Record supply expected in Warsaw office market in 2020 – C&W

A record 430,000 sqm of office space could be completed in Warsaw in 2020 provided that the current economic conditions remain unchanged and developers go ahead with all of their planned projects, according to the latest report by Cushman & Wakefield. By comparison, in the record year 2016, 410,000 sqm of office space was completed in the city. This year, new office supply in the Polish capital is expected to hit the level of 320,000 sqm. A further 190,000 sqm and 315,000 sqm are likely to be delivered to the Warsaw market in 2018 and 2019 respectively. At the end of H1 2017, the total office stock in Warsaw stood at 5.1 million sqm.

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