Wrocław constantly in top three office markets in Poland

The total volume of office stock makes Wrocław third in terms of market size in Poland. Tenant interest in Lower Silesia's capital remains at a high level - in H1 2015 ca. 46,400 sqm of office space was leased. More than 70% of demand came from the business services sector, according to a report by JLL. "The total office stock in Wrocław exceeds 640,000 sqm, which makes Lower Silesia's capital third in the country, after Warsaw and Kraków, in terms of market size. In H1 2015, developers completed almost 43,900 sqm of offices, with the largest projects commissioned for use in this period being the West Gate -16,000 sqm, and Dominikański A - 14,000 sqm," said Katarzyna Krokosińska, Senior Consultant, Office Agency and Tenant Representation at JLL. As much as 9.4% of office space remained without a tenant at the end of H1 2015 - the vacancy rate in Wrocław is higher than in Kraków or Łódź, but lower than the values registered in Warsaw, Poznań, Katowice and the Tri-City. Prime rents per sqm of modern office space per month range between €14-14.50.