{"id":20086,"date":"2024-10-17T15:06:00","date_gmt":"2024-10-17T13:06:00","guid":{"rendered":"https:\/\/savills.przemeknova.usermd.net\/5-positive-trends-according-to-savills-report-warsaw-office-market-2024"},"modified":"2026-01-16T09:27:05","modified_gmt":"2026-01-16T08:27:05","slug":"5-positive-trends-according-to-savills-report-warsaw-office-market-2024","status":"publish","type":"post","link":"https:\/\/dev.officemarket.pl\/en\/5-positive-trends-according-to-savills-report-warsaw-office-market-2024","title":{"rendered":"5 positive trends according to Savills report &#8211; Warsaw office market 2024"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\" id=\"Kluczowe-dane-dotycz\u0105ce-rynku-biurowego-I-III-kwarta\u0142-2024:\"><strong>Key data on the office market Q1-Q3 2024:<\/strong><\/h3>\n\n<ul class=\"wp-block-list\">\n<li><strong>6,26 mln sq m<\/strong>  &#8211; total supply of office space<\/li>\n\n\n\n<li><strong>277,100 sq m<\/strong>  &#8211; Total area under construction (up 5% y\/y)<\/li>\n\n\n\n<li><strong>75 000 sq m<\/strong>  &#8211; New supply (up 270% y\/y)<\/li>\n\n\n\n<li><strong>10.7%<\/strong> &#8211; vacancy rate (up 10 basis points y\/y)<\/li>\n\n\n\n<li><strong>492,200 sq. ft<\/strong>. &#8211; Total demand (down 10 bps y\/y) <\/li>\n\n\n\n<li><strong>51 000 sq m<\/strong>  &#8211; Net absorption (down 43% y\/y)<\/li>\n<\/ul>\n\n<h3 class=\"wp-block-heading\" id=\"1.-O\u017cywienie-przednajm\u00f3w-(umowy-typu-pre-lease)-i-mocna-poda\u017c\"><strong>1. revival of pre-leases and strong supply<\/strong><\/h3>\n\n<p>A Savills report shows that Q3 2024 saw a significant recovery in the pre-leasing market. At that time, leases were signed in central Warsaw locations for about 38,600 sqm of office space in projects under construction.  <\/p>\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8211;  <em>The good performance of pre-leases in the third quarter of the year brought their share of total demand from the beginning of the year to the end of September to 9%. This is a positive sign for the market &#8211; tenants are more optimistic about the business future, their demand for modern workspace and are signing pre-leases more boldly, and developers are doing everything to ensure that office buildings are piling up as quickly as possible. New buildings will soon begin to fill the gap created by delayed investments in previous quarters. It&#8217;s worth noting that holding back projects in the past now results in limited availability of large spaces in prime locations, reducing choice for tenants looking for top-notch space   <\/em>  \u2013  <\/p>\n<cite>says <strong>Jaroslaw Pilch, Director, Head Of Tenant Representation, Savills Poland.<\/strong><\/cite><\/blockquote>\n\n<p>Between the first and third quarters of 2024, 75,000 sqm of new space was delivered to the Warsaw office market, surpassing the result of all of 2023 (61,000 sqm). The largest completed projects were the third phase of Lixa (26,300 sqm), Saski Crescent (15,500 sqm) and Vibe A (15,000 sqm). More than 70% of the new supply went to the city&#8217;s central locations.   <\/p>\n\n<h3 class=\"wp-block-heading\" id=\"2.-Stabilne-stawki-czynszowe-w-presti\u017cowych-lokalizacjach\"><strong>2. stable rents in prestigious locations<\/strong><\/h3>\n\n<p>The Warsaw market is characterized by stable rents in the city&#8217;s key and central districts. Rates for prime office space in the Central Business District (CBD) remain at EUR 22.50-26.00\/sqm per month, which is favorable news for investors and property owners. The best locations, attract both domestic and international companies that appreciate the high quality of the space on offer.   <\/p>\n\n<p>Despite more space in the pipeline and under construction, over the next two years, the increase in tenant interest in larger offices and large pre-leases signed may have a further impact on rising rents in prime, central locations. Outside the center, where competition will be greater, rents should remain stable, being an attractive alternative for tenants. <\/p>\n\n<h3 class=\"wp-block-heading\" id=\"3.-Rosn\u0105ce-zapotrzebowanie-na-elastyczne-przestrzenie-biurowe\"><strong>3. growing demand for flexible office space<\/strong><\/h3>\n\n<p>Flexible office space, including coworking spaces, is becoming increasingly popular. Operators of such offices leased a total of 22,400 sqm of space in 2024. This trend is a response to the changing needs of companies, which are increasingly adopting a hybrid work model. Employers are looking for spaces that allow flexible adaptation of space to the needs of the team, which is driving the popularity of short-term leases. Warsaw is a leader in this segment, offering a wide selection of flexible spaces in modern office buildings.     <\/p>\n\n<p>The report&#8217;s authors also note that while flex office operators are focused on offices in central locations, building owners in other parts of the city are furnishing co-working spaces themselves. Such a move is meant to help manage vacancies, plus give tenants an option to rent additional space quickly if needed. <\/p>\n\n<h3 class=\"wp-block-heading\"><strong>4. sustainability in the spotlight for investors<\/strong><\/h3>\n\n<p>Sustainability and green building are now key aspects in the Warsaw office market. More and more developments are incorporating environmental certifications such as BREEAM and LEED, making buildings more attractive in the eyes of tenants. Owners of older office buildings are also taking steps to bring their buildings up to the new standards. Investments in modernization, improving energy efficiency and implementing environmentally friendly solutions are becoming more common. As a result, Warsaw is not only gaining prestige, but also attracting companies that focus on sustainability in their business strategies.    <\/p>\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8211; <em>In our experience, owners of older properties are able to effectively manage the leasing of their space, provided they make investments resulting in the introduction of modern and energy-efficient solutions <\/em>-.  <\/p>\n<cite>notes <strong>Daniel Czarnecki, Director, Head of Landlord Representation, Savills Poland.