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Poland
MARKET INSIGHTSH1 2016
2 Research & Forecast Report | H1 2016 | Poland | Colliers International
ContentsContentsContentsContents
Economy ........................................ 3
Investment ..................................... 4
Office ............................................. 6
Industrial ........................................ 8
Retail ............................................. 10
3 Research & Forecast Report | H1 2016 | Poland | Colliers International
Economy
General overview
> In Q2 2016, a decrease in GDP growth was noted, by 0.5 pp in comparison to Q1 2015. In turn, GDP growth was
estimated at approx. 3.1% in Q2 of this year.
> The deflation rate is still persisting in Poland at -0.9% and
is caused mostly by global price developments. The
persisting deflation did not adversely affect consumers
decisions.
> The Monetary Policy Council did not change the reference rate in 2016 and left it unchanged at 1.5%.
> A decrease in the unemployemnt rate was noted in May
2016, by 1.7 pp compared to the same period in 2015
(between 10.8% and 9.1%).
> The average monthly gross salary in the enterprise sector at the end of Q2 2016 amounted to PLN 4244.58.
> Brexit may influence the Polish economy and open new directions of expansion in the investment market.
Prognosis
> Additional payments from the Family 500+ programme will
affect GDP results in the coming quarters. However, in
spite of an increase in household incomes, BZ WBK experts
estimate a GDP slowdown in the next two years (2017-
2018).
> In the coming months of 2016, we predict that the inflation
rate will stay at a level below zero. According to experts‘
expectations, the headline CPI may reach a positive value
at the end of this year.
> BZ WBK analysts expect that the unemployment rate will
reach 8.6% in Q2 2016 – the lowest value for more than
25 years.
GDP growth rate (%)
Source: Colliers International, based on Central Statistical Office, BZ WBK
Unemployment rate and inflation (%)
Source: Colliers International, based on Central Statistical Office, Ministry
of Labour and Social Policy
3,7%
4,8%
1,8% 1,7%
3,3%3,6%
3,0%
3,1%
prognosis
0%
1%
2%
3%
4%
5%
6%
2010 2011 2012 2013 2014 2015 Q1
2016
Q2
2016
GDP
2,6%
4,3%3,7%
0,9%0,0%
-0,9% -0,9% -0,9%
12,4% 12,4%13,4% 13,4%
11,5%10,5%
10,0%
8,8%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
2010 2011 2012 2013 2014 2015 Q1
2016
Q2
2016
Inflation Unemployment
4 Research & Forecast Report | H1 2016 | Poland | Colliers International
Investment
Key investment figures
Investment volume ca. EUR 2.1 bn
Prime yields
Prime office yields < 5.50%
Prime retail yields ca. 5.00%
Prime industrial yields ca. 6.50%
General overview
> Total value of H1 2016 transactions amounted to ca. EUR 2.1 billion out of which 84% were located outside
of Warsaw. Nearly half of the volume constituted the
transaction of purchasing shares in Echo by Redefine.
> Poland remains the leading market in the CEE region, it
also witnessed the largest deal in Europe in Q1 2016.
> Investor demand was equally strong across all asset
classes, new buyers have deployed capital in Poland.
Yields
> Pricing for core assets continues to be primarily driven by the residual lease term, the market has recorded
a downward adjustment of prime yields in H1 2016.
> Prime office yields for CBD Warsaw are now below 5.50%,
whilst initial yields in major regional cities (Wrocław and
Kraków) are at 6.25%.
> Retail yields are in the range of 5.0% - 5.5% for Warsaw
and major regional cities for modern, 3rd generation,
dominant, trophy-type assets, up to ca. 8.0% - 8.5% for
shopping centers in smaller secondary cities.
> Prime logistics yields are at 6.5% (mostly BTS), subject to
the quality and duration of the underlying cash flow.
Prime (net initial) yields
Source: Colliers International
Volumes
> Total investment volume amounted to ca. EUR 2.1 billion
with an average ticket of ca. €30 million per transaction
(excluding the EPP/Redefine deal).
> The market recorded 42 transactions across all asset classes with several new market players completing their
first deals in Poland (f.ex. Warburg – HiH, Exeter).
> Largely due to the transacion between Redefine and Echo Prime Properties (EPP), retail asset class dominated the
investment volume with a 47% share, followed by offices
at 39%.
