Warsaw Strengthens Its Position in the European Serviced Office Market

 

Warsaw, as one of the key business hubs in Europe, is playing an increasingly significant role in the development of flexible office spaces. In 2024, operators of flexible offices in the capital leased 28,600 m² across 16 locations, representing almost a 70% year-over-year increase. By the end of the year, Warsaw boasted 205,000 m² of coworking space, translating to approximately 25,000 workstations. In 2025, the offering will expand by an additional 6,000 m², confirming the growing popularity of this work model.

 

Corporations Opt for Serviced Offices

 

Not long ago, flexible offices were primarily associated with solutions for startups and freelancers. Today, medium and large enterprises are increasingly using them, appreciating the ability to quickly reconfigure spaces in response to dynamic business needs. Companies in the IT, finance, media, logistics, and cybersecurity sectors are eager to invest in flexible offices, which allow for easy team scaling and the creation of creative work environments.

 

Service Standards as a Key Selection Factor

 

Tenants are paying increasing attention to service standards and the quality of offered spaces. Premium offices that provide comfortable working conditions attract clients looking for both functionality and a prestigious corporate image. Operators focusing on top-tier service quality and modern amenities gain a competitive edge and improve occupancy rates.

 

A New Wave of Operators and the Growing Importance of ESG

 

Experts from Workthere Savills predict that 2025 will bring intensified competition among flexible office operators. New players such as Industrious and Cubo are expanding their presence in Europe. At the same time, ESG (Environmental, Social, and Governance) principles are becoming increasingly important, promoting sustainable development. Companies are more frequently choosing office spaces with high energy efficiency and employee-friendly environments, directly impacting satisfaction and productivity.

 

The emergence of new players such as The Shire – Beyond Coworking and Ace of Space highlights the growing potential of this segment. Notably, Ace of Space – an operator owned by Globalworth – brings unique expertise to the market, leveraging the synergy between the operator and the property owner. Globalworth manages a portfolio of properties in Poland’s largest cities, offering nearly 580,000 m² of leased space. With this experience, the company excels in designing and delivering modern office spaces that combine strategic locations, high service quality, and cutting-edge technological solutions.

 

Collaboration Through Management Agreements

 

The flexible office market is seeing an increasing number of management agreements, which allow operators to maintain flexibility and reduce capital involvement. Property owners, initially skeptical about this model, are beginning to recognize its benefits—allowing for better alignment with tenants' evolving needs and increasing revenues.

 

Warsaw: A Leader in Innovative Solutions

 

All these changes reinforce Warsaw’s position as a leader in modern real estate solutions. The dynamic growth of the flex market, the increasing popularity of serviced offices among corporations, and the focus on high ESG standards are defining the future of flexible office spaces in Poland. The year 2025 is shaping up to be another milestone for this segment, both in terms of available space and the quality of services offered.

 

source: savills.pl/wiadomosci-i-raporty/