According to the latest Savills report, Market in Minutes – Office Market in Regional Cities Q3 2025, the total stock of modern office space across Poland’s eight largest regional markets has reached 6.73 million sq m. While the market shows signs of stabilisation, new supply has slowed significantly. Between January and September, only 18,000 sq m of office space was delivered — 76% less than during the same period in 2024.
Developer activity also remains subdued. Around 192,000 sq m is currently under construction, down 11% year-on-year and well below the 2020–2024 average of over 520,000 sq m. The highest development volumes are in Kraków (55,400 sq m) and Poznań (49,600 sq m).
Total leasing volume from January to the end of September amounted to 521,800 sq m — a 6% increase versus the same period last year. The most active markets were Kraków (203,900 sq m), Wrocław (107,400 sq m) and the Tricity (71,700 sq m). Demand structure analysis shows that the IT sector generated the largest share — 20% — accounting for 105,000 sq m of leased space. Business services centres and manufacturing companies each represented 16% of demand.
Despite strong occupier activity, vacancy rates are rising, currently averaging 17.7% — up 40 bps year-on-year. The lowest vacancy levels are recorded in Szczecin (6.8%) and Lublin (10.3%), while the highest are in Wrocław (21.8%) and Katowice (23.4%).
“Regional office markets are currently adapting to the new economic reality. The sustained demand for lease renegotiations indicates that tenants are seeking to optimise their occupation strategies while maintaining flexibility,” comments Jarosław Pilch, Head of Tenant Representation at Savills.
Lease renewals account for the majority of demand (54% of transactions), while new leases — including owner-occupier deals — represent 38%. Pre-lets make up just 2% of activity, with expansions accounting for the remaining 6%.
“The market’s momentum largely depends on macroeconomic stability and the availability of investment financing. Over the next two years, we expect developer activity to remain at levels similar to today,” says Daniel Czarnecki, Head of Landlord Representation at Savills.
Prime rents for Class A offices remain relatively stable, ranging from EUR 11.50 to 17.00 per sq m per month. The highest rates — EUR 17 — are seen in Poznań and Kraków, while the lowest — EUR 14.50 — are observed in Lublin. Average service charges currently fall between PLN 20–35 per sq m per month.
