Poland Warsaw office development slows down sharply

In Q3 2023, the total office stock in Warsaw was 6.2 mln sqm following the completion of S-Bridge Office, which delivered 1,900 sqm to the market. The combined new office supply for the first three quarters of 2023 amounted to 20,300 sqm, which came on stream through four projects and marked the lowest volume of new deliveries since records began. Cushman & Wakefield estimates that the development pipeline represents a potential 237,500 sqm of new office space, of which 47,300 sqm is scheduled