Key regions: United Kingdom, China, Asia, France, Europe
Poland has seen a significant development in its Commercial Real Estate market in recent years, driven by various factors such as customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Commercial Real Estate market in Poland have shifted towards modern and sustainable office spaces. Tenants are now seeking buildings that offer energy-efficient features, flexible floor plans, and advanced technology infrastructure. This change in preference is driven by the increasing awareness of the environmental impact of buildings and the need for cost-effective and adaptable workspaces. As a result, developers are focusing on constructing green buildings and renovating existing structures to meet these demands. Trends in the market indicate a growing demand for office spaces in major cities such as Warsaw, Krakow, and Wroclaw. These cities have witnessed a surge in foreign investments and the establishment of multinational companies, leading to increased demand for office spaces. Additionally, the rise of the technology sector in Poland has also contributed to the demand for office spaces, as companies in this industry require modern and technologically advanced workspaces. Local special circumstances in Poland, such as government incentives and favorable investment conditions, have further fueled the development of the Commercial Real Estate market. The Polish government has implemented various initiatives to attract foreign investments and promote economic growth. These include tax incentives, simplified administrative procedures, and the establishment of special economic zones. These factors have made Poland an attractive destination for both domestic and international investors, resulting in increased construction and development activities in the Commercial Real Estate sector. Underlying macroeconomic factors have also played a significant role in the development of the Commercial Real Estate market in Poland. The country has experienced steady economic growth in recent years, which has led to increased business activity and job creation. This, in turn, has driven the demand for office spaces and other commercial properties. Additionally, low interest rates and favorable financing conditions have made it easier for investors to fund real estate projects, further stimulating the market. In conclusion, the Commercial Real Estate market in Poland has experienced significant development due to changing customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. The shift towards modern and sustainable office spaces, the growing demand in major cities, government incentives, and favorable investment conditions, as well as steady economic growth and favorable financing conditions, have all contributed to the growth of the market. As Poland continues to attract foreign investments and witness economic expansion, the Commercial Real Estate market is expected to further flourish in the coming years.
Data coverage:
Figures are based on value of commercial real estate.Modeling approach / Market size:
Market sizes are determined by a bottom-up approach. As a basis for evaluating this market, we use national statistical offices. Next, we use relevant key market indicators and data from country-specific associations such as share of industry, manufacturing, and services of the GPD, price level index, GDP. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the market, for example, exponential trend smoothing.Additional Notes:
The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war are considered at a country-specific level.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
