Poland Rents remain stable, developers are cautious

At the end of the Q2 of 2024, the combined office stock of Poland’s nine largest markets amounted to nearly 13 mln sqm. Total new office supply hit approximately 125,000 sqm, most of which was delivered in Warsaw, Wrocław and Krakow. The pace of office deliveries slowed significantly in the last three years. Although a handful of office projects broke ground in this period, development activity remains subdued. For example, there is approximately 215,000 sqm of new office space under c