21:08 15 September 2025
Poland’s office market heats up: strong demand amid record-low new supply
In H1 2025, about 688,600 m² of office space was leased (up 14% year-on-year), while only 87,600 m² of new space was delivered—97% in Warsaw. Vacancy averaged 14.2%, but only 7.8% in Warsaw’s central zones, showing high competition for prime locations. Regional cities led demand growth, especially Kraków (+85%), despite zero new supply there. Developers are building only 342,300 m², the lowest volume ever, suggesting future shortages and rising rents, particularly in certified Class A projects. Older buildings are being withdrawn or modernized.
Experts predict falling vacancies in central areas, rising rents, and increased competition for top-quality, sustainable offices.
(WBJ)
