The observed decline in the supply of new office buildings is resulting in rising rents in the most attractive locations. According to Business Insider, the number of completed office investments has significantly decreased, forcing companies to make quicker rental decisions to secure the best spaces. CBRE experts predict that 2025 will be better in terms of transaction volume; however, the limited supply of modern offices may lead to further increases in rental rates.
Green offices and flexible spaces as the new standard
Issues related to ecology and energy efficiency are becoming key factors in the process of selecting office space. More and more companies are opting for offices that meet sustainability standards, increasing interest in buildings with environmental certifications. According to Savills analysts, the growing popularity of hybrid work is driving companies to seek flexible office solutions. Modular interior layouts and the ability to reorganize workstations are becoming the standard, allowing for cost optimization and improved work comfort.
Revitalization of older office buildings and their new functions
The growing demand for modern spaces is causing older office buildings to lose their attractiveness. Property owners are increasingly deciding to modernize their buildings or change their function. According to CBRE experts, a popular solution is converting older office buildings into hotels, rental apartments, or mixed-use spaces that combine office, commercial, and residential functions. This trend allows for better use of available infrastructure and increased investment profitability.
Forecasts for the office market in 2025
Experts predict that in 2025, the demand for modern offices will continue to grow, which, given the limited supply, may lead to further increases in rental rates. Savills analysts indicate that tenants will seek spaces offering both high technological standards and the ability to adapt to dynamically changing working conditions. Developers will need to focus on projects that meet the highest environmental standards and allow for flexible space management to meet new market requirements.
The office market in 2025 in light of changes
The year 2025 will bring significant challenges and new opportunities for the office market. Key trends such as rising rents, a limited supply of modern offices, the development of sustainable solutions, and flexibility in real estate management will have a decisive impact on the strategies of developers and tenants. Both companies and property owners must adapt to new realities to effectively operate in a dynamically changing business environment.
Sources
CBRE: "What Will 2025 Bring for the Commercial Real Estate Sector?"
Business Insider Poland: "The Office Market in Poland – 2025 Analysis"
Savills: "Trends in the Office Market in 2025"