Warsaw’s office market is seeing a shift as limited availability in prime areas drives tenants toward alternative locations. In the second quarter of 2025, two major office projects – The Bridge and Office House – added nearly 80,000 sqm of new space. With four additional buildings under construction, the market continues to expand.

Demand remains stable, with 155,000 sqm leased in the second quarter. The financial and tech sectors led the activity, with renegotiations making up the largest share of deals. Vacancy rates rose slightly to 10.8 percent due to new supply, though availability in central zones is quickly shrinking.

“Falling availability in top areas like the Central Business District and Central Western Corridor is increasing pressure on rents and shifting attention to second-best locations. Older buildings in the CBD and CCW, as well as offices in Służewiec, are benefiting. Służewiec is now a strong relocation alternative and led the city in office leasing demand last quarter,” Michał Tyszkiewicz, Director, Office Agency, CBRE, said.

(WBJ)


warsaw
cbre
offices
michał tyszkiewicz

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