Warsaw's office market under pressure
Shrinking supply and rising rents create opportunity for Poleczki Park
Shrinking supply and rising rents create opportunity for Poleczki Park
For years, Warsaw has been the undisputed leader of Poland’s commercial real estate market. The capital continues to attract investors, global companies are choosing it for their regional headquarters, and demand for modern office space remains one of the key indicators of the city’s economic strength. However, today’s office market landscape looks somewhat different than it did just a few years ago. On the one hand, demand for high-quality offices remains strong; on the other, available space is shrinking and the first signs of rising rents are becoming visible.

Due to rising material costs, inflation, and difficulties in acquiring investment land in central locations, many developers are delaying new projects or focusing on smaller-scale investments. This situation is gradually and inevitably impacting rental rates, contributing to their steady increase. In practice, this means that vacant space is becoming increasingly difficult to find, particularly in modern buildings that meet current standards of energy efficiency and workplace comfort.
“Warsaw’s office market has recently faced a clear limitation in the supply of modern space. According to the latest reports from the end of 2025, the total stock of modern office space in Warsaw amounted to approximately 6.25 million sqm, representing a decline of more than 1% quarter-on-quarter and a reduction in available space of nearly 90,000 sqm,” emphasizes Leszek Kordyl, Member of the Management Board at UBM Development Polska, the developer and asset manager of the Poleczki Park complex.

In light of these market trends – declining office supply and rising rental rates –properties that combine quality, availability, and forward-looking management standards are gaining importance. Poleczki Park is one such project. Present on the market for over a decade, the complex has consistently distinguished itself through high standards of maintenance, management, and overall quality. Designed with efficiency at its core, it has been awarded LEED Platinum and Gold certifications. These distinctions confirm its energy efficiency, high indoor environmental quality, responsible resource management, and modern design standards. At a time when tenants are increasingly guided by ESG criteria, such credentials are not only prestigious but also highly practical, signaling lower operating costs alongside a strong commitment to environmental responsibility. Numerous studies of tenant preferences highlight access to green space, relaxation areas, and on-site amenities as key drivers of office attractiveness. Poleczki Park exemplifies this approach. The complex features expansive and diverse landscaped areas, recreational and community spaces, and a broad range of amenities, including shops, bakeries, a café, a car wash, a post office, parcel lockers, restaurants, two shuttle bus lines, and courier services. Regular employee events further enhance everyday workplace comfort while enabling tenants to conveniently address their daily needs on site.
Its location near the airport, easy access, efficient public transport connections, and parking spaces for employees and visitors are also significant advantages. In the context of trends where hybrid work and employee well-being have strategic importance, such features are increasingly sought after. Flexible and modular solutions represent another key factor considered by companies. At Poleczki Park, office modules starting from 300 sqm, through 600 sqm, and larger units are still available. This flexible offering meets the needs of both medium-sized companies and rapidly growing teams.
“At a time when large, modern spaces are becoming increasingly difficult to secure, such availability may constitute a real solution for tenants seeking flexibility and planning future expansion. In the case of Poleczki Park, this option remains fully achievable,” adds Leszek Kordyl. Warsaw’s office market is facing two major challenges: shrinking supply of modern space and increasing rental pressure, particularly in prime locations. Market data clearly show that office availability is declining, and tenants are increasingly competing for space that meets high technical and environmental standards.

In this context, Poleczki Park emerges as an attractive alternative for companies seeking ready-to-occupy office solutions – with flexible modules, comfortable infrastructure, LEED Platinum certification, and generous green spaces. It is an example of a project that not only responds to current market challenges but also provides tenants with tangible benefits in an increasingly competitive environment for office space.
For more information: poleczkipark.pl

Leszek Kordyl
Member of the Management Board at UBM Development Polska