Investment volume
Source: Colliers International
5 Research & Forecast Report | H1 2016 | Poland | Colliers International
Deal specifics and stories
> The Polish market recorded the largest transaction in Europe in the first quarter of 2016 – sale of a 75% stake in
Echo Prime Properties, owner of 18 shopping centers and
office buildings for ca. EUR 900 million. The buyer was
Redefine, an investor originating out of South Africa.
> The market picked up the pace in Q2 2016 and other most notable transactions, apart from the above retail deal,
included acquisition of Ferio retail scheme in Konin by
Union Investment and Jantar retail scheme by CBRE Global
Investors. New markets became active, highlighted by the
sale of Alchemia office building in Gdańsk.
> Regional cities accounted for 84% of the overall
transaction volume.
Investment volume by sector
Source: Colliers International
Prognosis
> Considering the number of deals in due diligence and
negotiations, the 2015 investment volume of
ca. EUR 4.1 billion can be surpassed at the end of 2016.
> We expect more new buyers to enter or (re-enter) the
market in H2 2016.
Land
> In H1 2016, the investment land market was characterised by a high level of purchasing, which was caused by a
continuous good period for residential developers. Tempted
by consecutive record breaking quarters in terms of new
apartment sales, an improving economy and a balanced
banking sector that guarantees lower interest rates of bank
loans, developers gathered investment land giving them an
opportunity for long-term new scheme protection at
already very limited resources.
> The industrial land market speeded up and as a result of conditions in Q3 and Q4 of 2015, it hit a record-breaking
transaction volume for whole 2015 compared to the last
3 or 4 years.
> Very optimistic opportunities are available in the hotel market, which caused by many investments in 2016.
> Investment land for the development of offices and retail schemes are gradually becoming more attractive in the
eyes of investors.
> In 2016, an increase in the purchase of investment land is
predicted in the residential and hotel sectors, with a limited
growth in interest for office and industrial land. In the
current year there is a high chance that the volume of
investment land transactions will exceed 2015.
6 Research & Forecast Report | H1 2016 | Poland | Colliers International
Office
General overview
> At the end of the H1 2016, the total supply in the nine major markets in Poland reached 8.6 milllion m2. Within the six
months, developers completed a record amount of office
space – almost 572,000 m2.
> Kraków and Tricity were the regional cities with the highest growth. In H1 2016, in the capital more than
350,000 m2 were delivered to the market and compared to
the previous few years it is a better result than the annual
average for Warsaw.
> Over 1.4 million m2 of modern office space is under
construction. The capital accounts for 609,000 m2 of new
offices and in regional cities there is still most of space
being built in Kraków (287,000 m2), Wrocław (165,000 m2)
and Tricity (122,000 m2).
> The vacancy rate in Poland recorded a slight increase to 13.4% compared to 12.6% at the end of Q1 2016.
Investments delivered to the market in Q2 2016 were 54%
commercialised.
Key office figures (H1 2016)
> Within the six months, the volume of transactions in the
nine major markets amounted to 627,200 m2. Agreements
in buildings that are planned or under construction
constituted more than 27% of total demand. This resulted
in over 170,000 m2 of leased space.
> The share of renegotiations/extensions amounted to
approximately 23.7% of gross demand. New agreements
still constituted the largest part of the total volume at
almost 60%.
> Base rents remained unchanged. Office space in Warsaw
was offered from EUR 12 to EUR 22.5/m² per month, while
in regional cities from EUR 10 to EUR 16.5/m2 per month.
Supply
> In the H1 2016, in Warsaw a record amount of office space
was completed. Sixteen new projects were delivered to the
market with a total leseable area exceeding 350,000 m2.
Over half of the new supply was completed in the city
centre where two of the largest office buildings were
finished: Warsaw Spire A (Tower), offering over 59,000 m2
and Q22 (46,400 m2). Most office space outside the city
centre was delivered in the South West zone (58,900 m2)
and in the North zone (49,000 m2). The largest projects
completed in non-central locations are Gdański Business
Center II D (29,3000 m2) and Proximo I (28,700 m2).
