Strategic location, strong local economy and qualified staff are Tri-city magnets for investors, at least according to a report: Tri-City Real Estate Market, September 2012, prepared by Jones Lang LaSalle, in cooperation with Invest in Pomerania and companies Hays Poland and REAS.
What attracts investors to Tri-City?
Only in 2012, its centers in the Tri-City opened five foreign corporations: Bayer AG, WNS, Metsä Group, Misys and OIE Support.
- Tri-City metropolitan area, now inhabited by about 1.2 million people, is a leading economic center in the north of the country, which in recent years has also become one of the leading locations for service centers in Poland, with particular emphasis on IT and finance-accounting centers. Multinational corporations recognize both the economic potential and human resources, openness to cooperate with authorities, investors, and high standard of living, and they are placing key projects here in the modern sector of business services. The influx of foreign investors and the growing reputation of the Tri-City drives urban development in other areas - Says Patricia Lannoije, Director of Market Research and Consulting of Jones Lang LaSalle.
Tri-City is the largest office market in northern Poland and fourth in the country. Since 2005, there was a doubling of the resources of modern office space, which amount is now 370 000 sq m. The biggest market in the region is Gdansk, which brings together more than 50% of the office buildings, 40% in Gdynia and the remaining 10% for touristic Sopot.In Gdansk there are most of the office buildings being built: Olivia Point & Tower (21 000 sq. m.), Alchemy Phase I (16 500 sq. m.) And Office Center Neptune (15 300 sq. m.). Experts point out that in the future, Gdansk portfolio of office space will continue to grow successfully. The new office space will also be created in the future in Gdynia, including the service and shopping complex Panorama Business & Retail Park (planned office space - 30 000 sq m).
- Tri-City office market was until recently dominated by local real estate developers. In recent times, however, we see an interest on the part of the agglomeration of national and international developers such as Hines, Multi Development and Echo Investment - Says Magdalena Reńska, Director of the Tri-City Branch of Jones Lang LaSalle.
Currently, in the Tri-City area there is around 80 000 square meters of modern office space being built.