An analysis by Savills Poland of more than 300 tenants in Szczecin’s modern offices indicates that they are highly diversified by industry. It stabilizes the local market and underscores the city’s important role as the business center of northwestern Poland.

The dominant group of tenants are companies from the business services sector (24%) and banking, insurance and investment (12%). This confirms the importance of Szczecin as a regional financial and service center. The manufacturing sector is also strong (12%), with an increasingly important role played by companies related to renewable energy (RES) and the production of specialized equipment.

The IT industry is also an important element of the local economy, accounting for 10% of tenants. The presence of technology companies and the development of digital services prove Szczecin’s position as a hub for innovation and modern services.

The logistics sector is also strong (10%), which is directly related to Szczecin’s location, access to a seaport and proximity to Western European and Scandinavian markets, as well as developed transport infrastructure. The city is an important link in European supply chains, and transportation and logistics companies generate demand for space tailored to their needs.

The health sector, on the other hand, accounting for 7% of tenants, no longer includes only public facilities, but increasingly private clinics, dispensaries and other medical facilities, reporting growing demand for modern office space.

– The industry diversity of office tenants in Szczecin is high. The strong position of business services and finance companies, the support of rapidly growing manufacturing – including those related to renewable energy sources – and the growing share of medical, IT and logistics companies make the city an attractive location for many companies. This diverse profile makes the office market in Szczecin resilient to fluctuations in individual sectors, which may translate into growth prospects in the years to come –

says Wioleta Wojtczak, Head of Research, Savills.

– With a student population of more than 30,000, Szczecin has a solid base of qualified human resources. This advantage, combined with its convenient location, is a key factor in the steady, albeit gradual, development of the local office market. According to ABSL data, there are 68 service centers in the city, which together employ 8,500 people. It is worth noting that employment in this sector has increased by 2,100 people since Q1 2020. The further development of services, innovative sectors and logistics testifies to the promising nature and potential of the Szczecin market. –

notes Jaroslaw Jachura, Senior Consultant, Research, Savills.