Tri-city is Poland's fourth largest office space market

The Tri-City with 526,000 sqm of modern office space, is Poland's fourth largest market, following Warsaw (4.53 mln sqm), Kraków (689,000 sqm) and Wrocław (641,000 sqm). In H1 2015, demand gave the region a strong third position in Poland terms of leased space, according to a report by JLL. During H1 2015, a total of over 53,000 sqm of office space was leased in the Tri-City taking third position in the country in terms of take-up. “The first half of 2015 was extremely intensive in terms of signing new lease agreements and renewals. In Q2 2015 alone, our Tri-City team was involved in lease transactions in excess of 11,000 sqm of office space...We forecast that the tenant demand in the second half of the year will be as high as in H1,” said Magdalena Reńska, Head of Tri-City Office at JLL. Currently, there is over 130,000 sqm of office space under construction in Tri-City. 100,000 sqm of this stock will be commissioned for use by the end of H1 2016. Tri-City office tenants can count on favorable attractive rent rates (€12.75-13.5/sqm/month) when compared to other major office markets in Poland.