Warsaw offices in demand as new record set
Warsaw’s office market accelerated in Q2 2026, with leasing volume reaching a record 282,800 sq m. Net demand totaled 134,800 sq m, while renegotiations accounted for 52% of activity as many companies chose to retain existing space. The vacancy rate fell from 9.5% to 8.5%, including just 4.8% in the city center, while only 2,300 sq m of modernized space was added. Limited supply and strong demand for premium offices near major transport hubs are strengthening landlords’ negotiating position and pushing rents higher.
Prime monthly rents now reach €29.50 per sq m in central Warsaw and €19.50 outside the center, with central rates expected to reach €30 by year-end.