City Existing supply (m2) New supply (m2) Vacancy rate Space under
construction (m2) Demand (m2)
Rental rates (m2/month)
Warsaw 4,988,400 350,100 15.4% 609,200 358,600 EUR 12-22.5
Kraków 832,900 66,500 6.0% 287,500 110,100 EUR 13.2-15.5
Wrocław 757,100 48,300 10.2% 165,200 52,500 EUR 12.5-16.5
Tricity 629,300 52,700 13.5% 121,900 36,700 EUR 13.5-15.75
Poznań 395,700 10,900 13.3% 48,000 26,300 EUR 12.5-15.5
Katowice 404,400 12,900 14.3% 67,000 21,000 EUR 12-14
Łódź 347,200 23,300 9.7% 91,100 18,400 EUR 12-13.5
Szczecin 166,100 7,400 17.7% - 2,100 EUR 11-14
Lublin 132,600 - 7.8% 73,300 1,500 EUR 10-13
TotalTotalTotalTotal 8,653,600 572,000 13.4% 1,463,700 627,200
Source: Colliers International based on PORF, H1 2016
7 Research & Forecast Report | H1 2016 | Poland | Colliers International
> In the regional markets, 33 office projects were completed
with a total area of 221,900 m2. In H1 2016, most supply
was delivered in Kraków (66,500 m2), where 11 projects
were finished, but only two of them with an area equal to
or exceeding 10,000 m2. These were Bonarka for Business
F (10,000 m2) and O3 Business Campus I (19,200 m2).
A significant increase in supply was also registered in
Wrocław (48,300 m2) and Tricity (52,700 m2), where
Pegaz building (18,500 m2, Wrocław), Nicolas Business
Center (9,300 m2, Wrocław) and two buildings at Łużycka
Street in Gdynia - Tensor X and Y (12,500 m2 both) were
completed.
Demand
> The total volume of transactions registered in H1 2016 in Warsaw amounted to 358,800 m2. Most contracts (over
22% of total demand) were signed in the Upper South
zone (80,800 m2). In total, in non-central locations
transactions were signed for over 236,000 m2. In the city
centre the gross demand amounted to 122,200 m2. In
Warsaw, new agreements dominated with almost a 60%
share. Pre-lets accounted for approximatelly 17% of the
total volume.
> In H1 2016, the gross demand in regional markets
amounted to 268,400 m2 and a significant part of this was
made up of agreements signed in Kraków (41% of the total
volume). Wrocław and Tricity also registered a high level
of tenant activity. Almost 40% of total demand was
constituted by pre-lets, which resulted in 107,100 m2 of
leased space. Likewise in the capital, new contracts
dominated the market with a 58.3% share.
Largest lease transactions in H1 2016
Tenant Area (m2) Location
Credit Suisse 10,800 Grunwaldzki Center,
Wrocław
Aon 10,700 Enterprise Park E,
Kraków
Euroclear Bank 10,000 Bonarka for Business G,
Kraków
ABB 10,000 Axis, Kraków
Philip Morris HQ 8,000 Philip Morris Europejskie
Centrum Usług Wspólnych, Kraków
Allegro 7,600 Q22, Warsaw
NC+ 7,500 Canal+, Warsaw
Brown Brothers
Harriman 7,500
Orange Office Park Den
Hauge, Kraków
Rockwell Automation 7,400 A4 Business Park III,
Katowice
Primulator 7,300 Primulator, Łódź
Source: Colliers International based on PORF, H1 2016
Vacant space
> The vacancy rate for Warsaw increased to 15.4% (against
14.1% at the end of Q1 2016). The increase in vacancies
was registered mainly in the city centre from 14.2% to
17.6%, which was largely dictated by the delivery in the
capital’s centre of nearly 134,000 m2 of new offices.
> The lowest vacancy rate was recorded in Kraków (6%),
Lublin (7.7%) and Łódź (9.7%). Most of the free space is
currently in Szczecin (17.7%) and Katowice (14.3%).
Vacancy rates in the major office markets in Poland
in H1 2016
Source: Colliers International based on PORF, H1 2016
Prognosis
> Currently in Poland, 1.46 million m2 of new office space is
still under construction. Warsaw accounts for 609,000 m2,
of which over 90,000 m2 will be completed by the end of
the year and a further 303,000 m2 next year. In regional
markets, most projects in the construction phase are in
Kraków (287,000 m2). Also in Wrocław and Tricity a high
level of activity among developers is observed. In the
capital of Lower Silesia, 165,000 m2 is currently being built
and in Tricity agglomeration almost 122,000 m2 of new
offices.
