11:50 25 March 2025
Competition is driving changes in Poland's office leasing market
Poland's office leasing market is evolving, with ESG considerations playing a major role in tenant decisions. Longer lease terms are becoming standard due to rising fit-out costs, while landlords offer flexible, ready-to-occupy spaces for smaller companies. Coworking spaces are expanding to meet demand for adaptability. Pre-let transactions may rise as speculative developments decline, increasing lease renegotiation pressure.
The supply gap is shifting market dynamics, favoring landlords and pushing rents upward. Large companies must start lease negotiations early, while smaller firms benefit from agility. ESG requirements are making leasing more complex, requiring expert input and prolonging decision-making. The market is becoming more competitive, requiring strategic planning from tenants.
(WBJ)
