Poland’s retail sector continues to expand and attract investor interest. According to Review: Retail Market, a BNP Paribas Real Estate Poland report, new retail supply remained broadly stable in the third quarter of 2025 amid a robust development pipeline and sustained demand for retail parks.

Poland’s regional city office markets remained broadly stable in the third quarter of 2025, though new supply continued to be tightly constrained. According to Review: Office Market. Regional Cities, the latest report from BNP Paribas Real Estate Poland, developers remain cautious, while tenants are focused on lease renegotiations and optimising their office footprints.

BNP Paribas. Monthly market report Economic and Sector Research (September 2025). 

In September, the sentiment on financial markets was greatly influenced by the Federal Reserve's interest rate cut. The easing of monetary policy in the US strongly supported the stock market there, and the S&P 500 index set new historical records. The Fed's move also contributed to the increasing old prices, which rose by about 10% this month.

BNP Paribas. Poland - Economic Outlook Wheels in motion (September 2025)

In the second quarter of 2025, Gross Domestic Product rose by 0.8% q/q and 3.4% y/y. Household consumption was the main driver of economic growth during the spring,
increasing by 4.4% y/y.

In the second quarter of 2025, the total stock of modern industrial and logistics space in Poland exceeded 36 million sqm, marking a 7.5% increase compared to the same period last year.

Demand has strengthened, with total leased space in Q2 surpassing 217,000 sqm — a 28% quarterly and 49% annual rise.