{"id":20145,"date":"2025-09-25T15:39:22","date_gmt":"2025-09-25T13:39:22","guid":{"rendered":"https:\/\/savills.przemeknova.usermd.net\/warsaw-office-market-2024"},"modified":"2026-01-16T11:04:51","modified_gmt":"2026-01-16T10:04:51","slug":"warsaw-office-market-2024","status":"publish","type":"post","link":"https:\/\/dev.officemarket.pl\/en\/warsaw-office-market-2024","title":{"rendered":"Warsaw office market – 2024"},"content":{"rendered":"\n

More than 104,000 sqm of new office space was delivered in 2024 – the most since 2021. New developments were mainly concentrated in the City Center West zone (about 70,000 sqm), with completions including The Form<\/strong> (29,400 sqm), Lixa D&E <\/strong>(26,300 sqm) and Vibe A <\/strong>(15,000 sqm). The average commercialization level of the new supply was 68%. <\/p>\n\n

Developers are being cautious, with only 227,700 sqm under construction, of which only 21,000 sqm outside the central zones. There is also a trend of demolishing obsolete buildings, especially in S\u0142u\u017cewiec (e.g. Curtis Plaza – 14,400 sqm). <\/p>\n","protected":false},"excerpt":{"rendered":"

More than 104,000 sqm of new office space was delivered in 2024 – the most since 2021. New developments were mainly concentrated in the City Center West zone (about 70,000 sqm), with completions including The Form (29,400 sqm), Lixa D&E (26,300 sqm) and Vibe A (15,000 sqm). The average commercialization level of the new supply […]<\/p>\n","protected":false},"author":2,"featured_media":16591,"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-20145","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"}],"plik_raportu":{"ID":16597,"id":16597,"title":"savills-mim-warsaw-office-market-total-2024","filename":"savills-mim-warsaw-office-market-total-2024.pdf","filesize":2037746,"url":"https:\/\/dev.officemarket.pl\/wp-content\/uploads\/2025\/09\/savills-mim-warsaw-office-market-total-2024.pdf","link":"https:\/\/dev.officemarket.pl\/en\/rynek-biurowy-w-warszawie-2024\/savills-mim-warsaw-office-market-total-2024","alt":"","author":"2","description":"","caption":"","name":"savills-mim-warsaw-office-market-total-2024","status":"inherit","uploaded_to":16589,"date":"2025-09-25 13:40:51","modified":"2025-09-25 13:40:51","menu_order":0,"mime_type":"application\/pdf","type":"application","subtype":"pdf","icon":"https:\/\/dev.officemarket.pl\/wp-includes\/images\/media\/document.png"},"notka_prasowa":[{"ID":20098,"post_author":"2","post_date":"2025-01-17 14:25:59","post_date_gmt":"2025-01-17 13:25:59","post_content":"\n

The reduction in supply, already observed in 2023-2024, coupled with increasing pressure to modernize office space, is expected to affect the priorities of tenants and investors. The market is outlining the need to redefine the office as a space that fosters collaboration and creativity, but also generates savings. <\/p>\n\n

Cautious developers and a supply gap<\/strong><\/h3>\n\n

A limited supply of new office space will be a key challenge for the Warsaw market, where total space already stands at 6.29 million sqm and demand remains high at 740,200 sqm. In 2024, 104,400 sqm of new office space was delivered, and despite an increase of more than 71% compared to the previous year, the volume of space delivered remains below the historical average. New supply was concentrated in projects located in central zones (83%), with the majority located in the subzone delineated around Daszy\u0144ski Roundabout (Western Center). Key new developments include The Form (29,400 sqm), the next phase of the Lixa project (buildings D and E, 26,300 sqm) and Vibe A (15,000 sqm). <\/p>\n\n

Developer activity in Warsaw remains limited, as can be seen by the low volume of office space under construction. It is currently less than 230,000 sqm, down 14% from last year. In addition, only two projects, totaling 21,000 sqm, are being developed outside the city center.<\/p>\n\n

