Over 0.5 mln sqm of office space already in Poznań

The international consulting company Cushman & Wakefield summarized the last year on the market of modern office space in Poznań.
In 2019, the Poznań office space market increased by 85,700 sqm, which gives a total of 564,800 sqm. At the same time, the vacancy rate increased by 3.6 percentage points and reached 10.8 percent. Still, last year's demand was nearly 42 percent lower than in 2018.

“Due to the relatively high increase in new supply in 2019, most of the new investments in Poznań were suspended until the impact of the supply peak on the Poznań office market was assessed,” Jan Szulborski, Senior Consultant, Cushman & Wakefield, said.

Companies planning their development in the capital of Wielkopolska appreciate above all the stability and predictability of this market.

“The BPO/SSC services sector has been developing here for a long time, mainly in the F&A, IT and call/service center segments, but quite new entities are also appearing,” Grzegorz Bobrowski, Negotiator, Cushman & Wakefield, added.

(WBJ)