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In the second quarter of 2026, regional office markets saw a distinct rebound in tenant activity. Across Poland's eight largest cities - excluding Warsaw - 187.5 thousand sqm were leased, representing a 56.5% increase over the previous quarter. Simultaneously, very limited new supply and the persisting "flight to quality" trend are strengthening the competitive edge of modern, well-connected, and energy-efficient buildings.

According to BNP Paribas Real Estate Poland’s Review: Warsaw Office Market, Q2 2026 report, office leasing activity in Warsaw reached its highest level in seven years during the first half of 2026. At the same time, only one new office building was delivered to the market, while the stock of available office space continued to shrink.

Poland's retail real estate market recorded a marked recovery in new supply in Q2 2026, expanding by 134,500 sqm. According to BNP Paribas Real Estate Poland, retail parks remain the key driver of market growth, accounting for the largest share of both newly completed space and projects currently under construction.

The Polish commercial real estate market has gained significant momentum. In the first half of 2026, total investment volume reached €3.03 billion, making it one of the strongest half-year performances recorded over the past decade. According to BNP Paribas Real Estate Poland, investors are being drawn by the country's strong economic outlook and the long-awaited stabilization of pricing for prime assets.