PORF publishes Warsaw office market data for Q1

More than 84,000 sqm of office space was completed in Warsaw in the first quarter of this year, with all the new buildings delivered in the period being located outside the center of the city, according to the latest report by the Polish Office Research Forum (PORF). The gross demand in Q1 amounted to almost 197,000 sqm, with the highest take-up levels having been recorded in the City Centre (54,300 sqm), Central Business District (39,200 sqm) and Mokotów (38,600 sqm) zones. At the end of the quarter, the vacancy rate in the Warsaw office market stood at 14 percent.

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