> We expect that due to the large amount of planned supply,
the vacancy rate for the main markets in Poland will grow,
and this trend will continue in subsequent quarters. We will
continue to observe a decline in average rental rates, both
basic and effective, especially in markets with high
construction activity.
> Among tenants we are observing a change in how working space is created. More and more companies are interested
in carrying out a comprehensive analysis of staff needs
and developing a suitable strategy for the changes.
15.4%
6.0%
10.2%
13.5% 13.3%14.3%
9.7%
17.7%
7.8%
0%
5%
10%
15%
20%
8 Research & Forecast Report | H1 2016 | Poland | Colliers International
Industrial
General overview
> The Polish industrial market is thriving and still showing an upturn trend. Supply and demand remain at a stable
high level. In H1 2016, the supply of industrial space
stood at almost 660,000 m2 and as a result the total
stock in Poland exceeded 10.4 million m2.
> During the past six months, 254 agreements were
signed, which covered over 1,4 million m2 of leased
space.
> In comparison to corresponding period of the previous year, activity among developers increased. The level of
supply was 35% higher than in H1 2015 (489,000 m2).
Total supply and vacancy rates in major markets
*Lublin, Rzeszów and the surrounding area
Source: Colliers International
> At the end of June 2016, the short-term transaction volume (not included in aggregated statistics) amounted
to 96,000 m2.
> In the analysed period, the vacancy rate for A-class industrial space stood at 5.3% and was 0.7 p.p. higher
than the rate recorded at the end of December 2016
(4.6%).
Supply
> In H1 2016, developers were most active in the Warsaw
market (Zone II). 144,000 m2 of modern industrial space
was delivered to this market, which constituted 22% of
total industrial space delivered to the Polish market.
> High activity among developers was also observed in the Poznań market (122,000 m2) and in Central Poland
(115,000 m2). The remaining regional markets did not
experience such large increases in new industrial space
(up to 86,000 m2 in the Silesia market).
> The largest industrial investments completed in the last two quarters include: four projects delivered by Panattoni
– i.e. in Stryków (60,000 m2), Poznań (31,400 m2),
Pruszków (30,700 m2) and Łódź (30,100 m2);
a warehouse built within Centrum Logistyczno-
Inwestycyjne in Poznań (31,400 m2); a BTS-type building
(29,500 m2) within the logistic park Hillwood Wrocław 3.
Demand
> In the period under analysis, an 8% growth in supply was
observed (1.3 million m2 in H1 2015) in relation to the
same period in the previous year. The transaction volume
at the end of June 2016 exceeded 1.4 million m2 of
leased industrial space within 254 signed agreements.
Demand in major markets in H1 2016
*Lublin, Rzeszów and the surrounding area
Source: Colliers International
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
10%
0
250,000
500,000
750,000
1,000,000
1,250,000
1,500,000
1,750,000
2,000,000
2,250,000
Supply Vacancy rate
m2
0
50,000
100,000
150,000
200,000
250,000
300,000m2
9 Research & Forecast Report | H1 2016 | Poland | Colliers International
> The largest amount of space was leased in the Warsaw
market, where signed deals constituted 373,000 m2, 76%
of which was in Zone II (282,000 m2). Other markets
also show a high level of demand, such as Silesia,
Wrocław, Central Poland and Poznań – over 190,000 m2
was leased in each of these regions.
> In H1 2016, new deals constituted 59% of the demand
structure (including BTS-type transactions, which made
up 15%) against renegotiations which had a share
of 38%.
> Tenants representing the 3PL sector were most active
(15% of all transactions) during the period from January
to June 2016.
Selected lease transactions in H1 2016
Tenant Project Area (m2) Type of deal
Kaufland Panattoni BTS
Bydgoszcz 45 600 BTS
Agata Meble Prologis Park
Piotrków II 42 900 BTS
Raben Panattoni Park
Grodzisk III 42 500 New deal
Carrefour Panattoni BTS
Bydgoszcz II 38 200 BTS
Trioline Panattoni Park
Poznań V 32 300 New deal
Euro Net Panattoni Park
Pruszków 23 000 BTS
DHL Prologis Park
Chorzów 17 800 Expansion
Orange TP SA
Segro Logistics
Park Warsaw,
Pruszków
17 300 Renegotiation
Archidoc Prologis Park
Chorzów 16 700 Renegotiation
InPost P3 Piotrków 15 300 BTS
Source: Colliers International
Vacant space
> At the end of June 2016, there was 563,000 m2 of
unleased industrial space in the analysed markets.
