Cresa opens third Polish office

Cresa, a tenant-only commercial real estate firm, has opened its third Polish office at the Olivia Business Centre in Gdańsk. Once fully built out, Olivia Business Centre will be Poland’s largest business hub with 170,000 sqm of space. “The rapid growth of the Tricity commercial property market is fueled by robust activity of local and international developers. Recent surveys suggest that over 36 percent of company managers and directors consider Tricity as their main relocation destination,” said Michał Rafałowicz, head of the Pomeranian region at Cresa’s Tricity office. “It seems that the only limit to investor expansion into the Tricity market is limited availability of office space for newcomers as companies already present there are experiencing double-digit annual growth.”