According to Knight Frank's latest European Quarterly Report, the European office market recovery has gained traction, on the back of improving corporate sentiment.
2015 is on pace to see a record-breaking volume of office space take-up in Warsaw. In Q3 2015 alone, the leasing volume totaled 222,000 sq m and the vacancy rate fell for the first time since 2011.
Commercial real estate markets across Central and Eastern Europe are having a good year for commercial investment activity.
International advisory company JLL is reporting this week that Poland's office market is enjoying a strong start to 2015 with strong leasing activity recorded in Q1, 2015.
European real estate is set to stay firmly in the spotlight for global investors with a resulting two-year window of high activity.
According to Cushman & Wakefield's European Real Estate Loan Sales Market Report, there was €12.2 billion of closed European commercial real estate loan and real estate owned transactions in Q1 2015.
The strong investment activity in the core Central European markets of Poland, Czech, Slovakia, Hungary and Romania has continued in the first quarter of 2015 with €1.3bn ($1.4bn USD) invested.
According to STR Global, the European hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, Euros and British pounds for February 2015.
In 2014, investor-lead transactions totaled €7.8 billion across all of Central and Eastern Europe's commercial real estate markets.
Warsaw-based real estate developer Global Trade Centre has issued bonds worth 200 million zlotys ($66 million) for future growth plans.
Polish property developer OKRE has obtained a building permit for a class A office building located in the Ochota borough of Warsaw, as the company expands its portfolio in Poland. This is OKRE's second project.
Investment levels in the Polish real estate market are set to reach a six-year high, as the country attracts more than half of investor interest in the region. Investment levels were previously spread throughout the central and eastern European region.
According to CBRE's report 'Warsaw Office Market View H1 2012' the demand for modern office space remains strong. The leasing activity in H1 2012 totaled 298,000 sq m, slightly less than in the corresponding period last year.