13:35 13 December 2025
Office market in 2025 struggled with historically low supply
In 2025, Poland’s office market struggled with historically low new supply, shrinking available space, and cautious investment capital, according to Karol Wyka, Managing Director of Office Leasing at Newmark Poland. Only about 90,000 square meters of new office space entered construction nationwide, the lowest level ever recorded, while renovations and office-to-other-use conversions further reduced available stock. Investment activity remained muted, with transaction volumes around €1 billion, far below pre-pandemic levels, although domestic capital dominated.
Looking ahead to 2026, the supply gap is expected to persist, with just 160,000 square meters of new offices planned amid stable demand. This imbalance is likely to increase renegotiations and upward pressure on rents, especially in prime locations.
