4:05 2 October 2025
Warsaw office market revives
Poland’s office sector is showing strong momentum, with Warsaw leading Europe’s most dynamic hubs, according to Knight Frank. Poland’s GDP is projected to top $1 trillion in 2025, placing the country among the world’s 20 largest economies. Tenant demand surged 15% year-on-year to 689,000 sq m in H1 2025—close to 2019’s record. Vacancy in Warsaw’s CBD dropped to 7.1%, while prime rents climbed to €18–€35/sq m per month.
Investment is also accelerating: since 2024, more than €2 billion has flowed into offices, including the €280 million sale of Warsaw Unit, one of Europe’s largest recent deals. Prime assets in Warsaw trade at €4,500–€6,000/sq m, attractive versus Frankfurt or Paris. Yields stand at 6% in Warsaw and 7.5% in regional cities, with further compression likely. Rising demand for ESG-compliant, hybrid-friendly spaces confirms Warsaw’s growing role as a leading European office market.