The vacancy rate stood at 5.3%.
> The Warsaw market saw the greatest amount of non-
occupied industrial space – the average vacancy rate
stood at 8.4%.
> The lowest indicator was recorded in Szczecin, Toruń and Bydgoszcz. However, at the end of H1 2016 in
Kraków all the existing industrial space was leased.
Forecast
> At the end of Q2 2016, 856,00 m2 of industrial space was
under construction in Poland, approximately 60% of
which is already occupied.
> Easy access to skilled and qualified employees and the proximity of academic centres are increasingly decisive
factors during the process of choosing a location for
production companies.
> We expect smaller industrial markets to keep gaining in
attractiveness and improving their position on the Polish
logistics map.
> The demand for warehouse & industrial space is
anticipated to maintain its high level in the coming
quarters.
> We are observing a stabilisation of rents. However, in the
markets characterised by the lowest vacancy rates lease
costs are likely to grow.
Effective rental rates (EUR/m2/month)
Region Min. (EUR/m²) Max. (EUR/m²)
Warsaw zone I 3.50 4.80
Warsaw zone II 1.90 2.90
Warsaw zone III 1.90 2.70
Central Poland 1.90 2.90
Poznań 2.10 2.70
Upper Silesia 2.00 2.70
Kraków 2.80 4.50
Wrocław 1.90 3.20
Tricity 2.20 2.90
Toruń/Bydgoszcz 2.20 2.80
Szczecin 2.40 3.50
Lublin 2.40 2.90
Rzeszów 2.50 3.20
Source: Colliers International
10 Research & Forecast Report | H1 2016 | Poland | Colliers International
Retail
General overview
> In the first half of 2016, there were only approximately
83,000 m² of retail space delivered to the market in
Poland, 70% of it was completed in the second quarter
of the year. In the January-June period 8 objects were
completed, including five extensions (40,000 m² GLA).
Total stock of modern retail space at the end of June 2016
reached about 10,9 millions m².
Evolution of retail stock in Poland 2000 – 2016 (Q2)
Source: Colliers International
> At the end of Q2 2016 almost 620,000 m² of shopping
centres space was under construction with planned
opening date estimated for the end of 2018, approximately
46% of it will be completed in the July-December 2016
period.
> It is worth to pay attention for the developers‘ increased
interest in the Warsaw Agglomeration market, where
approximately 250,000 m² GLA is under construction or
at the advanced stage of preparations and other projects
are waiting for the implementation.
> Average vacancy rate for the 18 biggest Polish cities is at the low level of 3.2%, the lowest vacancy rates are in
Olsztyn and Warsaw while highest are in Radom.
Supply
> Total retail space in Poland approached to 11 million m²
GLA. The largest retail markets remain Warsaw
Agglomeration with 1.5 million m² in 45 schemes and
Katowice Conurbation (44 schemes, 1.1 million m² GLA)
> The retail space density ratio reached the European average level and at the end of June 2016 it amounted
284 m²/1,000 inhabitants. In the group of the biggest
aglomerations the highest density is in Wrocław
(821 m² /1,000) but leaders on a national scale remain
Zgorzelec (1,665 m² /1,000), Opole (1,361 m² /1,000)
and Rzeszów (1,259 m² /1,000).
> Three new retail schemes were completed in H1 2016 –
Galeria Glogovia (21,000 m²), Karuzela Września
(15,000 m²) and Galeria Awangarda Bartoszyce
(6,000 m²). Remaining projects are expansions of existing
retail schemes.
> Many retail schemes are expanded and being modernised.
In May 2016, renewed Galeria Morena in Gdańsk was
presented to customers. The facility offers modernised
Carrefour hypermarket, new shops and enlarged already
existing well known polish and international brands units,
playground for children, fitness, cinema as well as
convenient and esthetic food court with outdoor leisure
space. External and internal communication plan including
parking was also rebuilt.
