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Office rental prices going down

According to the most recent Global Office Rents report prepared by CB Richard Ellis, Warsaw dropped in the ranking of world's most expensive office spaces from 45 to 54 place.

 

According to the most recent Global Office Rents report prepared by CB Richard Ellis, Warsaw dropped in the ranking of world's most expensive office spaces from 45 to 54 place. 


Daily 'Dziennik Gazeta Prawna' quotes that the decrese in prices by 14,7%  gave the capital of Poland 20 place in terms of the highest dynamics of price fluctuation. According to experts, migration on the office market should increase. Several new buildings will enter the capitol's market and their developers would not like to left them unoccupied so they will encourage leaseholders with attractive prices.


Afterwards, rents will increase - daily quotes. Due to the crisis, and especially difficult access to external means of financing, many constructions were halted. It translates to a decrease in supply in the next year. It will be more difficult to get attractive buildings in a good location and price range, especially because the supply is constantly increasing.


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