The Polish Chamber of Commercial Real Estate (PINK) has published data on the office space market across eight key regional cities in Poland—Kraków, Wrocław, Tricity, Katowice, Poznań, Łódź, Lublin, and Szczecin—for the third quarter of 2025.
As of the end of September, the total stock of modern office space in these regional markets amounted to 6,732,400 square meters. Among the largest transactions recorded during the quarter were:
- the purchase of the Brama Miasta II office building (14,200 sqm) in Łódź by the Łódź Regional Government for its own use,
- the lease renewal and expansion by Rockwool for a total of 9,700 sqm in the Nowy Rynek complex in Poznań,
- and the lease renewal by GlobalLogic for 6,500 sqm in the Bonarka for Business complex in Kraków.
The data is based on input from leading commercial real estate advisory firms—Avison Young, Axi Immo, BNP Paribas Real Estate, CBRE, Colliers, Cushman & Wakefield, JLL, Knight Frank, Newmark, and Savills—and covers existing office stock, newly completed projects, leasing volumes, and vacancy levels.
Major Regional Markets
At the end of Q3 2025, the largest regional office markets in Poland (excluding Warsaw) remained:
- Kraków – 1,846,700 sqm
- Wrocław – 1,344,200 sqm
- Tricity – 1,067,000 sqm
Between July and September, three new office buildings with a combined leasable area of 15,600 sqm were delivered to the market.
Vacancy and Leasing Activity
Across the eight main regional cities, approximately 1,192,300 sqm of office space was immediately available for lease, representing a vacancy rate of 17.7%—an increase of 0.2 percentage points quarter-on-quarter and 0.4 percentage points year-on-year. The highest vacancy rate was recorded in Katowice (23.4%), while the lowest was observed in Szczecin (6.8%).
The total leasing volume registered in the third quarter reached 134,400 sqm, marking a decline of 38% quarter-on-quarter and 36% year-on-year. The highest levels of leasing activity were noted in:
- Kraków – 31,900 sqm
- Wrocław – 26,600 sqm
- Łódź – 23,300 sqm
Structure of Lease Transactions
In Q3 2025, lease renewals accounted for the largest share of total transaction volume at 42%. New leases followed closely at 41%, while owner-occupier transactions represented 12%, and expansions made up 5% of total market activity.
Source: ceo.com.pl – Regional Office Market in Poland, Q3 2025: PINK Data
