Warsaw is one of the leading cities in Central and Eastern Europe where international IT companies are most willing to open their offices, according to the CBRE report. Only in the first half of this year. the IT industry has leased 17,000 sqm of new office space. This is more than, for example, in Vienna or Bratislava. According to CBRE experts, the computerization of European companies forced by the pandemic drives the development of the IT industry. Even the popularization of remote work in recent months has not stopped the sector's investments in new offices, which will translate into the development of Warsaw and the region.
“The IT sector is one of those which were relatively least negatively affected by the pandemic. IT services are developing well, limiting face-to-face contacts forces more computerization. We can see that more and more IT companies are considering or deciding to relocate centers to our region, including Warsaw. This allows them to streamline their supply chain and reduce costs while maintaining high-quality operations. We predict that this trend will grow, especially among outsourcing companies dealing with IT within shared service centers,” Rafał Wdowczyk, director in the Office Agency Department, CBRE, said.
Since 2016, our capital has been at the forefront of cities in CEE, along with Bucharest, Budapest and Prague. Bucharest is becoming the region's leader in terms of demand for offices among IT companies, where in the first half of this year the sector has leased 23,000 sqm. m
Currently, the IT industry is the driving force behind the real estate market in the capital of Poland. In addition to the large percentage of contracts concluded by this sector for existing office buildings, pre-lease contracts signed at the building design or construction stage stand out. Last year, they accounted for 15 percent of the entire value of transactions in the IT industry.