13:10 25 October 2025
Low demand for offices creating purchasing opportunities for public sector
In Poland’s largest cities outside Warsaw, high office vacancy rates have halted new developments, as companies extend leases instead of relocating. According to JLL, only three office buildings totaling 15,600 sq m were completed in Q3 2025, with just 33,000 sq m expected for the entire year — the lowest level in over a decade. Modest recovery is forecast for 2026–27, though still well below previous boom levels. Public institutions are seizing this opportunity: the Łódź regional government, for instance, purchased Skanska’s Brama Miasta A building for PLN 160 million.
Markets vary regionally — Kraków shows positive absorption, while Wrocław and Katowice face growing vacancies. Limited supply and rising adaptation costs push firms to renew leases, enabling landlords to gradually raise rents.
(pb.pl)
