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The economic backdrop has seen a notable improvement in Q3, with much of the uptick in activity linked to the manufacturing sector and stronger external demand. The domestic economy is still subdued however, with high unemployment, sagging business confidence and reduced government investment all weighing on short term prospects for growth. This has held back private investment, with many occupiers still focusing on cost control and consolidation. The office investment market, and in particular Warsaw, remains buoyant however, with a number of key deals closing over the quarter.
Source : Cushman & Wakefield
