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In comparison to the second half of 2012, the first six months of the current year in Poznań recorded significantly lower level of new supply. Three projects totalling 6,200 m2 were delivered to the market: Galeria MM (2,400 m2), Piątkowska Office (2,000 m2) and Roch Office (1,800 m2). The demand for office space stood at 14,200 m2. The market was dominated by new deals (66%) and renegotiations/renewals (28%). The average transaction size increased to 790 m2 (compared to 495 m2 in H2 2012). The vacancy rate, after the temporary increase recorded in the first quarter, stood at 15.5% at the end of H1 2013.
Despite growing vacancy rate, the rents for prime office space remained at a relatively stable level (€ 13-16.5/m2/month). At the end of H1 2013, 60,000m2 of office space was under construction, including such investments as Business Garden (41,000 m2), Malta House (12,800 m2) and Nobel Tower (4,000 m2).
"The year 2013 could surprise with the number of new investors in the BPO / SSC sector. Poznań is gradually acquiring more and more new companies. Entities such as DFDS Seaways (Globis) or Rule Financial (Okrąglak) have decided to place their offices in the city. Worth mentioning are also new tenants in Andersia Business Center (Regus). We await the decisions of others to be announced soon. Relocation of tenants was also an important part of the Poznań market. Ciber has moved into Malta House and PWC located its office in Andersia Business Center. One of the largest transactions of this year also took place in Poznań - Żabka placed its headquarters in Poznańskie Centrum Finansowe. Some tenants have decided to renew their contracts – e.g. Ogicom prolonged its lease in Malta Office Park. Further transactions are expected to be completed by the end of 2013. In summary, the first half of this year can be considered a success for the Poznań office market. Growing activity in the region bodes well before 2014 and 2015, when the supply in Poznań may record a significant increase.” – comments Sebastian Bedekier, Regional Director for Colliers International in Poznan.