Trending

Rental declines in office buildings

It takes approx. 1 minutes to read this article

The COVID-19 epidemic has strongly stirred up the Polish office market. More vacancies and falling rents are to be expected

What is the situation on the office space market?

The need to work remotely is likely to have a significant and long-term impact on office rents. Experts predict that the price drop will be mild, but stretched over time. They also predict that the home office model will continue even after the pandemic ends.

Analysts say that vacancy supply will increase. They predict that Kraków and Tricitywill be in the worst situation. Warsaw is likely to fare slightly better. However, it is worth following the experts’ forecasts.

There is a high risk of a slowdown in the office space market. That’s why specialists associated in Polish Chamber of Commercial Real Estate demand inclusion of this sector in government support programs. Otherwise, the owners will not show flexibility towards tenants. Further demand for offices will be influenced by the specifics of each company and the location of operations

Add comment

Your email address will not be published. Required fields are marked *

*

Recommended articles
Why You Need Acoustic Foam Panels in Your Life
Why You Need Acoustic Foam Panels in Your Life
Have you ever wondered how some people are able to crank their music loud and not disturb their neighbours, while […]
How to decorate a kitchen in art deco style?
How to decorate a kitchen in art deco style?
Are you looking for art déco kitchen ideas? Read about the characteristics of this style and create an aesthetically pleasing and functional arrangement
5 colors that are perfect for a vintage style bedroom
5 colors that are perfect for a vintage style bedroom
What colors work well for a bedroom in vintage style? What should you consider when decorating?
Latest articles