The report provides an up-to-date analysis of the Krakow office market for the first half of 2025, including data on supply, vacancy, tenant activity, investment trends and forecasts for 2025-2027.
Office market in Kraków – 1st half of 2025
Report summary
No new office space was delivered in the first half of 2025. The largest developments under construction are Tischner Green Park I (24,000 sqm) and WITA (Echo Investment) – part of a larger mixed-use complex. A return of development activity (up to 40-55,000 sqm per year) is forecast for 2026-2027.
Key data
1,83 mln m²
Total Office Supply
0 m² (vs. 24 100 m² w 2024)
New Supply
65 200 m² (+45% r/r)
Space Under Construction
29 700 m² (–13% r/r)
Total Demand (take-up)
29 700 m² (+630% r/r)
Net Absorption
17,3% (–290 pb r/r)
Vacancy Rate