Offices surprising everyone

It was mainly because of exceptional demand from tenants and strong demand from investors. With the office supply levels hitting 7.5 mln sqm across Poland, we are still lagging far behind such cities as Vienna. But the Polish office market gets more mature with every year and so it now starts to face new challenges, the growing demand from tenants being one of them. Last year their skyrocketing interest turned to be the biggest surprise as it contributed to breaking new records. Now everyone keeps their fingers crossed for the tenants’ appetite for offices to remain robust. However, the market gets increasingly crowded and in order to catch their eye you now need to offer your tenants the right product. The price and additional profits still matter. But since it is hard to go below a certain price level, developers start using the quality of the space offered to compete with each other. As a result, we are now witnessing their aggressive battle in that m