Gov't agencies account for 15% of office demand in Warsaw in 2014

Public sector institutions accounted for as much as 15 percent of office space leased in Warsaw throughout 2014, the largest tenant group after service sector companies (33 percent excluding confidential leases), according to JLL. The banking industry accounted for 13 percent of office demand last year. Among the service sector companies, consulting firms leased the most space (12.5 percent of the entire office demand). Office space leased by production companies made up 11 percent of the total demand, while IT firms and telecoms - 10 percent. In regional cities, the BPO/SSC sector accounted for 65 percent of the entire office space leased last year, followed by other services (10 percent) and insurance firms (6 percent).