The report provides an overview of the situation in the office markets of Poland’s eight largest regional cities: Krakow, Wroclaw, Tricity, Poznan, Katowice, Lodz, Lublin and Szczecin. It includes data on supply, demand, vacancy, investments under construction and rental rates. The publication also points out the biggest challenges and potential scenarios for the market until 2027.
Office Market in Regional Cities – Q1 2025
Report summary
Q1 2025 saw record low new supply, with just 2.4 thousand sq m in one project in Poznań. 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).
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%.
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.
Key data
6,76 mln m²
Total Office Supply
60 900 m² (–74% r/r)
New Supply
264 900 m² (+43% r/r)
Space Under Construction
748 800 m² (–13% r/r)
Total Demand (take-up)
140 600 m² (–51% r/r)
Net Absorption
10,4% (–120 pb r/r)
Vacancy Rate
