{"id":19998,"date":"2025-09-26T14:44:08","date_gmt":"2025-09-26T12:44:08","guid":{"rendered":"https:\/\/savills.przemeknova.usermd.net\/warsaw-office-market-first-half-of-2025"},"modified":"2026-01-16T10:49:55","modified_gmt":"2026-01-16T09:49:55","slug":"warsaw-office-market-first-half-of-2025","status":"publish","type":"post","link":"https:\/\/dev.officemarket.pl\/en\/warsaw-office-market-first-half-of-2025","title":{"rendered":"Warsaw Office Market \u2013 First Half of 2025"},"content":{"rendered":"\n

In the first half of 2025, 85,200 sq m of new office space was delivered to the Warsaw market\u2014the highest volume since 2022. Key projects included The Bridge<\/strong> (52,000 sq m) and Office House (27,800 sq m),<\/strong> both located in the vicinity of Rondo Daszy\u0144skiego. <\/p>\n\n

Demand reached 301,400 sq m \u2013 the largest share was from: City Centre (102,800 sq m), S\u0142u\u017cewiec (72,800 sq m), and CBD (63,400 sq m).<\/strong> Tenants primarily signed new leases (47%), renegotiated existing ones (43%), and expanded (8%). Pre-leases accounted for only 2%. <\/p>\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

In the first half of 2025, 85,200 sq m of new office space was delivered to the Warsaw market\u2014the highest volume since 2022. Key projects included The Bridge (52,000 sq m) and Office House (27,800 sq m), both located in the vicinity of Rondo Daszy\u0144skiego. Demand reached 301,400 sq m \u2013 the largest share was […]<\/p>\n","protected":false},"author":2,"featured_media":16552,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[557],"tags":[],"strefa_wiedzy":[58],"class_list":["post-19998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bialystok-2","strefa_wiedzy-report"],"acf":{"autor_1":{"autor_1_raport":{"ID":20620,"post_author":"2","post_date":"2026-02-17 09:02:36","post_date_gmt":"2026-02-17 08:02:36","post_content":"","post_title":"Daniel Czarnecki","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"daniel-czarnecki","to_ping":"","pinged":"","post_modified":"2026-02-17 09:02:36","post_modified_gmt":"2026-02-17 08:02:36","post_content_filtered":"","post_parent":0,"guid":"https:\/\/officemarket.pl\/?post_type=doradcy&p=20620","menu_order":0,"post_type":"doradcy","post_mime_type":"","comment_count":"0","filter":"raw"}},"autor_2":{"autor_2_raport":{"ID":20632,"post_author":"2","post_date":"2026-02-17 09:07:31","post_date_gmt":"2026-02-17 08:07:31","post_content":"","post_title":"Jaros\u0142aw Pilch","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"jaroslaw-pilch","to_ping":"","pinged":"","post_modified":"2026-02-23 12:58:37","post_modified_gmt":"2026-02-23 11:58:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/officemarket.pl\/?post_type=doradcy&p=20632","menu_order":0,"post_type":"doradcy","post_mime_type":"","comment_count":"0","filter":"raw"}},"powiazane":[{"ID":20128,"post_author":"2","post_date":"2025-09-25 13:30:43","post_date_gmt":"2025-09-25 11:30:43","post_content":"\n

In the first half of 2024, the total supply of modern office space in Krakow reached 1.82 million sqm. Two new projects were delivered with a total area of 14,400 sqm - Brain Park C (13,000 sqm) and Roko Office Point (1,400 sqm), 85% of which have already been leased. <\/p>\n\n

Tenant activity increased by 13% y\/y, reaching 93,500 sqm, with the IT (35%), manufacturing (27%) and business services (18%) sectors accounting for the largest share of demand. The largest transactions were a contract renegotiation by APTIV (10,300 sqm) and a new deal by Volvo Tech Hub (10,100 sqm). <\/p>\n\n

