15:02 4 November 2025
Regional office markets in Q3 characterized as extremely low volume of new supply
The third quarter of 2025 on Poland’s major regional office markets saw very low new supply but steady tenant activity. Total modern office stock across the eight largest regional cities reached 6.73 million sq m, with only 18,050 sq m delivered by September—the lowest level on record. Developers are focusing on modernizing or converting older, inefficient buildings, withdrawing over 74,000 sq m of outdated space since January.
About 198,000 sq m remains under construction, with few projects exceeding 10,000 sq m, as new developments depend on pre-leasing. Tenant activity was moderate, with 134,400 sq m leased in Q3 and Kraków, Wrocław, and the Tri-City generating over 73% of demand. Vacancy rose slightly to 17.7%, while best rents stayed stable at €16–17 per sq m per month.
