Warimpex returns to profit zone in the first half-year

Krakow projects as a pillar

Lease extensions at two office buildings in Krakow provided an additional boost. Specifically named are the projects Mogilska 43 Office and Mogilska 41 Office, both in the growing office segment of Poland's second-largest city. Such existing leases are regarded in the industry as a reliable earnings driver because they secure rental income without major investment outlay.

Poland thus remains a focal point of Warimpex's strategy. In recent years the country has been one of the most important growth markets for Austrian and German real estate investors, supported by EU funding, rising real wages, and growing demand for modern office space and hotel capacity. Warimpex is also active there beyond the office and residential segment.

Portfolio in Darmstadt

In addition to classic office space, the company also focuses, by its own account, on co-working locations, which are seeing rising demand in Krakow and other CEE hubs. These flexible working concepts are aimed above all at smaller teams, consultants, and international project groups looking for high-quality workplaces at short notice.

Another component of the portfolio is the Darmstadt location, where Warimpex is likewise invested in office and residential real estate. The German market is considered comparatively stable, even if its growth prospects are more muted than Poland's. The mix of German standing-investment properties and Polish growth markets is intended to balance risk across the overall portfolio.

Full-year outlook

With the return to the profit zone, the company is sending a positive signal to investors and analysts, who had observed the recovery of the hotel industry and office leasing in Central and Eastern Europe over the past quarters. Demand for office space in major Polish cities has, in the view of many market observers, picked up noticeably again since 2024.

The half-year result is regarded as an important indicator for the full-year forecast. If demand in Krakow and other CEE markets remains stable and the leases in the standing-investment properties continue, the company expects, according to its own statements, the positive trend to continue in the second half of the year.

The exact earnings figures for the first half of 2026, along with a detailed outlook, are expected with the publication of the full interim report. Industry experts will examine in particular the development of occupancy in the hotels and the letting status in the office buildings in Krakow and Darmstadt.