The vacancy rate was 20.2%, and net absorption was positive at 4100 sqm. Rents for A-class offices are in the range of EUR 13.50-16.50\/m\u00b2\/month, with service charges reaching up to PLN 30\/m\u00b2\/month. <\/p>\n","post_title":"Krak\u00f3w office market - 1st half 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"krakow-office-market-1st-half-2024","to_ping":"","pinged":"","post_modified":"2026-01-16 10:42:20","post_modified_gmt":"2026-01-16 09:42:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/savills.przemeknova.usermd.net\/krakow-office-market-1st-half-2024","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20132,"post_author":"2","post_date":"2025-09-25 14:24:25","post_date_gmt":"2025-09-25 12:24:25","post_content":"\n

As of H1 2024, the Tri-City remains one of Poland's key office markets, with Gdansk playing a dominant role (76% of stock). Only one project was completed - LPP Fashion Lab - Silk (5,000 sqm). Low development activity (23,000 sqm under construction) is due to high vacancy rates and stalled projects, among other factors. <\/p>\n\n

Gdansk (46,700 sqm) and Gdynia (8,600 sqm) generated the highest demand. Tenants most often renegotiated contracts (43%), although new leases also dominated (54%). The most active sectors were IT (35%), industrial (18%) and business services (13%). <\/p>\n","post_title":"Office market in the Tri-City - 1st half of 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"office-market-in-the-tri-city-1st-half-of-2024","to_ping":"","pinged":"","post_modified":"2026-01-16 10:42:34","post_modified_gmt":"2026-01-16 09:42:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/savills.przemeknova.usermd.net\/office-market-in-the-tri-city-1st-half-of-2024","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20139,"post_author":"2","post_date":"2025-09-25 15:32:20","post_date_gmt":"2025-09-25 13:32:20","post_content":"\n

In 2024, the total supply of modern office space in regional cities increased to 6.78 million sqm. 123,800 sqm of new space was delivered, down 56% y\/y. The vacancy rate rose to 17.8%, and net absorption was 87,600 m\u00b2. <\/p>\n\n

The highest demand was recorded in Krakow (266,700 sqm), Wroclaw (146,500 sqm) and the Tri-City (116,300 sqm). 51% of concluded agreements were renegotiated. The most active sectors were IT, business services, industrial and finance - accounting for a total of nearly 70% of demand. <\/p>\n\n

A decline in development activity is evident in the regions, with space under construction down 41% y\/y. Most of the planned projects depend on securing pre-leasing agreements and financing. <\/p>\n","post_title":"Warsaw office market - Q3 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warsaw-office-market-q3-2024","to_ping":"","pinged":"","post_modified":"2026-01-16 11:19:54","post_modified_gmt":"2026-01-16 10:19:54","post_content_filtered":"","post_parent":0,"guid":"https:\/\/savills.przemeknova.usermd.net\/warsaw-office-market-q3-2024","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20141,"post_author":"2","post_date":"2025-09-25 15:35:26","post_date_gmt":"2025-09-25 13:35:26","post_content":"\n

In the first half of 2024, the total supply of modern office space in Krakow reached 1.82 million sqm. Two new projects were delivered with a total area of 14,400 sqm - Brain Park C (13,000 sqm) and Roko Office Point (1,400 sqm), 85% of which have already been leased. Tenant activity increased by 13% y\/y, reaching 93,500 sqm, with the IT (35%), manufacturing (27%) and business services (18%) sectors accounting for the largest share of demand. The largest transactions were a contract renegotiation by APTIV (10,300 sqm) and a new deal by Volvo Tech Hub (10,100 sqm). The vacancy rate was 20.2%, and net absorption was positive at 4100 sqm. Rents for A-class offices are in the range of EUR 13.50-16.50\/m\u00b2\/month, with service charges reaching up to PLN 30\/m\u00b2\/month. <\/p>\n","post_title":"Office market in regional cities - Q3 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"office-market-in-regional-cities-q3-2024","to_ping":"","pinged":"","post_modified":"2026-01-16 11:19:32","post_modified_gmt":"2026-01-16 10:19:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/savills.przemeknova.usermd.net\/office-market-in-regional-cities-q3-2024","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20143,"post_author":"2","post_date":"2025-09-25 15:38:00","post_date_gmt":"2025-09-25 13:38:00","post_content":"\n

