REVIEW Office Warsaw Q1 2025
In the Warsaw office market, tenants remain active and continue to seek offices in central locations despite the decreasing volume of newly delivered space.
In the Warsaw office market, tenants remain active and continue to seek offices in central locations despite the decreasing volume of newly delivered space.
According to At a Glance. Modern Retail Market in Poland, Q1 2025, the latest report, retail development activity continues unabated. A total of 42,000 sqm was added to the Polish market in the first quarter, with this year’s new supply expected to surpass 400,000 sqm – approaching last year’s record volume.
Report shows market dynamics, demand-supply imbalances, and future growth projections,
providing a strategic overview of why now is the time to invest in these rapidly expanding sectors.
More than 2.6 million sqm of industrial and logistics space was delivered across Poland in 2024. While this was below the new supply levels recorded in previous years, the Polish market remains in good shape. Vacancy rates edged down, with development activity driven by demand coming from retail and 3PL, according to BNP Paribas Real Estate Poland’s latest report At a Glance. Industrial and Logistics Market Q4 2024.
According to BNP Paribas Real Estate Poland’s report At a Glance. Investment Market in Poland, Q4 2024, Poland’s commercial property market posted impressive gains in the final quarter of 2024, with last year’s total transaction volume rising more than twofold compared with 2023. Despite geopolitical risks, the market outlook remains positive.
Occupier demand in Poland’s regional city office markets rebounded in late 2024. However, subdued development activity and a low volume of new office deliveries have created a supply gap. Additionally, tenants are increasingly choosing to renegotiate their leases, says BNP Paribas Real Estate Poland in its report At a Glance. Regional City Office Markets Q4 2024.
In the fourth quarter of 2024, Warsaw’s office market continued to experience stable occupier demand amid constrained new supply, with tenants seeking to secure spaces in the city centre and expecting sustainable solutions, reveals “At a Glance: Warsaw Office Market, Q4 2024”, a report from BNP Paribas Real Estate Poland.
In the fourth quarter of 2024, Warsaw’s office market continued to experience stable occupier demand amid constrained new supply, with tenants seeking to secure spaces in the city centre and expecting sustainable solutions, reveals “At a Glance: Warsaw Office Market, Q4 2024”, a report from BNP Paribas Real Estate Poland.
According to the latest report “At a Glance: Modern Retail Market in Poland, Q4 2024” from BNP Paribas Real Estate Poland, Poland’s retail market experienced record growth in 2024, expanding at its fastest pace since 2015. This was driven by the strength of evolving retail parks. Another key report finding is the growth of the luxury goods market and the increasing practical use of AI in retail.
According to the latest report “At a Glance: Modern Retail Market in Poland, Q4 2024” from BNP Paribas Real Estate Poland, Poland’s retail market experienced record growth in 2024, expanding at its fastest pace since 2015. This was driven by the strength of evolving retail parks. Another key report finding is the growth of the luxury goods market and the increasing practical use of AI in retail.