Over 2.5 mln sqm occupied by business services centers – report

Business services centers currently occupy a total of approximately 2.5 million sqm of office space in Poland, which translates into a 28% share of the combined volume of occupied office space in the country, according to the latest report by JLL. The sector accounts for as much as 61% of all occupied office space in Kraków, while in Łódź, Wrocław and Katowice the figure stands at 51%, 49% and 49% respectively.

“According to ABSL, employment at business services centers stands at nearly 280,000 people with the prospect of another 60,000 jobs being added in the next two years. So rapid development will generate further demand for space. This is of course excellent news for developers operating on the Polish market,” commented Anna Młyniec, head of the office agency and tenant representation at JLL.

Warsaw has seen the sector grow quickly of late – it now accounts for 11% of the total office demand in the city. “We expect that the number of companies from the business services sector investing in Warsaw will grow,” said Mateusz Polkowski, head of research and consulting at JLL. The entry of such companies as JP Morgan and Goldman Sachs are important signals for international investors providing advanced financial services, he added.

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