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Articles - warsaw office market

Warsaw Office Market in the First Half of 2024: Stabilization and New Trends in Investment

In the first half of 2024, development activity in Warsaw returned to pre-pandemic levels, according to Axi Immo's analysis. At the end of June, 280 thousand sqm. of new office space was under construction. At that time, more than 60,000 sqm had been completed in the capital, and by the end of the year this figure is forecast to rise to around 110,000 sqm.

Stabilization in the Warsaw Office Market: Sustainable Growth and Lease Renegotiations in the First Half of 2024.

Warsaw's office market is showing signs of stabilization, according to the report "Office Occupier - Office Market in Warsaw, 1st Half 2024" prepared by Newmark Poland. Developer activity remains steady, and the vacancy rate in Q2 2024 fell only slightly compared to the earlier period. Growing tenant interest in sustainable and technologically advanced offices is driving an increase in the modernization of older buildings and changing their functions.
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