Demand
> In H1 2016 in Poland several new retail chains had their
debuts including first LPP – Tallinder store in Galeria
Bałtycka. In January 2016 first Skechers franchise was
opened in Galeria Mokotów in Warsaw. Manufaktura in
Łódź was chosen by american clothing and equipment
chain – U.S. Polo Assn for its first shop in Poland.
0
2
4
6
8
10
12
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
New projects Extensions Stock
Annual supply (m²) Stock (million m²)
11 Research & Forecast Report | H1 2016 | Poland | Colliers International
> The biggest leasing transactions in 2016 were announced
in new schemes as well as those under construction or in
advanced stage of preparations. However, significant part
of demand was created as a part of re-commercializations
of already existing schemes with strong retail position on
the market.
> Among lease transactions announced at the begining of
current year worth mentioning are those in Galeria Młociny
in Warsaw (Inditex Group 6,500 m², Cinema 3D 4,000 m²,
Van Graff 3,000 m², Calypso fitness) or in Galeria Libero
in Katowice (Media Markt 2,100 m², Alma 1,900 m², Helios
cinema, Fabryka Formy fitness club).
> Agata in Vivo! Stalowa Wola (6,500 m²), P&C in Poznań
City Centre (4,500 m²), TK Maxx in Promenada in Warsaw
(2,500 tys. m²) and in Manufaktura in Łódź (2,300 m²)
or Helios in Blue City in Warsaw (8 halls) were leased
in already existing schemes.
> Polish retail chains more often decide to expand outside
the country borders – for example in H1 2016 CCC began
its business activity in Serbia while Martes Sport in Czech
Republic.
> We observe new trends in multichannel sales. New Inditex
clothing brand – Uterque entered the Polish market in
e-commerce sector. In the analyzed period of time there
also took place an acquisition of company eobuwie.pl
shares by CCC (74.99%).
Chosen transactions announced in H1 2016
Tenant Sector Leased area
(m²) Scheme
Agata homeware 6,500 Vivo! Stalowa
Wola
Grupa Inditex fashion 6,500 Galeria Młociny
Warszawa
P&C fashion 4,500 Poznań City
Centre
Cinema 3D cinema 4,000 Galeria Młociny
Warszawa
Elite Gym fitness club 3,200 ArtN Warszawa
Van Graaf fashion 3,000 Galeria Młociny
Warszawa
Grupa LPP fashion 2,700 Quick Park
Mysłowice
TK Maxx fashion 2,500 Promenada Warszawa
TK Maxx fashion 2,300 Manufaktura
Łódź
Media Markt electronics 2,100 Libero Katowice
Alma supermarket 2,000 Galeria Młociny
Warszawa
Alma supermarket 1,900 Libero Katowice
Source: Colliers International
Vacancy
> At the end of H1 2016, the average vaccancy rate among
the eight major agglomerations in Poland amounted to 3%
while in big cities (200- 400,000 inhabitants) 4.6%.
> Among major retail markets Warsaw has the lowest
vacancy rate with 1.6%. The most of available space is
noted in Poznań (5.2%).
> Among big cities (200-400,000 inhabitants) Radom has
the most of available space (9.3%) while Lublin has the
fewest (2.1%).
Vacancy rate
Source: Colliers International based on PRRF
Prognosis
> At the end of H1 2016 under construction there was
approximately 620,000 m² of modern retail space, 46%
of which is planned to be delivered in a period
of July-December 2016. This implies that annual supply
may decrease by nearly a half in relation to 2015.
> The largest project under construction is currently Posnania (approximately 100,000 m²) which area stands
up to over ¼ of 2016 supply. Other significant schemes
under construction are: Wroclavia (64,000 m²), Galeria
Północna in Warsaw (64,000 m²) and Forum Gdańsk
(62,000 m²).
> There is expected a boom in shopping centers market in
Warsaw where preparations of Galeria Młociny, Galeria
Wilanów, Jupiter projects or expansions of SC Janki, SC
Ursynów, SC Promenada and SC Targówek are in
progress.
> In June 2016 parliament has received a bill about retail
environment tax which implements two tax rates: 0.8%
from the income totalling PLN 17 to 170 milions per month
and 1.4% for the income over PLN 170 milions.
