Warsaw’s Q1 office space take-up at 140,000 sqm
19:42
More than 140,000 sqm of office space was leased in Warsaw in the first quarter of this year, according to JLL data. The Mokotów district, which features one of the city’s largest business hubs, accounted for the biggest portion (41,000 sqm) of the take-up volume in the period. At the end of March, the average vacancy rate stood at 9.1 percent (a 1.7 percentage point decrease y/y). In central and non-central locations it amounted to 6.3 percent and 11 percent respectively. JLL expects the office vacancy rate in Warsaw to drop further later this year.
(Warsaw Business Journal)
