Tricity remains one of the most active and mature regional office markets in Poland. In the first quarter of 2026, the market stood out for very strong demand combined with limited new supply, which led to a further decline in vacancy rates to one of the lowest levels among Poland’s largest regional cities.
At the end of the first quarter of 2026, total office stock in Tricity amounted to 1.07 million sqm. Gdańsk remains the largest market, accounting for around 75% of the region’s total office space.
Limited new supply strengthens the Tricity office market
Development activity in Tricity remains very limited. In the first quarter of 2026, only one office building was delivered — Punkt, with an area of nearly 13,000 sqm. It was also the first project completed in the region in six quarters.
The scale of ongoing projects remains small. Currently, only around 17,600 sqm of office space is under construction across three projects. Limited new office supply in Tricity, combined with continued strong demand, is expected to support a further reduction in available space in the coming quarters.
“Tricity remains one of the most stable regional markets in Poland. Very limited development activity, combined with sustained demand, will support a further decline in vacancy rates and strengthen the position of owners of the best projects,” commented Dorota Lachowska, Head of Research at Knight Frank.
Tricity leads demand among regional markets
In the first quarter of 2026, Tricity accounted for 41% of the total leasing volume recorded in Poland’s regional office markets. Around 49,500 sqm of space was leased in total, representing an increase of 19% compared with the previous quarter and as much as 88% year on year.
The demand structure shifted clearly towards new leases, which accounted for nearly 53% of total leasing volume. At the same time, the share of renegotiations declined, after having dominated the transaction structure in previous years. The share of expansions also remains a positive signal, indicating growth among some tenants already present on the market.
The greatest activity was recorded among companies from the manufacturing and IT sectors. However, the demand structure remained highly diversified, confirming the broad base of potential tenants operating in the region.
“Companies are increasingly looking at offices not only through the lens of costs, but also in terms of access to talent, the quality of the surrounding environment and opportunities for further growth. Tricity is currently responding very well to these needs,” added Joanna Gomułkiewicz, Associate Director at Knight Frank.
Vacancy rates in Tricity among the lowest in Poland
The vacancy rate in Tricity continued its downward trend and stood at 10.8% at the end of the first quarter of 2026. This represents a decrease of 1.1 percentage points compared with the previous quarter and 1.8 percentage points year on year.
The vacancy level remains one of the lowest among Poland’s main regional markets, surpassed only by smaller markets such as Szczecin and Lublin.
Stable demand and limited new supply should support the vacancy rate remaining at a relatively low level in the coming quarters as well.
Office rents in Tricity remain stable
In the first quarter of 2026, asking rents in Tricity remained stable and most commonly ranged from EUR 11 to EUR 16 per sqm per month. In the best projects and newly developed buildings, however, rates may exceed the upper end of this range.
Service charges also remained stable, usually ranging from PLN 18 to PLN 31 per sqm per month.
