Office space market in Poznan

Transcription

1 OFFICE MARKET REPORT POZNAN 2017 Office space market in Poznan

2 OFFICE MARKET REPORT POZNAN Poznan is one of the largest business centers in Poland. Poznan is the fifth largest city in Poland, and also the fifth largest academic center in the country. The international airport, proximity to the border with Germany and the highway which guarantees a very good road connection with Warsaw, places Poznan in an advantageous strong position in the country. The main office centers are located in the city center, near the Malta lake and in the western part of Poznan. Aside from the rent levels and standard of the building, the tenants intake into account the convenience of public transport and availability of parking. Due to the vide array of office locations Poznan can offer suitable office space for any tenant. CBRE Research & Consultancy 2017 CBRE, Sp z o.o. 2

3 Human capital Population 545,700 Students 117,000 Graduates 32,500 The number of universities 25 SSC/BPO/ITO Companies 38 Employment 8,000 Specialization Finance and accounting Place in the Tholons 2014 ranking n/a Area range Existing 454,138 sq m Demand for office space Rental rates Prime: 14.0 (EUR / sq m / month ) Vacant surface % A-class stock 47% Under Construction 98,459 sq m Demand 2017 YTD 41,500 sq m Absorption 2017 YTD 38,400 sq m BPO/SSC Demand 28 Average: 12.5 (EUR / sq m / month ) Effective: 10.5 (EUR / sq m / month ) Prime yields: 6.15 (%) 97,000 sq m Planned by the end of ,000 sq m CBRE Research & Consultancy 2017 CBRE, Sp z o.o. 3

4 Gross salary in the banking and financial sector GL Accountant: GL Senior Accountant: GL Team Leader: AP/AR Accountant: AP/AR Senior Accountant: AP/AR Team Leader: Gross salary in the HR sector and serv ices CS Junior Specialist: CS Specialist: CS Team Leader: Payroll Specialist: Senior Payroll Specialist: Payroll Team Leader: Gross salary in the IT sector 1st Line Support: IT Administration: Business / System Analyst: Developer: Tester: Team Leader: Ty pical rental terms Service Charge (PLN / sq m / month ) FIT-OUT Budget (EUR /sq m) Rent free 5-8 (months) Sources CBRE, Randstad - Q CBRE Research & Consultancy 2017 CBRE, Sp z o.o. 4

5 Examples of the distance between the cities by means of transport POZNAN Time Time Number of connections per day WARSZAWA 3h 3h 5 TRÓJMIASTO 3h 4h n/a KRAKÓW 6h 5h n/a WROCŁAW 2h 3h n/a POZNAŃ KATOWICE 4h 4h n/a FRANKFURT 7h 8h 2 LONDYN 14h 14h 3 PARYŻ 12h 13h 1 SWOT analy sis Strengths Opportunities Weaknesses Threats Fifth biggest academic hub in the country and sixth largest agglomeration in Poland Good knowledge of German language among graduates Convenient location, close to the German border and Warsaw Good access to the highway network Forecasted gradual rental decrease Increasing number of leasing options in new planned office buildings Relatively high rental level Low availability of immediate office stock Undefined business districts Relatively higher salaries compared to other cities Growing number of new companies starting their operation in Poznan Competition from other cities Competition for talent creates a gradual pressure on growing costs of operation CBRE Research & Consultancy 2017 CBRE, Sp z o.o. 5

6 Selected office projects in Warsaw Contact to us Anna Trę bicka Property Negotiator Piotr Pikiewicz Senior Consultant CBRE Sp. Z o.o.. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE Research & Consultancy 2017 CBRE, Sp z o.o. 6