Poznań office stock to exceed 500,000 sqm in 2018 – Savills

The office stock in Poznań, the fifth largest office market in Poland, will exceed 500,000 sqm next year, according to the latest report by Savills. The existing supply of modern office area in the city amounted to 427,800 sqm at the end of Q1 2017, with 41,100 sqm having been completed since the beginning of last year. By the end of this year, another 20,000 sqm is expected to be delivered. In 2018 and 2019, 67,200 sqm and 35,000 sqm of new office space should be completed in Poznań respectively, according to Savills experts. The largest office projects now under construction in the city include the second phase of Business Garden Poznań (Vastint, 46,000 sqm) and new phases of Pixel (Garvest, 17,800 sqm).