The second half of 2024 has seen an increase in tenant interest and significant pre-let transactions, which, combined with the low level of new supply over the past two years and the limited number of projects under construction, herald a further supply deficit in the coming years and possible difficulties in meeting demand. As a result, rents in the most attractive locations are expected to rise, prompting companies to make faster leasing decisions to secure strategic spaces. Savills experts forecast that less than 400,000 sqm of new space could be built between 2025 and 2027, strengthening the supply gap in the market. <\/p>\n\n

\n

- The office market in Warsaw is entering a period that will be defined by limited resources. The supply gap over the next two years will increase competition for the best space. Tenants, in order to guarantee their access to modern offices, must act in advance and develop thoughtful strategies in cooperation with advisors. In turn, it will be a challenge for developers and investors to balance financial constraints with the need to respond flexibly to the changing needs of tenants <\/em> -<\/p>\n says Daniel Czarnecki, Head of Landlord Representation, Savills Poland.<\/strong><\/cite><\/blockquote>\n\n

Renegotiation an important trend<\/strong><\/h3>\n\n

Total tenant activity in Warsaw's office market in 2024 amounted to about 740,200 sqm, down slightly from last year's figure. In contrast to 2023, the majority of space (53.4%) was leased in total in non-central office zones of the city. The most space was leased in the Center (nearly 200,000 sqm) and Sluzewiec (about 143,000 sqm) zones. The barrier of over 100,000 sqm of leased space was also exceeded by the COB zone (146,100 sqm) and the Jerozolimskie Avenue corridor (113,700 sqm).<\/p>\n\n

In 2024 in Warsaw, lease renegotiations accounted for as much as 46% of all transactions. New agreements, including transactions of the type for the owners' own use, accounted for 40% of the total demand, while so-called pre-leases and expansions accounted for 7% each. During the period under review, there were eight transactions for space exceeding 10,000 sqm, with a total area of nearly 111,100 sqm. The four largest were concluded by tenants from the financial sector, including Santander Bank's pre-let at The Bridge (24,500 sqm) and renegotiations by a confidential client at Atrium Garden (13,900 sqm), Bank Gospodarstwa Krajowego at Varso Place 2 (13,600 sqm) and Citi Bank Services at T-Mobile Office Park (13,100 sqm). In addition, in S\u0142u\u017cewiec, a confidential tenant from the logistics sector decided to renegotiate its contract at Domaniewska Office Hub (13,000 sqm). The authors of the report note that the financial (19%), business services and manufacturing (13% each) and IT (11%) sectors were the most active. The public sector also became a significant player, generating more than 6% of demand.<\/p>\n\n

\n

- The current market situation favors landlords, especially for large new spaces. High adaptation costs and limited supply of space mean that for many companies the optimal solution will be to extend existing contracts under new terms. Building owners will have to be flexible both in terms of the length of the contract and support in refreshing the space they occupy. On the other hand, tenants who decide to relocate should expect longer contracts of 7 or even 10 years, especially in new projects <\/em> \u2013 <\/p>\nsays Jaroslaw Pilch, Head of Tenant Representation, Savills Poland.<\/strong><\/cite><\/blockquote>\n\n

Stable rents and vacancies<\/strong><\/h3>\n\n

Asking rents for prime offices in Warsaw in 2024 remained stable. In the Central Business District (COB), the average price remained at 22.50-26.00 EUR\/sq.m.\/month, while the most attractive spaces, mainly in projects under construction, reached rates of up to 28.00 EUR\/sq.m.\/month. In S\u0142u\u017cewiec, rents rose slightly, to 13.25-15.00 EUR\/sq.m.\/month, which was mainly due to higher finishing costs.<\/p>\n\n

At the end of 2024, the vacancy rate in the Warsaw office market was 10.6%, a slight increase of about 20 basis points compared to the previous year. In central zones, the rate was much lower (8.8%), while in non-central zones it was 12%. The largest amount of available office space is located in S\u0142u\u017cewiec (207,800 sqm) and the Centrum zone (150,300 sqm). <\/p>\n\n