In 2024, the total supply of modern office space in regional cities increased to 6.78 million sqm. 123,800 sqm of new space was delivered, down 56% y\/y. The vacancy rate rose to 17.8%, and net absorption was 87,600 m\u00b2. <\/p>\n\n

The highest demand was recorded in Krakow (266,700 sqm), Wroclaw (146,500 sqm) and the Tri-City (116,300 sqm). 51% of concluded agreements were renegotiated. The most active sectors were IT, business services, industrial and finance - accounting for a total of nearly 70% of demand. <\/p>\n\n

A decline in development activity is evident in the regions, with space under construction down 41% y\/y. Most of the planned projects depend on securing pre-leasing agreements and financing. <\/p>\n","post_title":"Office market in regional cities - 2024","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"office-market-in-regional-cities-2024","to_ping":"","pinged":"","post_modified":"2026-01-16 11:05:34","post_modified_gmt":"2026-01-16 10:05:34","post_content_filtered":"","post_parent":0,"guid":"https:\/\/savills.przemeknova.usermd.net\/office-market-in-regional-cities-2024","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20147,"post_author":"2","post_date":"2025-09-25 15:56:16","post_date_gmt":"2025-09-25 13:56:16","post_content":"\n

Q1 2025 saw record low new supply, with just 2.4 thousand sq m in one project in Pozna\u0144. Total demand increased by 27% y\/y, driven mainly by markets in Krakow (56.6k sqm), Wroclaw (43.8k sqm) and the Tri-City (26.4k sqm). <\/p>\n\n

The largest interest was generated by the IT, manufacturing, business services and financial sectors (together 58% of demand). Renegotiations dominated (48%), new contracts accounted for 41%, and expansions accounted for 8%. <\/p>\n\n

The vacancy rate was 17.5%, with the highest levels in Lodz (22.3%), Katowice (21.1%) and Wroclaw (20.4%). In contrast, Szczecin (8%) and Lublin (11.1%) had the least available space. <\/p>\n","post_title":"Office Market in Regional Cities - Q1 2025","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"office-market-in-regional-cities-q1-2025","to_ping":"","pinged":"","post_modified":"2026-01-16 11:04:23","post_modified_gmt":"2026-01-16 10:04:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/savills.przemeknova.usermd.net\/office-market-in-regional-cities-q1-2025","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"wstep":"

An overview of the office market situation in the capital in the first half of 2025, covering data on supply, demand, vacancy rates, development activity, and rental and investment trends. Changes in transaction structure and the spatial distribution of tenant activity are also analyzed. <\/p>\n","sub_naglowek":"Poland Commercial \u2013 July 2025","key_data":[{"ikona":{"ID":16525,"id":16525,"title":"Group","filename":"Group.svg","filesize":4938,"url":"https:\/\/dev.officemarket.pl\/wp-content\/uploads\/2025\/09\/Group.svg","link":"https:\/\/dev.officemarket.pl\/en\/office-market-in-regional-cities\/group","alt":"","author":"2","description":"","caption":"","name":"group","status":"inherit","uploaded_to":16520,"date":"2025-09-25 10:32:36","modified":"2025-09-25 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GROWING RESOURCES AT CENTER, HIGH QUALITY MATTERS<\/strong><\/h3>\n\n

Warsaw's office stock at the end of June 2025 stood at 6.33 million sqm, 46% of which was located in central zones. On the office map of the capital, the Daszy\u0144skiego traffic circle area, which remains the main beneficiary of development investments, particularly stands out.<\/p>\n\n

\n

Tenant demand is focused on projects that offer the highest quality, sustainability certifications and a central location. This is a continuation of the flight to quality trend we have been seeing for several quarters now <\/em> <\/p>\ncomments Jaroslaw Pilch<\/strong>, Head of Tenant Representation, Savills.<\/cite><\/blockquote>\n\n

The \"flight to quality\" trend - i.e., the search for the best locations and the highest ESG standards - is not only continuing, but increasingly influencing the strategies of both tenants and property owners. Limited new supply will further reinforce the pressure for the best offices in top locations. <\/p>\n\n

