schedule 12 November 2024
Cushman & Wakefield has summarised the Q3 of 2024 on the largest office markets in Poland. Office take-up in key regional cities remained on par with the figures recorded in the same period in 2023, signifying stability on the office rental market.
Meanwhile, stagnation on the supply side, coupled with limited construction activity, is likely to push vacancy rates down in the future. Slower supply growth as the office development pipeline shrinks by 75 pct. At the end of the Q3 of 2024, the combined office stock of Poland’s nine largest markets exceeded 13 mln sqm.
Total new office supply in the year to date reached nearly 152,000 sqm, most of which was delivered in Warsaw, Wrocław and Kraków. However, the pace of office deliver
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