Office space demand hit record high outside Warsaw

Lease agreements for as much as 445,000 sqm of office space were signed in 2014 in Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Szczecin and Lublin, the biggest office markets excluding Warsaw, according to Tomasz Czuba, head of Office Leasing at JLL. The demand  surged by 23 percent and was the highest ever. In Warsaw the demand fell by 21,000 sqm and reached 612,000 sqm. As much as 13 percent of the office space in the capital city was leased by the public sector. Some 323,000 sqm of office space was built outside Warsaw last year, of which nearly 70 percent in Kraków, the Tri-City and Katowice. In total, more than 1.0 million sqm was leased in Poland in 2014. Some 600,000 sqm of new office stock was completed last year.