Office & mixed-use development
Poland’s regional city office markets remained broadly stable in the third quarter of 2025, though new supply continued to be tightly constrained. Developers remain cautious, while tenants are focused on lease renegotiations and optimising their office footprints, according to 'Review: Office Market. Regional Cities,' the latest report from BNP Paribas Real Estate Poland.
Office & mixed-use development
Pharmaceuticals producer Sanofi Romania is to relocate its head office to Equilibrium 2, a building developed by Skanska in Bucharest. The tenant is to occupy the 9th floor of the building from June 2026.
Office & mixed-use development
Futureal Investment Partners has leased an entire building in the Lipowy Park complex to the Police. The new Police Headquarters will have an area of around 10,000 sqm with the transaction being the largest relocation in the Warsaw office market in 2025.
Office & mixed-use development
The first stage of the refurbishment of the CityZen office building in Budapest has been completed. All three reception areas have been fully redesigned. Additionally, data centre services provider Etalon-Informatika has signed a lease for 700 sqm and will move in in 2026.
Office & mixed-use development
Engineering consultancy Lafrentz Polska Group has signed a lease with GTC for 1,600 sqm in the Pixel building in Poznań and will relocate its headquarters next year.
Office & mixed-use development
Sports channel Kanał Sportowy and Zdrofit fitness club are extending their leases for space in the Konstruktorska Business Center office building in Warsaw. Kanał Sportowy is to continue to occupy over 500 sqm, and Zdrofit will occupy 1,000 sqm.
Office & mixed-use development
CA Immo has leased the last remaining offices in the One building in Frankfurt to law firm Kallan Rechtsanwaltsgesellschaft and TMF Deutschland, who now occupy 800 sqm and 830 sqm respectively.
Office & mixed-use development
Aon has extended its lease agreement for office space in Warsaw's Skyliner for another five years. The company first moved into the building owned by Karimpol Polska at the end of 2022 with a lease of 1,500 sqm.
Office & mixed-use development
Investment in the office market is accelerating with EUR 474 mln in deals signed over Q3, according to the latest figures from Cushman & Wakefield. The total volume is projected to reach as much as EUR 1.4 billion by the end of the year.
Office & mixed-use development
Cavatina Holding has signed a lease with insurance company Warta for nearly 8,600 sqm in the Grundmanna Office Park complex in Katowice.
Office & mixed-use development
In Q3 2025, the Warsaw office market saw stable tenant activity with new contracts, including pre-leases, making up a growing proportion of the take-up, states Newmark Polska in its 'Office Occupier – Office Market in Warsaw' report. The limited supply of new space has led to the vacancy rate falling to below 10 pct.
Office & mixed-use development
The supply of modern office space in Poland's eight largest regional cities reached 6.73 mln sqm. Although the market is showing signs of stabilisation, it is experiencing a significant slowdown in new supply, state Colliers in the latest 'Market in Minutes – Office market in regional cities Q3 2025' report.
Office & mixed-use development
Construction of the AFI Tower has begun. The 40-storey building will provide over 50,000 sqm of office space. Completion of the 150m skyscraper is scheduled for the second half of 2028.
Office & mixed-use development
Strabag subsidiary Züblin, in partnership with ROM Technik is to construct the first phase of the IPAI Campus in Heilbronn. The IPAI Campus is to be an innovation park for artificial intelligence.
Office & mixed-use development
Fortress Logistics Real Estate has entered the Metropolitan Warsaw building on pl. Piłsudskiego.
Office & mixed-use development
Civil aviation maintenance provider Lufthansa Technik has signed an 850 sqm lease for office space in the Infinity building in Wrocław.
Office & mixed-use development
Available office space is rapidly declining according to the latest figures from Cushman & Wakefield. The vacancy rate in Warsaw fell to just 9.7 pct, while in the central zone it reached 6.9 pct. Combined with limited new supply and stable demand, this is resulting in increasing upward pressure on rents in the city centre.
Office & mixed-use development
At the end of Q3 2025, the vacancy rate in Warsaw declined to around 9.7 pct. Leasing activity continued to be concentrated in central locations and in modernised buildings. New supply remains limited and is heavily concentrated in the city centre. Prime rents remain stable, with slight upward pressure, states Axi Immo in its latest report
Office & mixed-use development
October marks the peak period of the office real estate market, according to Colliers. Data from the last decade clearly indicates that almost one-third of all office transactions are signed in the fourth quarter.
Office & mixed-use development
The Budapest Research Forum (BRF), comprising CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary, has published its Q3 2025 office market summary.
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