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Cushman & Wakefield dominates Krakow’s office market

Global real estate services firm Cushman & Wakefield had the largest share at 28 pct of Krakow’s office leasing market in 2017.

With nearly 55,000 sq m of office space transacted last year, Cushman & Wakefield led the way on the rapidly growing Krakow market, more than 30 pct ahead of the runner-up (38,000 sq m) and 44.5 pct ahead of the third place (30,000 sq m). 

In 2017, Cushman & Wakefield acted as an agent on 28 lease transactions in Krakow totalling nearly 55,000 sq m, most of which was leased under new deals. The firm represented a broad spectrum of tenants responding to requirements of a diverse base of local and global occupiers across many sectors. New leases brokered in Krakow by Cushman & Wakefield were signed by ALTEN, ESET, Euro-Net, InnoEnergy CE, KingFisher, MIG, Miquido, OPW (PetroVend), Revolut and TrueBlue, while expansions were concluded by Akamai, Alior Bank and GlobalLogic.

In addition to advising tenants, Cushman & Wakefield represents landlords of new office buildings in Krakow and is the only agency with unrivalled experience in re-letting of existing schemes. Its portfolio comprises such buildings as Astris, Quattro Business Park and Z1. In 2017, Cushman & Wakefield brokered seven renegotiations totalling more than 25,000 sq m.

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