Poland Tenant activity on the rise
Office & mixed-use developmentschedule 25 March 2025
Tenant activity was surprisingly strong in 2024, says Emilia Trofimiuk, research manager, Research Department, Axi Immo
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Kraków remains the leading regional office market, boasting the highest level of new supply under construction and record-breaking take-up, which rose by as much as 33 pct year-on-year in 2024, according to Axi Immo's report “Office market in Kraków 2024.”
Kraków continues to strengthen its position as the leading regional market in Poland. At the end of 2024, the total modern office stock in the city reached 1.83 mln sqm – the largest supply outside Warsaw. Despite a relatively high vacancy rate of 19 pct (around 350,000 sqm of immediately available space), Kraków currently has the highest volume of new office space under construction among all regional cities. In 2024, developers delivered over 20,000 sqm across three projects, the largest b
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