<\/strong><\/cite><\/blockquote>\n\n<h3 class=\"wp-block-heading\" id=\"5.-Utrzymuj\u0105cy-si\u0119-wysoki-popyt-i-stabilne-pustostany\"><strong>5. continued high demand and stable vacancy rates<\/strong><\/h3>\n\n<p>Demand for Warsaw offices remains stable. The total area of leased offices from January to September 2024 amounted to 492,200 sqm. The highest activity was shown by companies representing the financial, IT, business services and manufacturing sectors, which testifies to the dynamic development of these industries in the capital. As one of the main business centers in Central and Eastern Europe, Warsaw attracts tenants from all over the world, offering high-quality office space at competitive prices. The stability of demand and the development of key industries are positive signals for the future, which build optimistic forecasts for the market.    <\/p>\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8211; A smaller supply of space in prime locations is encouraging developers to resume work on projects that were previously on hold. Such as in the case of Ghelamco and PKP&#8217;s cooperation on the development at Gdanski Station. On the other hand, however, we see investors considering repurposing their office projects in secondary locations, for example, into residential developments    <\/em>&#8211;  <\/p>\n<cite>emphasizes <strong>Jaroslaw Pilch, Director, Head Of Tenant Representation, Savills Poland.<\/strong><\/cite><\/blockquote>\n\n<p>At the end of September, 670,700 sqm of office space was available in Warsaw, translating into a vacancy rate of 10.7% (down 20 basis points quarter-on-quarter). In central zones, the rate stood at 8.9% (down 20 basis points y\/y), while in non-central zones it rose to 12.2% (up 40 basis points y\/y).  <\/p>\n\n<p><strong>Daniel Czarnecki<\/strong> points out that Sluzewiec and Centrum are the only office zones where the 100,000 sqm vacancy ceiling is exceeded &#8211; 208,500 sqm and 19.7% vacancy, and 152,800 sqm with 8.4%, respectively. In comparison, the CBD zone has about 98,000 sq. m. available. (9.7% vacancy). The zones with the least available office space are North (5,800 sq m, 4.6%) and Ursyn\u00f3w and Wilan\u00f3w (7,600 sq m, 6.2%).      <\/p>\n\n<h3 class=\"wp-block-heading\" id=\"Warszawa-wci\u0105\u017c-liderem\"><strong>Warsaw still the leader<\/strong><\/h3>\n\n<p>The Warsaw office market in 2024 is characterized by stability and growth potential. A recovery in the pre-leasing segment, stable rental rates, growing interest in flexible spaces and an emphasis on sustainability provide a solid foundation for the sector&#8217;s continued growth. The capital remains an attractive destination for investors and tenants, offering modern office space that responds to the changing needs of modern business. As a key center of Central and Eastern Europe, Warsaw maintains its leadership position.   <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key data on the office market Q1-Q3 2024: 1. revival of pre-leases and strong supply A Savills report shows that Q3 2024 saw a significant recovery in the pre-leasing market. At that time, leases were signed in central Warsaw locations for about 38,600 sqm of office space in projects under construction. &#8211; The good performance [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1271,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[557],"tags":[278],"strefa_wiedzy":[55],"class_list":["post-20086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bialystok-2","tag-offices","strefa_wiedzy-news"],"acf":{"autor_1":{"autor_aktualnosci_1":{"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&#038;p=20632","menu_order":0,"post_type":"doradcy","post_mime_type":"","comment_count":"0","filter":"raw"}},"autor_2":{"autor_aktualnosci_2":{"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&#038;p=20620","menu_order":0,"post_type":"doradcy","post_mime_type":"","comment_count":"0","filter":"raw"}},"powiazane":[{"ID":11759,"post_author":"2","post_date":"2025-04-16 12:11:02","post_date_gmt":"2025-04-16 10:11:02","post_content":"<!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"WZROST-POPYTU-I-ROSN&#x104;CE-ZAINTERESOWANIE-KLUCZOWYMI-LOKALIZACJAMI\"><strong>INCREASED DEMAND AND GROWING INTEREST IN KEY LOCATIONS<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>At the end of March, the total supply of modern office space in the capital amounted to 6.27 million sq m, with almost half concentrated in central locations \u2013 including 1.01 million sq m in the Central Business District (CBD). It is precisely the central areas that remain the main point of tenant activity. They account for nearly 101,000 sq m of the total transaction volume of over 160,500 sq m. Tenant activity in Warsaw was 16% higher compared to the first quarter of 2024.<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Low new supply also affected the level of net absorption, which despite more than doubling compared to the same quarter of the previous year, reached only 12,200 sq m, or 1\/3 of the average net absorption from the first quarters of 2020-2024.<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>In the demand structure, new lease agreements dominate with a 61% share, while renegotiations recorded a significant drop from 36% in Q1 2024 to 25% currently, which indicates a positive market situation and signals that overall demand for office space this year may reach a satisfactory level. Expansion agreements and pre-leases had shares of 9% and 5% respectively.  <\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"CENTRALNE-LOKALIZACJE-Z-NISKIM-WSKA&#x179;NIKIEM-PUSTOSTAN&#xD3;W\"><strong>CENTRAL LOCATIONS WITH LOW VACANCY RATES<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The vacancy rate in all of Warsaw decreased to 10.5%, while in central office locations it fell to 7.4%. For comparison, outside the center it was 13.0%. With no new supply and a decreasing number of square meters under construction (212,000 sq m, which is 27% less y\/y), the quality and location of office buildings are gaining increasing importance. As much as 93% of newly constructed offices are being developed precisely in central districts with convenient access to public transport and space of the highest standard.   <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Among the largest investments that will supply the market in the coming years are The Bridge (Ghelamco, 52,000 sq m, opening in the coming months), Upper One (Strabag, 35,000 sq m, planned opening in Q4 2026) and Office House (Echo Investment, 31,000 sq m, planned opening in Q2 2025). <\/p>\n<!-- \/wp:paragraph --><!-- wp:quote {\"translatedWithWPMLTM\":\"1\"} -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>-  <em>We estimate that in an optimistic scenario, by the end of 2027, the capital's market will be supplied with approximately 340,000 sq. m. offices. The pace at which new supply will be delivered will be influenced by several factors, among which project financing security and the degree of pre-lease agreements will play an important role <\/em>  \u2013  <\/p>\n<!-- \/wp:paragraph --><cite>m\u00f3wi&nbsp;<strong>Daniel Czarnecki, Head of Landlord Representation, Savills.<\/strong><\/cite><\/blockquote>\n<!-- \/wp:quote --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Rents in prestigious office buildings in the center remain at the level of EUR 22.50\u201326.00\/sq m\/month, with rental costs for the best properties potentially exceeding EUR 27\/sq m\/month. In the S\u0142u\u017cewiec area, rates remain competitive and range from EUR 13.25 to 15.00\/sq m\/month. In the context of decreasing availability of high-class offices and limited new supply, pressure for rent increases is anticipated.<\/p>\n<!-- \/wp:paragraph --><!-- wp:quote {\"translatedWithWPMLTM\":\"1\"} -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p><em>\u2013 Although the beginning of the year brought caution in implementing new projects, this very moment creates space for redefining the approach to office functions. We observe growing interest in spaces that not only meet companies' operational needs but also support organizational culture and team engagement building. Flexible office spaces such as flex and comfortable coworking spaces are becoming popular, meeting the requirements of new generations of workers. In the coming quarters, those who can combine location with the ability to adapt to new trends will gain an advantage \u2013   <\/em><\/p>\n<!-- \/wp:paragraph --><cite><em>&nbsp;<\/em>komentuje&nbsp;<strong>Jaros\u0142aw Pilch, Head of Tenant Representation, Savills.<\/strong><\/cite><\/blockquote>\n<!-- \/wp:quote --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"OGRANICZONA-PODA&#x17B;,-ALE-Z-PROJEKTAMI-UKIERUNKOWANYMI-NA-JAKO&#x15A;&#x106;\"><strong>LIMITED SUPPLY, BUT WITH QUALITY-FOCUSED PROJECTS<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Although the market still faces challenges such as limited developer activity and rising tenant expectations, data from the first quarter indicates progressive stabilization. Supply rationalization, gradual decline in vacancy rates, and strong interest in the best locations and high standards are symptoms that may positively impact the office sector in the coming months. <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Download report: <a href=\"https:\/\/pdf.euro.savills.co.uk\/poland\/pl-research\/savills-mim-warsaw-office-q1-2025.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Warsaw Office Report Q1 2025<\/a> <\/p>\n<!-- \/wp:paragraph -->","post_title":"Warsaw Office Market Shows Signs of Stabilization and Selective Growth","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"warsaw-office-market-shows-signs-of-stabilization-and-selective-growth","to_ping":"","pinged":"","post_modified":"2025-08-27 14:09:58","post_modified_gmt":"2025-08-27 12:09:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/savills.przemeknova.usermd.net\/warsaw-office-market-shows-signs-of-stabilization-and-selective-growth","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20106,"post_author":"2","post_date":"2025-02-27 13:48:00","post_date_gmt":"2025-02-27 12:48:00","post_content":"<!-- wp:quote {\"translatedWithWPMLTM\":\"1\"} -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>-  <em>S\u0142u\u017cewiec is a place that has undergone an impressive metamorphosis in recent years. Until a dozen years ago, it was mainly associated with the office market, today it is becoming a multifunctional urban area, where work space is combined with housing, recreation and culture <\/em>. - <em>In the latest edition of our publication, now in its fourth year, we analyze these changes, their impact on the shape of the district and the comfort of its residents.<\/em><\/p>\n<!-- \/wp:paragraph --><cite>- says <strong>Daniel Czarnecki<\/strong>, Head of Landlord Representation, Office Agency, Savills<\/cite><\/blockquote>\n<!-- \/wp:quote --><!-- wp:quote {\"translatedWithWPMLTM\":\"1\"} -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>-  <em>For years, many communities have been involved in making sure that S\u0142u\u017cewiec gets rid of the Mordor patch for good. Thanks to the changes that are happening before our eyes, this part of Mokotow is becoming a modern, well-conceived urban fabric - a place where you want to live and spend your free time, and where you work well   <\/em>-  <\/p>\n<!-- \/wp:paragraph --><cite>concludes <strong>Rafal Miastowski<\/strong>, mayor of Mokotow.<\/cite><\/blockquote>\n<!-- \/wp:quote --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"Rozw\u00f3j-komunikacji-i-zieleni\"><strong>Communication and greenery development<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>One of S\u0142u\u017cewiec's biggest challenges over the years has been road infrastructure. Today, thanks to the extension of Woronicza and Suwak streets, the district has gained direct connections in the direction of Ochota and Ursyn\u00f3w, and the change in the organization of traffic at the Post\u0119pu exit has significantly facilitated the passage through Marynarska. In parallel, a network of bicycle paths has developed, making residents and employees more likely to choose unicycles.  <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>In addition to road changes, the district has gained new green areas. The most important investment is the Linear Park along the railway tracks, which already serves both local residents and guests of nearby hotel facilities. More sections of the park are planned, as well as the development of areas along Woloska Street. Ultimately, 45,000 sqm of green space is planned for this part of Mokotow.    <\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"Biurowy-S\u0142u\u017cewiec-\u2013-fakty-i-liczby\"><strong>Office S\u0142u\u017cewiec - facts and figures<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Although S\u0142u\u017cewiec is increasingly developing into residential and service functions, it is still one of Warsaw's largest office zones. The total supply includes about 1.06 million sq. m. in 74 buildings, representing 17% of the capital's total office stock and 31% of the space located outside the central areas.   <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>At the same time, S\u0142u\u017cewiec is witnessing a trend, unique to the entire city, of reducing office stock. The reason is the lack of new investments and the demolition of unprofitable office buildings with high vacancy rates. <\/p>\n<!-- \/wp:paragraph --><!-- wp:quote {\"translatedWithWPMLTM\":\"1\"} -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p><em>- Importantly, it is in Sluzewiec that we are seeing an increasing number of small changes that help employers attract talent. This is a direction of change that improves the city on the one hand and supports business on the other. Ahead of many building owners is a time of strategic decisions, which should be helped by agents, asset managers or strategists who know the specifics of the location.  <\/em><\/p>\n<!-- \/wp:paragraph --><cite><em> <\/em>Daniel Czarnecki adds.<\/cite><\/blockquote>\n<!-- \/wp:quote --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The last building to be completed was the DSV headquarters (Q2 2020), while Curtis Plaza, the iconic office building from which Mordor began for many, was demolished in 2024. This is not the only office building demolished in S\u0142u\u017cewiec. In their place are mainly residential and living developments, i.e. apartments for institutional rent, the so-called PRS (Private Rented Sector) and private modern student housing.    <\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"Wiek-budynk\u00f3w-i-modernizacje\"><strong>Age of buildings and upgrades<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The age structure of the buildings varies: 37% of the supply dates from 2005-2009, 24% of the stock was built between 2010 and 2014, and 23% is in office buildings from 2015-2020. Much of this development has undergone or is undergoing modernization (including Diuna, or formerly Marynarska Business Park, T-Mobile Office Park, Mokot\u00f3w Nova).<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Within the district, several smaller micro-areas stand out: Marynarska\/Progress, Domaniewska Zachodnia and Wschodnia, punctuated by the hub of Woloska Street, Cybernetyki\/Progress and Konstruktorska\/Suwak. The average size of buildings in these areas varies by up to three times (from 7200 sqm at Cybernetyki\/Progress to 22,300 sqm at Konstruktorska\/Suwak). <\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"Popyt,-pustostany-i-warunki-najmu\"><strong>Demand, vacancy and rental conditions<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Sluzewiec still ranks among the top Warsaw hubs in terms of gross demand, although there has been a decline in recent years (from about 160,000 sqm leased annually in 2015-2019 to 125,000 sqm in 2020-2024). More than half of the contracts are renegotiations, indicating a strong attachment of companies to the location. At the end of 2024, the vacancy rate was around 19.7%, with nearly 208,000 sq. ft. remaining to be leased.     sq. m. offices. As much as 56% of this space has remained vacant for 3 years and can be categorized as structural vacancy. Most vacant space is found in the areas of Woloska, Domaniewska Zachodnia and Marynarska\/Progress, which are also the largest micro-areas in terms of office stock.   <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The high vacancy rate prompts office building owners to be flexible - incentive packages in the form of rent-free periods or subsidized fit-outs are attractive here. Base rents fluctuate between EUR 13.25-15.00\/sqm per month, while in some B-class buildings they can be less than EUR 10. Maintenance costs (PLN 24.00-36.00\/sqm) are added, and usually include utilities in common areas.   <\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"Handel-i-us\u0142ugi-w-parterach-biurowc\u00f3w\"><strong>Retail and services in first floors of office buildings<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The first floors of many office buildings are occupied by commercial and retail premises, which is of great importance to employees and local residents. It is estimated that the total area of such premises is 55,000 sq. m. (in 50 buildings), and they house stores, canteens, restaurants, beauty salons or medical centers, among others.   <\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"Elastyczne-przestrzenie-biurowe-i-coworkingi\"><strong>Flexible office spaces and coworking spaces<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:quote {\"translatedWithWPMLTM\":\"1\"} -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>-  <em>Flexible offices are growing in popularity in S\u0142u\u017cewiec. There are currently 13 centers here offering a total of 24,000 sqm of space (about 2,550 workstations), representing 11.5% of the entire Warsaw flex office market and as much as 38% of the off-center offering  <\/em>  \u2013  <\/p>\n<!-- \/wp:paragraph --><cite>says <strong>Thomas Jodar<\/strong>, head of Workthere Poland, Savills.<\/cite><\/blockquote>\n<!-- \/wp:quote --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The largest operator is Adgar Poland, which has a total of 12,400 sqm in four buildings. The second largest are Spaces and New Work Offices with more than 2,800 sqm. It is possible that the trend of property owners creating flexible space on their own will grow. Examples include projects at Domaniewska 45 or the R34 building. Currently, the monthly cost of one coworking space in S\u0142u\u017cewiec is between PLN 1,200 and PLN 1,700.    <\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"Handel,-us\u0142ugi-i-rozrywka-po-s\u0142u\u017cewiecku\"><strong>Trade, services and entertainment in the Slutsk style<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>S\u0142u\u017cewiec has long been developing not only in terms of offices, but also in terms of housing, which translates into an increasingly rich retail and service offer. There are about 670 units in residential buildings and office buildings (in addition to the Westfield Mokot\u00f3w offering). More than 100 of these are restaurants and food outlets, and another 100 are various types of grocery stores. Residents and employees also have at their disposal numerous beauty and hair salons, medical clinics, kindergartens, gyms and fitness clubs.    <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>An integral part of Mokotow's landscape is Westfield Mokotow, one of the first modern shopping centers in Poland, which opened in 2000 (then as Galeria Mokotow). Over the years, the facility has been expanded and modernized, adapting to the changing needs of customers. <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Today, Westfield Mokot\u00f3w is more than 68,000 sq. m. of retail space with a wide range of shopping, dining and entertainment options (234 stores and service outlets, 30 restaurants and cafes, a cinema, a gym and a children's playroom.). <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>This shopping center is closely linked to the development of S\u0142u\u017cewiec - with the evolution of \"Mordor\" it has become a popular leisure destination for employees of the surrounding office buildings. Now, with more and more residential developments in the area, Westfield Mokot\u00f3w is evolving into a more comprehensive local community center. Not only does it offer a premium segment (The Designer Gallery, exclusive beauty brands), but it is also expanding its assortment to include popular home furnishings stores, offerings for families with children and a wide range of services.  <\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"\u201eLiving\u201d-na-S\u0142u\u017cewcu-\u2013-PRS-i-akademiki\"><strong>\"Living\" in S\u0142u\u017cewiec - PRS and dormitories<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The institutional rental housing (PRS) segment has been growing in Poland since 2015, with nearly 2,240 apartments in 10 buildings currently operating in this format in S\u0142u\u017cewiec. Half of them were completed in 2023. - They account for almost 57% of the current supply of rental apartments in this part of the city. The largest project located on Bokserska Street (430 apartments) is owned by Heimstaden. In 2025, the district's PRS market will expand with the LifeSpot development at 5a Post\u0119pu Street.      <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>S\u0142u\u017cewiec remains an attractive location for PRS investors thanks to its good transportation links, office and retail facilities, and a steadily developing residential fabric.<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>S\u0142u\u017cewiec is also attracting investors in the PBSA (Purpose Built Student Accommodation) sector. Two private dormitories owned by Kajima Student Housing Limited are currently operating here: the Wilanowska Student Depot (opening in 2023, about 600 places) and the Suwak Student Depot (launched in 2019). Two more projects are expected to be built by 2026. One of them will offer about 600 places and is Speedwell's first investment in Poland. The other is an investment where StudentSpace will be the operator and will offer 470 places for students.     <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The dynamic growth of students in Warsaw (almost 257,000 people studied in the capital in the 2023\/2024 academic year) and the limited number of places in university dormitories (for only 7% of the total student population) are a promising factor for the development of this market. In view of the unprofitability of some older office buildings, further adaptation of existing facilities to dormitories or PRS investments cannot be ruled out. <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Wioleta Wojtczak, director of market research and analysis at Savills comments: \"<em>S\u0142u\u017cewiec is a fascinating case to analyze - changes are occurring on many levels and involve the transformation of a neighborhood that for years operated under a uniform model. This requires an in-depth understanding, the ability to read trends and combine different concepts. It can be seen as a unique case study and a great example of the (r)evolution that is taking place before our eyes  <\/em>\"<\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"Wielofunkcyjna-dzielnica-i-plany-na-przysz\u0142o\u015b\u0107\"><strong>Multifunctional district and plans for the future<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Sluzewiec is no longer exclusively an \"office basin\" - housing, services, food and retail space and modern coworking concepts are developing dynamically here. More PRS estates are being built, private dormitories, and soon - a new elementary school on Konstruktorska Street. The district is thus gaining a whole new quality of life, where work, study and entertainment can function in an integrated urban space.   <\/p>\n<!-- \/wp:paragraph --><!-- wp:quote {\"translatedWithWPMLTM\":\"1\"} -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>-  <em>The second edition of the 2019 report began by stating that S\u0142u\u017cewiec was entering a decisive phase, which was considered by many to be an overly optimistic outlook. Today, in 2025, we see how many of the announced changes have already been implemented <\/em>  \u2013  <\/p>\n<!-- \/wp:paragraph --><cite>emphasizes <strong>Jakub Kompa<\/strong> of the Better S\u0142u\u017cewiec Association. S\u0142u\u017cewiec is gaining a completely new face: a modern, multifunctional place friendly to residents, employees and students. <\/cite><\/blockquote>\n<!-- \/wp:quote --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Full version of the report: <a href=\"https:\/\/pdf.euro.savills.co.uk\/poland\/savills-sluzewiec-2025.