The Polish Chamber of Commercial Real Estate (PINK) has published data on the office market across Poland’s eight main regional cities — Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Lublin and Szczecin — for the first quarter of 2026. The information is based on data from advisory firms active in the commercial real estate market, including Avison Young, Axi Immo, BNP Paribas Real Estate Poland, CBRE, Colliers, Cushman & Wakefield, JLL, Knight Frank, Newmark and Savills. The summary covers existing modern office stock, newly completed buildings, leasing volumes and the amount of vacant space.
At the end of the first quarter of 2026, the total stock of modern office space across the eight main regional markets stood at 6,760,600 sq m. The largest office markets in Poland outside Warsaw remained Kraków, with 1,851,100 sq m, Wrocław with 1,361,800 sq m, and the Tri-City with 1,075,000 sq m.
In the first quarter of 2026, five office buildings with a combined area of 47,200 sq m were completed. For comparison, total new supply in the whole of 2025 amounted to just 20,500 sq m.
At the end of March 2026, around 1,178,300 sq m of office space was immediately available for lease across the eight main regional markets, corresponding to a vacancy rate of 17.4%. This was up by 0.5 percentage points compared with the previous quarter, but down by 0.1 percentage points compared with the same period in 2025. The highest vacancy rate was recorded in Katowice at 22.1%, while the lowest was in Szczecin at 7.9%. Vacancy rates in the other key markets were as follows: Kraków 18.4%, Wrocław 22.0%, Tri-City 10.8%, Łódź 19.6%, Poznań 13.8% and Lublin 10.5%.
The total office leasing volume recorded in the first quarter of 2026 reached 121,500 sq m, down 51% from the previous quarter and 30% lower than in the same period of 2025. The highest volume of leased office space was recorded in the Tri-City with 49,500 sq m, followed by Wrocław with 25,500 sq m and Kraków with 16,700 sq m.
In the first quarter of 2026, new lease agreements accounted for the largest share of transaction volume at 51%. Renegotiations represented 37%, expansions 11%, while space occupied for the building owners’ own use accounted for 1% of total tenant activity.
Among the largest transactions recorded in the first quarter of 2026 were the extension of a 13,000 sq m lease by a confidential business services tenant in two buildings of the Business Garden complex in Wrocław, as well as the extension of a 6,800 sq m lease by Adtran in Tensor Y in Gdynia.
The Polish Chamber of Commercial Real Estate brings together representatives of all sectors and services of the commercial real estate market within one organisation, enabling them to exert a real influence on the surrounding economic, political and social environment. PINK serves both as their representative body and as a platform for the exchange of experience, knowledge and cooperation. By working with other organisations, it promotes best practices in the commercial real estate market. Its members include developers, investors, asset managers and property managers, design firms and construction consultants, real estate advisory firms, as well as legal, tax and financial advisory companies.
