Demand for Warsaw office space in Q1-Q3 higher than in 2014 - report

Throughout three quarters of the year, 612,800 sqm of office space was leased in Warsaw, thus more than in the whole of 2014, Colliers International reported. The most space was leased in Mokotów district (174,000 sqm), but the central districts accounted for 36 percent of the total number of contracts, according to the report by Colliers. Over 303,200 sqm was leased in existing buildings, 95,400 sqm regarded pre-leases and 40,100 sqm was expanded. The net demand accounted for 72 percent of the total transactions volume. The experts at Colliers believed that the demand will remain at the same level in the last quarter if the year.