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">S\u0142u\u017cewiec 2025 Report<\/a><\/p>\n<!-- \/wp:paragraph -->","post_title":"S\u0142u\u017cewiec increasingly friendly to living - latest Savills report in cooperation with partners","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"sluzewiec-increasingly-friendly-to-living-latest-savills-report-in-cooperation-with-partners","to_ping":"","pinged":"","post_modified":"2026-01-16 09:34:43","post_modified_gmt":"2026-01-16 08:34:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/savills.przemeknova.usermd.net\/sluzewiec-increasingly-friendly-to-living-latest-savills-report-in-cooperation-with-partners","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":20108,"post_author":"2","post_date":"2025-03-20 13:38:00","post_date_gmt":"2025-03-20 12:38:00","post_content":"<!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"PODA\u017b-I-PROJEKTY-W-BUDOWIE\"><strong>SUPPLY AND PROJECTS UNDER CONSTRUCTION<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>By the end of 2024, the total stock of modern office space in regional cities reached 6.78 million sq m, representing a year-on-year increase of 2%. The largest markets remain Krak\u00f3w (1.83 million sq m), Wroc\u0142aw (1.38 million sq m), and the Tricity (1.07 million sq m). However, both the volume of space under construction and new supply declined\u2014by 41% and 56% respectively compared with 2023. Among new projects exceeding 10,000 sq m were Grundmanna Office Park A in Katowice (20,700 sq m), Quorum Office Park A in Wroc\u0142aw (18,200 sq m), B10 in Wroc\u0142aw (14,100 sq m), and Brain Park C in Krak\u00f3w (13,000 sq m).<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The dynamic growth of Krak\u00f3w and Pozna\u0144, where 57,500 sqm and 52,600 sqm are under construction, respectively, testifies to the still strong interest in office investments in regional markets. New office buildings are also under construction in Wroc\u0142aw - 28,600 sqm, Tri-City - 22,700 sqm, Katowice - 15,600 sqm and Lublin - 13,000 sqm.<\/p>\n<!-- \/wp:paragraph --><!-- wp:quote {\"translatedWithWPMLTM\":\"1\"} -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>-  <em>Modern spaces are increasingly incorporating technologies that increase energy efficiency and occupant comfort. New developments are being designed with sustainability in mind, and environmental certifications such as LEED and BREEAM are standard on the market. They are cared for by investors and developers, expected by tenants    <\/em>-  <\/p>\n<!-- \/wp:paragraph --><cite>comments <strong>Daniel Czarnecki<\/strong>, Head of Landlord Representation, Office Agency, Savills.<\/cite><\/blockquote>\n<!-- \/wp:quote --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"AKTYWNO\u015a\u0106-NAJEMC\u00d3W-I-NOWE-MO\u017bLIWO\u015aCI\"><strong>TENANT ACTIVITY AND NEW OPPORTUNITIES<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Despite challenging market conditions, 2024 ended with a solid result of 714,000. sq. m. of leased space, confirming strong demand for offices. The largest number of tenants represented the IT (27% of leased space), business services (16%), industrial (14%), and finance (12%) industries. <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The highest demand was recorded in Krakow (266.7 thousand sqm), Wroclaw (146.5 thousand sqm) and the Tri-City (116.3 thousand sqm), with Krakow and Lodz standing out among other markets with a 33% and 9% year-on-year increase in tenant activity, while Szczecin, Lublin and the Tri-City had the lowest vacancy rates; 7.7%, 11.6% and 12.5%, respectively.<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Against the backdrop of a rising vacancy rate of 17.8% in 2024, it is worth noting the growing role of contract renegotiations, which accounted for 51% of all transactions.<\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"DYNAMICZNY-ROZW\u00d3J-RYNKU-ELASTYCZNYCH-BIUR\"><strong>DYNAMIC DEVELOPMENT OF THE FLEXIBLE OFFICE MARKET<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>2024 has brought significant growth to the flexible office space market. The largest amount of office space has been leased by The Shire - Beyond Coworking, which will occupy 4,500 sq. m. in two locations, but concepts created by office building owners are also having a significant impact on the growth of this format.<\/p>\n<!-- \/wp:paragraph --><!-- wp:quote {\"translatedWithWPMLTM\":\"1\"} -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>-<em>  We have consistently seen high activity from operators of flexible coworking spaces, who, due to the increasing popularity of hybrid forms of work, have leased a total of 24,500 sqm of space, 25% more than a year ago. The upward trend confirms the growing interest in flexible forms of work and adaptation of space to the changing needs of tenants    <\/em>-  <\/p>\n<!-- \/wp:paragraph --><cite>adds Jaros\u0142aw Pilch.<\/cite><\/blockquote>\n<!-- \/wp:quote --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>At the end of the year, 104 flex locations with a total area of 181,300 sqm were operating in regional cities, offering around 22,300 workstations. The largest markets - Krak\u00f3w (60,000 sqm) and Wroc\u0142aw (42,000 sqm) - accounted for 56% of the stock. An additional 12,000 sqm will be made available in 2025.<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Regional cities offer great diversity - the average flex office space exceeds 1,700 sqm, and the largest location, Fabryczna Flex in Krakow, occupies as much as 9,000 sqm.<\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"TRENDY-KSZTA\u0141TUJ\u0104CE-RYNEK\"><strong>TRENDS SHAPING THE MARKET<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The market is witnessing a dynamic development of trends in office space design. Companies are increasingly investing in offices conducive to teamwork, offering relaxation zones, green terraces and advanced technological solutions such as intelligent building management systems. There is also growing interest in locations close to major transportation hubs, which promotes comfort for employees commuting to the office.  <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Another important trend is increased environmental awareness. More and more companies are looking for eco-certified offices, which is in line with ESG strategies. Modern buildings offer efficient energy management systems, solutions to reduce water consumption and green technologies to improve indoor air quality.  <\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"STABILNE-WARUNKI-NAJMU-I-OPTYMISTYCZNE-PROGNOZY\"><strong>STABLE LEASE TERMS AND OPTIMISTIC FORECASTS<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Rents in the regions remained between EUR 12 and EUR 17\/sqm per month, making the Polish office market attractive to both domestic and international companies. <\/p>\n<!-- \/wp:paragraph --><!-- wp:quote {\"translatedWithWPMLTM\":\"1\"} -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>- <em>In 2025, the market can be expected to continue to stabilize and tenant activity will gradually increase. Companies are increasingly willing to invest in modern office solutions, and the growing popularity of flexible spaces indicates the future directions of the sector's development.   <\/em>- <\/p>\n<!-- \/wp:paragraph --><cite>adds Jaros\u0142aw Pilch.<\/cite><\/blockquote>\n<!-- \/wp:quote --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>In the coming years, it will be crucial to adapt the offer to the changing expectations of tenants, which will certainly contribute to further strengthening of the Polish office market. The development of the sector will depend on a flexible approach to the changing needs of companies, the implementation of new technologies and attention to sustainability. Poland remains an attractive place for office investments, and an innovative approach to space design will further strengthen its position in the European commercial real estate market.  <\/p>\n<!-- \/wp:paragraph --><!-- wp:heading {\"level\":3,\"translatedWithWPMLTM\":\"1\"} -->\n<h3 class=\"wp-block-heading\" id=\"KOMENTARZE-Z-RYNK\u00d3W-REGIONALNYCH\"><strong>COMMENTS FROM REGIONAL MARKETS<\/strong><\/h3>\n<!-- \/wp:heading --><!-- wp:paragraph -->\n<p><strong>Wojciech Mazur<\/strong>, Office Agency, Savills<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p><strong>- Cracow<\/strong><\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The segment of offices up to 500 sqm has seen the most interest, confirming companies' cautious approach to long-term commitments. Large transactions - above 1,000 sq. m. - appear less frequently and mainly involve central locations. Demand continues to be driven by the IT and business services sectors, with many companies renegotiating contracts, reducing the number of occupied positions. Flexible coworking spaces are also growing in popularity and gaining ground across the city.     <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p><strong>- Katowice<\/strong><\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>In Katowice, companies are primarily reorganizing existing offices, less frequently opting for relocations. The hybrid model still dominates, but the return of employees to stationary work is becoming more apparent. This translates into a growing interest in improving the quality of occupied space, while optimizing costs. Some companies are reducing square footage, but investing in more modern solutions. In the center, demand for larger offices remains stable, while other locations are dominated by renegotiations and adapting contracts to current needs.    <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph -->\n<p><strong>Dorota Ko\u015bcielniak<\/strong>, Office Agency, Savills<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p><strong>- Wroclaw<\/strong><\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The Wroc\u0142aw office market is now clearly focused on optimizing lease costs. Although a large number of deals were made in 2024, only about 40% involved relocations, and the highest activity is observed in the sub-500 sqm segment. Interest in smaller, more functional offices continues to grow, while large deals - above 1,000 sqm. - are in the minority and mainly concern the inner city.   <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>More than 65% of office demand is generated by IT, BPO and manufacturing companies. Renegotiations of leases, often involving the reduction of leased space, still account for a significant portion of transactions. We expect 2025 to bring stability, and with a redefinition of the hybrid work model and a greater willingness of companies to return to offices, there may be a gentle recovery and expansion in the market.  <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph -->\n<p><strong>Piotr Skuza<\/strong>, Office Agency, Savills<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p><strong>- Tricity<\/strong><\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The year 2024 in the Tri-City office market saw a marked decline in new supply, with around 20,000 sqm completed, more than 10,000 sqm less than the previous year. The most important completed investments are the second phase of Waterfront in Gdynia (14,500 sqm) and Silk in Gdansk (5,000 sqm). Under construction remain Punkt, Alzare Office and the next phase of LPP Fashion Lab - Velvet, among others.<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Although the vacancy rate in the region as a whole declined to 12.5% (from 13.3% in 2023), in Gdynia it rose to a record 21.8%. The main reason for this high level was both the debut of Waterfront II and reductions in leased space by companies. Total tenant activity reached 116,300 sqm, half of which were extensions of existing leases.<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The market is sustaining the trend of reducing leased space, driven primarily by the hybrid working model. In 2024, the average deal size dropped to less than 1,100 sqm. (in 2023 it was nearly 1,400 sq. m.), and 58% of new deals were for the smallest offices up to 500 sq. m. Deals above 2,000 sqm, by contrast, were few. Findings from the past few quarters suggest that tenants - <em>faced with changes in workflow<\/em> - are looking for flexible solutions and carefully tailored space. This trend is expected to continue in the near term, supporting the development of diversified office formats and services tailored to companies' needs.      <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph -->\n<p><strong>Mateusz Jakubowicz<\/strong>, Office Agency, Savills<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph -->\n<p><strong>\u2014 Pozna\u0144<\/strong><\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>The year 2024 saw almost zero new supply in Poznan's office market; only a small intimate building was completed. The situation will be similar this year, with only two smaller projects with a total of 5,000 sqm under construction. As a result, tenants, looking for more attractive locations, are choosing among the best existing facilities. The most popular buildings were Nowy Rynek, Andersia Tower and Pixel, from which Allegro moved out after a dozen years.    <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Rising fit-out costs (space arrangement) and pressure to optimize expenses often prompt companies to move from older buildings to new ones while reducing occupied space by as much as 20-50%. Due to the small number of new developments, however, some tenants prefer to renegotiate their contracts temporarily, postponing the office change until the market offers more choice. This benefits office building owners, who invest in upgrading installations, refreshing common areas or improving ESG standards.  <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Working in a hybrid model further encourages smaller-scale transactions (less than 1,000 sqm), while also contributing to the growth of rents, which have remained stable for a long time. In new projects that may come on the market in 2-3 years, rates will reach as high as EUR 18 and more. High tenant interest with limited supply translates into one of the lowest vacancy rates among regional cities, which further strengthens the attractiveness of Pozna\u0144's office market.  <\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph {\"translatedWithWPMLTM\":\"1\"} -->\n<p>Full version of the report: <a href=\"https:\/\/pdf.euro.savills.co.uk\/poland\/pl-research\/mim-savills-office-market-in-regional-cities-2024.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Regional Office Market<\/a><\/p>\n<!-- \/wp:paragraph -->","post_title":"Gradual stabilization in the regional office market - outlook to 2025","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"gradual-stabilization-in-the-regional-office-market-outlook-to-2025","to_ping":"","pinged":"","post_modified":"2026-01-16 09:38:01","post_modified_gmt":"2026-01-16 08:38:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/savills.przemeknova.usermd.net\/gradual-stabilization-in-the-regional-office-market-outlook-to-2025","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"wstep":"<p>According to the latest Savills Warsaw Office Market report for the third quarter of 2024, Warsaw is characterized by stable rents, rapidly growing interest from tenants in flex office space and increasing investment in green construction. The capital is strengthening its position in the Central and Eastern European region, and the positive trends prevailing provide a solid foundation for further development of the sector. Here are five key aspects of this market that demonstrate its potential and future prospects.  <\/p>\n","spis_tresci":"<ul>\n<li><a href=\"#Kluczowe-dane-dotycz%C4%85ce-rynku-biurowego-I-III-kwarta%C5%82-2024:\">Key data on the office market Q1-Q3 2024:<\/a><\/li>\n<li><a href=\"#1.-O%C5%BCywienie-przednajm%C3%B3w-(umowy-typu-pre-lease)-i-mocna-poda%C5%BC\">1. revival of pre-leases and strong supply<\/a><\/li>\n<li><a href=\"#2.-Stabilne-stawki-czynszowe-w-presti%C5%BCowych-lokalizacjach\">2. stable rents in prestigious locations<\/a><\/li>\n<li><a href=\"#3.-Rosn%C4%85ce-zapotrzebowanie-na-elastyczne-przestrzenie-biurowe\">3. growing demand for flexible office space<\/a><\/li>\n<li><a href=\"#4.-Zr%C3%B3wnowa%C5%BCony-rozw%C3%B3j-w-centrum-uwagi-inwestor%C3%B3wWyzwania-i-perspektywy-rynku\">4. sustainability in the spotlight for investors<\/a><\/li>\n<li><a href=\"#5.-Utrzymuj%C4%85cy-si%C4%99-wysoki-popyt-i-stabilne-pustostany\">5. continued high demand and stable vacancies<\/a><\/li>\n<li><a href=\"#Warszawa-wci%C4%85%C5%BC-liderem\">Warsaw still the leader<\/a><\/li>\n<\/ul>\n"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>5 positive trends according to Savills report - Warsaw office market 2024 - Officemarket.pl by Savills<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 positive trends according to Savills report - Warsaw office market 2024 - Officemarket.pl by Savills\" \/>\n<meta property=\"og:description\" content=\"Key data on the office market Q1-Q3 2024: 1. revival of pre-leases and strong supply A Savills report shows that Q3 2024 saw a significant recovery in the pre-leasing market. At that time, leases were signed in central Warsaw locations for about 38,600 sqm of office space in projects under construction. &#8211; The good performance [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.officemarket.pl\/en\/5-positive-trends-according-to-savills-report-warsaw-office-market-2024\" \/>\n<meta property=\"og:site_name\" content=\"Officemarket.pl by Savills\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-17T13:06:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-16T08:27:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev.officemarket.pl\/wp-content\/uploads\/2025\/05\/warszawa-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1387\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"lukasz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"lukasz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/dev.officemarket.pl\/en\/5-positive-trends-according-to-savills-report-warsaw-office-market-2024#article\",\"isPartOf\":{\"@id\":\"https:\/\/dev.officemarket.pl\/en\/5-positive-trends-according-to-savills-report-warsaw-office-market-2024\"},\"author\":{\"name\":\"lukasz\",\"@id\":\"https:\/\/dev.officemarket.pl\/en#\/schema\/person\/9a7be3b376835a3de32c2a1a773e5154\"},\"headline\":\"5 positive trends according to Savills report &#8211; 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