The Polish Commercial Real Estate Chamber (PINK) has released data on the office space market across eight major regional markets in Poland (Kraków, Wrocław, Tricity, Katowice, Poznań, Łódź, Lublin, Szczecin) for the second quarter of 2025. The information comes from commercial real estate advisory firms active in Poland (Avison Young, Axi Immo, BNP Paribas Real Estate Poland, CBRE, Colliers, Cushman & Wakefield, JLL, Knight Frank, Newmark, Savills). The summary covers existing modern office stock, new buildings completed, leasing transaction volumes, and vacancy levels.
At the end of Q2 2025, total modern office stock across the eight key regional markets amounted to approximately 6,747,000 square meters. The largest office markets in Poland after Warsaw remained Kraków (1,834,700 sqm), Wrocław (1,355,100 sqm), and the Tricity area (1,067,000 sqm).
No new office buildings of at least 1,000 sqm designated for commercial lease were completed in the second quarter of 2025.
As of the end of June 2025, about 1,179,200 sqm of office space was available for immediate lease on the eight regional markets, corresponding to a vacancy rate of 17.5%. This figure remained unchanged compared to the previous quarter but reflected a slight decrease of 0.2 percentage points versus Q2 2024. The highest vacancy rate was recorded in Katowice at 22.7%, while the lowest was in Szczecin at 7.3%.
The total leasing transaction volume registered in Q2 2025 reached 217,400 sqm, representing a 28% increase compared to the previous quarter and a 51% increase compared to Q2 2024. The largest leasing volumes were in Kraków (122,600 sqm), Wrocław (36,900 sqm), and Tricity (27,000 sqm).
Renewals of existing lease agreements dominated the transaction volume in Q2 2025, accounting for 65% of total activity. New leases (including pre-lease agreements) constituted 30%, expansions 4%, and owner-occupied space 1% of total tenant activity.
Among the largest deals in Q2 2025 were lease renewals in Kraków, including Shell extending in the DOT Office complex (22,900 sqm), Motorola Solutions in the Green Office complex (17,100 sqm), and Aptiv in the Enterprise Park A building (14,300 sqm).