NEW SUPPLY ON THE RISE, BUT INVESTMENT UNDER CONSTRUCTION IS GETTING SCARCE<\/strong><\/h3>\n\n

In H1 2025, developers delivered the largest amount of new space in three years. New supply compared to the January-June period a year ago increased by 34% and amounted to 85,200 sqm. Major developments include: The Bridge (52,000 sqm, Ghelamco) and Office House (27,800 sqm, Echo Investment). Both are located in the office basin near Daszy\u0144skiego Roundabout (West Center subzone). <\/p>\n\n

At the same time, the volume of projects under construction halved from last year, reaching 140,000 sqm. As much as 86% of this space is being developed in the city center. Among the largest investments at which work is underway are: Upper One (35,500 sqm), V Tower (30,700 sqm) and Studio A (24,000 sqm).<\/p>\n\n

\n

A lower volume of investment under construction could mean limited availability of modern space in the next 2-3 years, especially in top locations. According to our analysis, up to 250,000 sqm of new space could be built by 2027. Such a low level of new supply is good news for owners of top office buildings, who will be able to count on increased interest in their investments. <\/em> Older projects in very good locations will re-enter the game. One example is the well-known Atrium 1 office building at the UN traffic circle, which has undergone extensive modernization and, after rebranding, has turned into Wise Point and offers more than 18,000 sq. m. of leasable space <\/em><\/p>\nsays Daniel Czarnecki<\/strong>, Head of Landlord Representation, Savills.<\/cite><\/blockquote>\n\n

STABLE TENANT ACTIVITY, SHARE OF RENEGOTIATIONS DECREASES<\/strong><\/h3>\n\n

Total gross demand in the first half of the year amounted to 301,400 sqm, registering a slight decline of around 5% compared to the same period a year ago. Central zones accounted for 55% of the demand, with the largest number of contracts concluded in the Centrum zone (102,800 sqm) and S\u0142u\u017cewiec (72,800 sqm). The authors of the report emphasize that the structure of demand has changed compared to the first half of the previous year - new contracts accounted for 47% of the volume, renegotiations dropped to 43%, and pre-leases accounted for only 2%. Expansions accounted for 8% of signed contracts.<\/p>\n\n

VACANCIES DOWN IN THE CENTER, UP OUTSIDE IT<\/strong><\/h3>\n\n

At the end of the first half of the year, there were 682,700 sqm of offices available for lease across the city, and the vacancy rate stood at 10.8%, down 10 bps y\/y. In the center, the availability of space decreased to 7.8% (down 130 bps y\/y), while in non-center zones it increased to 13.3% (up 100 bps y\/y). The largest amount of vacant space is in S\u0142u\u017cewiec (223,900 sqm), in the Center zone (155,800 sqm) and along the Jerozolimskie Avenue corridor (87,100 sqm). These three zones account for almost 70% of the vacant offices in Warsaw. <\/p>\n\n

RENTS AND SERVICE CHARGES: HIGH QUALITY FOR THE PRICE<\/strong><\/h3>\n\n

Asking rents for prime space in the center range from 22.50 to 26.00 EUR\/sq.m.\/month, with a possible increase to 28.00 EUR\/sq.m.\/month for premium space under construction. In non-central zones, rates for A-class projects range from 14.00 to 18.00 EUR\/sq.m.\/month. Service charges reach as high as PLN 40\/sq.m.\/month.<\/p>\n\n

TRENDS FOR THE COMING QUARTERS: MODERNIZATION, CONVERSIONS AND SELECTIVE DEMAND<\/strong><\/h3>\n\n

In the coming quarters, the key developments shaping the Warsaw office market will be conversions, upgrades and deepening quality selection of space by tenants.<\/p>\n\n

\n

More and more owners of older buildings, even those in central locations, are looking into changing their function, primarily to residential use. At the same time, some older office buildings are undergoing comprehensive modernization or repositioning in order to compete with modern projects in terms of technical standard and attractiveness to tenants <\/em><\/p>\nsays Wioleta Wojtczak<\/strong>, Head of Reaserch, Savills.<\/cite><\/blockquote>\n\n

Download report: Savills MiM Warsaw Office H1 2025<\/a><\/p>\n\n

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