A detailed analysis of the office market in Gdansk, Gdynia and Sopot. The publication presents data on supply, vacancy, leasing, developer activity and rental rates. The report also includes an analysis of trends and tenant activity in the region.
Office market in the Tri-City – 1st half of 2024
Report summary
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.
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%).
Key data
1,05 mln m²
Total Office Supply
5 000 m² (–27% r/r)
New Supply
23 000 m² (–66% r/r)
Space Under Construction
55 800 m² (–19% r/r)
Total Demand (take-up)
13 400 m² (poprawa vs. –4700 m²)
Net Absorption
12,5% (–180 pb r/r)
Vacancy Rate
