A comprehensive analysis of the regional office market in Poland for 2024. In the report you will find key data on supply and demand, vacancy levels, the largest transactions and trends in rents and service charges. The report also presents forecasts and outlook for the market in 2025-2026.
Office market in regional cities – 2024
Report summary
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 m².
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.
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.
Key data
6,78 mln m²
Total Office Supply
123 800 m² (–56% r/r)
New Supply
203 400 m² (–41% r/r)
Space Under Construction
714 000 m² (–4% r/r)
Total Demand (take-up)
87 600 m² (–9% r/r)
Net Absorption
17,8% (+30 pb r/r)
Vacancy Rate