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Warsaw take-up rises 46pct with strongest demand for non-CBD locations

Posted on 17 August 2011

H1 11 take-up in Warsaw totaled 320,000 m² and was 46% higher when compared to H110, according to Savills, with non-CBD take-up exceeding 207,000 m².
The international real estate advisor states that average vacancy rates in Warsaw have dipped to 6.2% from 8% over the past 12 months but the most visible decline is seen in non-central locations where vacancy rates are lower than CBD at 5.2%. Within these markets, 42% of contracts signed were new leases compared to 30% in the CBD……………………………………….Full Article: Source


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