1.2 mln sqm of office space leased in Poland in Q1-Q3

A total of 1.2 million sqm of office space was leased in Poland in the first three quarters of this year, a 15% increase y/y, according to JLL data. The main markets outside Warsaw recorded an excellent result with approximately 515,000 sqm (up 23% y/y) having been taken up there in the period in question. In Kraków alone, demand reached 234,000 sqm, which accounts for 45% of the total office demand in regional markets.

“We should analyze the development of the Polish office market not only in relation to its growing scale but also to the quality of the delivered space. More and more tenants are interested in renting an office in mixed-use projects, which often entail the revitalization of large post-industrial complexes,” said Karol Patynowski, the regional markets director at JLL.

(ISBnews)