November 2024-Litwiniuk Property advises on the lease of office and warehouse space in Warsaw.

The consulting firm Litwiniuk Property Sp. z o.o. advises corporations and companies on the lease of office space in class A office buildings and class A warehouse and production space in logistics parks in Warsaw and in regional cities throughout Poland and Europe. The company also provides FM management services (Property and Facility management services).

Patryk Litwiniuk - General Director of Litwiniuk Property Sp. z o.o. said - "The resources of modern office space in Warsaw currently amount to approx. 6.3 million m2. In the 2024, tenant activity on the Warsaw office market remained at a constant and stable level. Investors implemented new investments in parallel with signing pre-lease or lease agreements. In 2024 the vacancy rate in Warsaw dropped slightly and reached approx. 10%. Rent rates in the newest office buildings and top locations are around 23-30 EUR/m2 and 14-18 EUR/m2 outside the center. Renegotiations of current contracts accounted for around 60% of all transactions, and new lease agreements for around 40%.

"Among the new and top office buildings in Warsaw, it is worth mentioning the office building "The Bridge" (investor: Ghelamco) built next to the office building "Warsaw Spire" at Grzybowska and Plac Europejski, offering 47,000 m2, the office building "Skyliner II" at Rondo Daszyńskiego (investor: Karimpol SA) offering 23,000 m2, "The Form" in Wola offering 28,500 m2 of office space, "Upper One" being built at the intersection of Grzybowska Street and Aleja Jana Pawła II - the investment is being built on the site of the demolished Atrium International office building by Strabag, or the comprehensive revitalization of the office building "V Tower" at Chmielna Street, offering 32,700 m2 of modern office and service space." - added Patryk Litwiniuk - General Director of Litwiniuk Property Sp. z o.o.