Our activities in Poland

“Our new team has signed some pre-leasing agreements with high quality tenants for Cedet and will soon start on Central Point, a visionary project.” Jacek WACHOWICZ,
CEO IMMOBEL POLAND
  • Residential
  • Offices
96.400 M²
total of the polish portfolio
839
residential units
18.000 M²
offices

Market Analysis

Offices
  • Warsaw accounted for 54.9 % of the office take-up in Poland in 2017.
  • Office demand in Warsaw was almost entirely from corporates last year.
  • CRE investment volume grew by 11 % y-o-y to more than 5 billion EUR in 2017.
Residential
  • Further growth has seen average prices of new builds exceed 2,000 EUR/m².
  • The economy and spending have been increasing despite relatively flat population growth.
  • Residential sales totalled 72,700 units in 2017, of which 93 % occurred in the six major markets.
Download the market analysis

Our projects in 2017

Residential

  • GRANARY ISLAND - Gdańsk
    • Phase 1: Start of construction works of footbridge Q4 2017.
    • Construction works of apartments, apart-hotels and hotel are ongoing.
    • Hotel is presold to UBM.
    • Apart hotel: 63 units out of 84 are sold.
    • Retail units on ground floor: 9 units out of 10 are sold.
    • Retail units on 1st/2nd floor: 15 units out of 32 are sold.
    • Parking: 73 units out of 133 are sold.

Offices

  • CEDET - Warsaw
    • Under construction.
    • The pre-rental ratio reached nearly 74 %.
    • The delivery of the building will take place during the first half of 2018.
  • CENTRAL POINT - Warsaw
    • Redesign of the underground part of the building and the lobby.