7:00 8 March 2019
Falling vacancy rate in Katowice office market – C&W
The office vacancy rate in Katowice – the fifth biggest office market in Poland – saw a historical fall to 8.8 percent at the end of 2018 (which translates into 45,700 sqm of available space), according to a recent report by Cushman & Wakefield. Net absorption amounted to 57,100 sqm at the end of last year, which marks a 118-percent increase upon the year 2017, the study said. The downward trend with regard to the vacancy rate could continue this year as there is still ample demand for class-A space located near the center of the city, said Tomasz Dyba, a negotiator in the office agency of Cushman & Wakefield. According to the company’s data, 38,200 sqm of office space was leased in Katowice in 2018, 24% more than in 2017. The biggest transactions included the lease by Fujitsu Technology Solutions of 6,300 sqm at the .KTW I building.
Warsaw Business Journal