\n

- The high vacancy rate in Warsaw can be misleading. While there is no shortage of office space in Warsaw, its fragmentation and lack of large, cohesive spaces pose a challenge for tenants looking for more space. Companies planning to expand and grow their workforce or relocate should act in advance and consider alternatives, such as adapting existing buildings or negotiating with developers early on in the design stage <\/em> \u2013 <\/p>\nsays Jaroslaw Pilch, Head of Tenant Representation, Savills Poland.<\/strong><\/cite><\/blockquote>\n\n

Growing importance of flexible and ready offices<\/strong><\/h3>\n\n

Flexible office solutions, including serviced offices and coworking spaces, as well as office spaces prepared by property owners, are gaining in popularity all the time. Ready-made modules allow companies to start operations without lengthy adaptation processes, which is particularly attractive for smaller entities. Flex office, hot-desking and coworking solutions allow space to be quickly adapted to dynamically changing business needs. <\/p>\n\n

Operators of flexible office space in Warsaw leased 28,600 sqm in 16 locations, a year-on-year increase of almost 70%. The most active player was The Shire - Beyond Coworking, which managed to lease more than 9400 sqm in 5 locations. At the end of the year, the capital offered 208,200 sqm of coworking space in 87 locations with more than 25,000 workstations. 70% of the space occupied by flex operators was located in the center. This year, the flex office offer will expand by at least 5,200 sqm of new space, which is currently under development. The authors of the report emphasize that Warsaw coworking spaces are diverse in size, with the average area of such an office being 2,400 sqm. <\/p>\n\n

Hybrid work model and human-centered design<\/strong><\/h3>\n\n

In the current market situation, where employees are empowered and able to work remotely, companies need to create comfortable and attractive workspaces to encourage teams to stay in the office on a regular basis. Jaroslaw Pilch<\/strong> points out that if office space does not meet employees' expectations, there is a risk of losing top talent and valuable professionals. - Modern offices are moving away from classic \"open space\" to creative spaces, with more emphasis on meeting areas, project rooms and relaxation zones<\/em>, the Savills expert adds. <\/p>\n\n

Stronger focus on sustainable solutions<\/strong><\/h3>\n\n

Sustainable approaches to property design and management will play an increasingly important role. Tenants and investors will focus on buildings with green certifications, such as BREEAM or LEED, also due to the growing importance of energy efficiency. The use of green technologies will not only reduce CO2 emissions, but also optimize operating costs, which is becoming one of the key elements in tenants' decision-making. <\/p>\n\n

Summary<\/strong><\/h3>\n\n

According to Savills experts, 2025 will bring challenges and opportunities for the office real estate sector. Redefinition of workspace, investment in smart building management technologies and well-planned office strategies, emphasis on cost efficiency and sustainable solutions will shape the future market landscape. For tenants, decisions based on long-term forecasts and a deep understanding of the changing needs of employees in the context of what the Warsaw market will offer in the next 2-3 years will prove crucial. <\/p>\n\n

Download the report: Warsaw Office Report. <\/a> <\/p>\n","post_title":"Summary of 2024 and Key Outlook for 2025 for the Warsaw Office Real Estate Market","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"summary-of-2024-and-key-outlook-for-2025-for-the-warsaw-office-real-estate-market","to_ping":"","pinged":"","post_modified":"2026-01-16 09:31:14","post_modified_gmt":"2026-01-16 08:31:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/savills.przemeknova.usermd.net\/summary-of-2024-and-key-outlook-for-2025-for-the-warsaw-office-real-estate-market","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"sub_naglowek":"Poland \u2013 January 2025","wstep":"

A summary of the situation in the Warsaw office market in 2024, presenting data on new supply, vacancy, tenant activity, rents, and investment and urban development trends. The report also includes the outlook for 2025-2027. <\/p>\n","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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New developments were mainly concentrated in the City Center West zone (about 70,000 sqm), with completions including The Form (29,400 sqm), Lixa D&E (26,300 sqm) and Vibe A (15,000 sqm). 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