The office space market changed significantly in 2006.
The level of vacant spaces in properties of class A decreased to a record level of 2.5%, in properties of class B to 16%. The supply of modern market spaces does not correspond to the demand arising from excellent economic situation. Thus, 2007 may become a period of an exceptional boom as regards creating new office buildings in Katowice.
The office space market changed significantly in 2006. The level of vacant spaces in properties of class A decreased to a record level of 2.5%, in properties of class B to 16%. The success of Altus was possible thanks to including the building in the Katowice Special Economic Zone, which offers investors tax concessions.
The supply of office spaces of classes A, B+ and B in Katowice amounts to 150,000 m2, 60% of which are located within the central zone of the city. That is definitely below
the expectations of the market driven by excellent economic situation.
The demand of investors for office spaces is connected with the increased interest in Silesia as a place for locating investments related to services. Large availability
of qualified employees (with technical, humane and business education), compared to
the exhausting resources of Kraków and Wrocław, makes Silesia an optimal place for locating customer service centres, research and development centres, as well as financial and accounting facilities.
Silesia Atrium is a new and very attractive offer for investors looking for modern office space
http://www.metropolis.pl/silesiaatrium.pl. This complex, located at
al. Korfantego in Katowice, will offer unique advantages such as large office space situated on one level of the building, excellent communications with the city centre and the highest standard.
Silesia Atrium, situated in buildings previously used by a printing house, will have
the total area of 17 thousand m2 and it will offer the biggest lessees open space with
the area of up to 3 thousand m2 – something unique in the region. The offer is addressed to business representatives complaining about the shortage of above-standard office spaces.
The Silesia Atrium Business Centre and similar projects that are planned in the area
of Katowice mean an increase in the level of modern office space by several dozen thousand m2 of office space, which will be successively made available by the end
of 2008. It may be expected that the recently adjudicated competition for architectural project for redevelopment of the Katowice city centre will attract investments to this region.
A detailed analysis of the Silesian office real estate market is currently being worked out by the analysts of Metropolis Commercial Real Estate. The analysis, which will include current data, rates and prospects of this segment of the commercial real estate market, will be published ...
