More offices in regions than in Warsaw

More than three times more modern office space was added in the regions than in Warsaw in 2019 (547,000 sqm vs. 162,000 sqm). Kraków has up to 25 percent share in the regional market, Wrocław is chasing it (21 percent) and the podium closes Tri-City (14 percent).

Large supply translates into easier access to space for landlords. While the vacancy rate in the capital is only 7.8 percent, 13 percent of offices remain vacant in Wrocław. In contrast, Kraków, Poznań, and Łódź have 11 percent free office space, according to CBRE data on the regional office market. CBRE experts emphasize that for the first time the total amount of office space in regional cities has exceeded the capital's result.

(WBJ)