Warsaw Office Market Faces Modernization and Conversion Surge Amid Shifting Demand

The Warsaw office market is undergoing significant changes, with an increased focus on converting and modernizing office buildings, according to Newmark Polska's "Office Occupier - Office Market in Warsaw, Q1 2024" report. As the availability of central office spaces declines, interest has shifted to office buildings outside the city center.

By the end of Q1 2024, Warsaw's total modern office space stock exceeded 6.24 million sq m, with new supply totaling 48,700 sq m.