Poland Challenges and stabilisation
Office & mixed-use developmentschedule 24 September 2024
New supply closed in two projects: Brain Park C in the city centre and Roko Office Point in the south-east zone
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Savills has summarised H1 in the Kraków office market. Despite the challenges of rising vacancy rates and a significant drop in activity on the part of developers, Kraków's office market is showing signs of stabilisation and is looking ahead to further growth.
At the end of June, the total supply of modern office space in Kraków reached 1.82 mln sqm, making it the largest regional office market in Poland. 434,200 sqm of space (24 pct of the total supply) is located in the city centre, underlining the importance of this zone as a key office area. In H1, 14,400 sqm of modern office space was completed, down 65 pct year-on-year. New supply closed in two projects: Brain Park C in the city centre and Roko Office Point in the south-east zone. A positive si
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