OfficeList Pulse

When you negotiate an office lease, the person across the table signs such agreements every week. You do it once every five years. Data, however, closes that information gap. OfficeList Pulse is office market analytics we built at Brookfield Partners because we needed it ourselves in negotiations for tenants.

Poland's eight largest cities, over three thousand buildings measured with one method - not a report from last quarter, but the state as of today. I will show you four things you can check in five minutes that will change your negotiating position with the landlord.

First: check whether you are overpaying. You start by choosing a city and immediately see six key, still general, figures: the number of office buildings, total stock, vacancy, average rent, median service charges and how much space is currently on the sublease market. If you pay nineteen euros in a building where the average rent is seventeen and a half, you already know what to talk about at renewal.

Second: where you have negotiating leverage. Below you can see the same market broken down by district. In Wola vacancy is just over four percent, in Śródmieście five percent, while in Mokotów it is as much as thirteen percent. These are two different negotiating worlds and completely different concessions you can ask for.

The filters on the left narrow the market to what really matters to you: class A or B, specific districts. Bemowo will never compare to Śródmieście. The numbers recalculate instantly.

Third: in Warsaw alone there is over seventy-three thousand square metres on the sublease market today. Subleases are usually twenty to forty percent cheaper than a direct lease. Next to it, a list of buildings with the most vacant space - these are the landlords who have to talk today.

Fourth: when to act. You see what is under construction and when, and how rents and vacancy change quarter by quarter. In Warsaw vacancy fell from over ten percent to eight percent in less than two years, and rents went up. If your lease ends in eighteen months, this is the information your plan starts from.

When something interests you, click the building and you get its profile with available space and a contact form. Another city - one click. Those were four examples of how to use the tool, but there are many more. If you have questions about OfficeList Pulse, get in touch with us. Thank you.