 3,400 sq m in Wola Center), Sage (new deal of 3,000 s...[…]