CBRE Office Agency gains 25% market share in Poland again and keeps number 1 position

Warsaw, 13 February 2014 – CBRE, the world’s leading commercial real estate advisor, has announced its office agency market share results for 2013. CBRE Office Agency has gained again 25% market share in Poland, and number one position for second consecutive year among all local and international real estate agencies in terms of total size of the leased office space.

In 2013 Office Agency – Landlord and Tenant Representation divisions - negotiated the leasing of over 210,000 sq m (comparing to 182,000 sq m in 2012) of office space all over Poland.

The largest office transactions conducted by CBRE Tenant Representation Team included the lease of nearly 23,000 sq m for Polkomtel at Konstruktorska street in Warsaw, Urząd Rejestracji Produktów Leczniczych, Wyrobów Medycznych i Produktów Biobójczych 13,000 sq m in Adgar Park West, and Aegis Media in X2 Boutique (7,500 sq m).

The Landlord Representation Team division represents currently 17 projects totalling 163,000 sq m to be leased in the country. The major instructions include Rondo 1 (66,000 sq m), Ocean Business Park with Atlantic (18,000 sq m) and Pacific (15,600 sq m), Nimbus Office (20,000 sq m), Alchemia in Gdańsk (14,000 sq m), Moniuszki 1A (12,300 sq m), Warta Tower (55,000 sq m) and Pascal (6,100 sq m) in Kraków.

The Landlord Representation Team has advised on the following significant transactions in 2013: DSV leased 3,100 sq m in Ambassador Warsaw, IMS Health signed 2,000 sq m in Konstruktorska Business Centre, Ipsos has leased 2,200 sq m in Ambassador, Kemira has leased 2,600 sq m in Alchemia.

Office Agency division has been also very active outside Warsaw, completing the most significant deals in Tri-City, Wrocław, Katowice, Kraków, Bydgoszcz, Szczecin and Poznań, including Genpact in Brama Portowa in Szczecin (1,700 sq m), AON Hewitt in Diamante in Kraków (1,650 sq m), Archicom in West Forum Wrocław (3,850 sq m) and SII in Olivia Business Centre in Gdańsk (2,800 sq m).

In 2013 CBRE’s spectacular growth was possible due to its careful recruitment plan which attracted key hires and the best talents in the market. CBRE Office Agency Team consists of 25 highly talented professionals, serving clients all over Poland from Warsaw, Kraków, Wrocław and Tri-City offices.

“Regional markets have again been booming, with the global economic slowdown working in favour of low-cost locations. In coming years we expect a number of corporations to both expand and enter the market, and their space requirements will also grow due to mergers, acquisitions and consolidations. We will also observe more sales and leaseback transactions. Therefore leasing activity should remain high. Current growth of the supply of modern and technologically advanced office buildings is at the same time very advantageous for the changing market. Ready-to-use office space is essential to attract foreign investors, who once they decide upon a location, cannot wait long to move.’ – said Daniel Bienias, Director of CBRE Office Agency – Tenant Representation & BPO Services.

‘CBRE provides a full service offering for tenants, whether relocating, expanding, consolidating, subleasing, acquiring or disposing space. CBRE have dedicated tenant resources to be able to assist our Clients to make the best decisions for their companies. With over 14 years’ experience in Landlord and Tenant Representation in Poland, we have the market knowledge and understanding to truly get the best for our Clients.’ – added Daniel Bienias.

“As much as we are all proud of Kamil Stoch’s and Justyna Kowalczyk’s Olympic golden medals, we are also proud from the fact that not only we are number one in Poland, but also CBRE has gained 28% in Warsaw market and that was an extraordinary achievement. We would like to thank our Clients for their trust and long term relationships’ – added Łukasz Kałędkiewicz, Director of CBRE Office Agency, Landlord Representation.

CBRE Office Agency Team works very closely with CBRE Workplace Consultancy to provide end users and owners of real estate with technical, functional and spatial advice. CBRE provides integral, independent advice on leasing and rental programmes as well as for selling and purchasing processes. CBRE specialists are experts in the fields of building, architecture and installation technology but their expertise also extends to strategic accommodation, innovative office concepts and inspiring working environments.