17:00 25 August 2025
Report: record low supply of new office space for rent on local markets
In H1 2025, lease renegotiations dominated Poland’s regional office markets, accounting for nearly 60% of demand, according to JLL. Limited new supply and high relocation costs pushed tenants to extend contracts, particularly in Kraków (70%), Wrocław, Tricity, and Lublin. Major deals included Shell (23,000 m²) and Motorola (17,000 m²), both in Kraków. Total regional leasing reached 390,000 m², up 37% year-on-year, with Kraków leading (172,000 m²). New supply was minimal—just 2,400 m² in H1—keeping stock at 6.75 million m², though 190,000 m² is expected by 2027.
Vacancy averaged 17.5%, highest in Katowice, Łódź, and Wrocław. Rents remained stable, ranging from €11–20/m², with Kraków at the top and Lublin the cheapest.
(PAP)