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
10%
12 Research & Forecast Report | H1 2016 | Poland | Colliers International
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Azja Pacyfik: 231231231231
EMEA: 112112112112
2,3 mld 2,3 mld 2,3 mld 2,3 mld €€€€ roczny przychód w 2015
185 mln m185 mln m185 mln m185 mln m2222 powierzchni w zarządzaniu
16 016 016 016 000000000 pracowników
About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) jest globalną firmą doradczą działającą w obszarze rynku nieruchomości
komercyjnych. Posiada sieć 554 biur w 66 krajach zatrudniającą 16 000 pracowników. Colliers International oferuje pełen zakres usług
podmiotom związanym z rynkiem nieruchomości. Firma doradza najemcom, właścicielom nieruchomości oraz inwestorom na całym świecie.
Oferuje pośrednictwo w zakresie wynajmu i sprzedaży, globalne rozwiązania korporacyjne, obsługę transakcji inwestycyjnych i rynków
kapitałowych, zarządzanie projektami, usługi w zakresie workplace strategy, zarządzanie nieruchomościami oraz majątkiem spółek, wycenę
nieruchomości, a także badania rynku dostosowane do potrzeb klientów oraz doradztwo strategiczne. Colliers International znalazł się w
rankingu Global Outsourcing 100 – liście czołowych firm działających w sektorze outsourcingu. Spółka została wyróżniona już po raz dziesiąty
z rzędu, czyli więcej niż którakolwiek spośród firm doradzających na rynku nieruchomości. Autorem rankingu jest International Association of
Outsourcing Professionals.
Więcej na www.colliers.com.
Colliers International w Polsce działa od 1997 roku i posiada biura w Warszawie, Krakowie, Wrocławiu, Poznaniu, Gdańsku, Katowicach i Łodzi,
w których łącznie zatrudnia ponad 200 specjalistów. Firma została uhonorowana wieloma prestiżowymi nagrodami przyznanymi m.in. w
konkursach: Eurobuild, CIJ Journal, CEE Quality Awards, International Property Awards. Ostatnio otrzymane przez Colliers wyróżnienia to
nagroda Outsourcing Star dla jednej z firm nieruchomościowych najprężniej działających w sektorze outsourcingu oraz Gazele Biznesu
przyznawane najdynamiczniej rozwijającym się firmom w Polsce.
Więcej o nas na www.colliers.pl.
Obserwuj Colliers na:
Copyright © 2016 Colliers International.
The information contained herein has been obtained from sources deemed reliable. While every reasonable effort has been made to
ensure its accuracy, we cannot guarantee it. No responsibility is assumed for any inaccuracies. Readers are encouraged to consult
their professional advisors prior to acting on any of the material contained in this report.
554554554554 offices in 66666666 countries on 6666 continents United States: 153153153153
Canada: 34343434
Latin America: 24242424
Asia Pacific: 231231231231
EMEA: 112112112112
2,3 billion 2,3 billion 2,3 billion 2,3 billion €€€€ revenue in 2015
185 185 185 185 million mmillion mmillion mmillion m2222 space under management
16,016,016,016,000000000 employees
About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is a global leader in commercial real estate services with 16,000 professionals
operating from 554 offices in 66 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full
range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment
sales and capital markets, project management and workplace strategies, property and asset management, consulting, valuation and appraisal
services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the
International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services
firm.
More on www.colliers.com.
Colliers International has been active in the Polish market since 1997 and operates through offices in Warsaw, Kraków, Wrocław, Poznań,
Gdańsk, Katowice and Łódź with over 200 employees in total. The company has been often honored for its achievements by industry
organizations such as Eurobuild, CIJ Journal, CEE Quality Awards and the International Property Awards. Colliers’ most recent distinction in
Poland include the “Outsourcing Star”, given in recognition of its status as one of the most active real estate advisors in the outsourcing sector;
and the “Gazele Biznesu” for being one of the most dynamically developing companies in Poland.
More about us on www.colliers.pl.
Follow Colliers on:
CONTACT:
Research and Consultancy Services
Dominika Jędrak
Director
+48 666 819 242
dominika.jedrak@colliers.com
Colliers International
Pl. Piłsudskiego 3
00-078 Warsaw | Poland
+48 22 331 78 00
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