What truly drove the resurgence of the office real estate market in 2024? Was it merely a rebound after challenging years, or did the industry uncover innovative paths for growth? Our latest report delves into these questions, summarizing a dynamic year of change and opportunity.

What’s Driving Poland’s Office Market?

Let’s highlight a few key facts that illuminate the current market landscape:

• Supply and Construction: The total office space across Poland’s seven major markets exceeded 14.7 million m². Meanwhile, over 500,000 m² is still under construction, showcasing the sustained activity of developers.
• Vacancy Rates: A drop to 12.65%—the lowest in a year—signals growing tenant interest.
• Rents and Costs: Moderate rental growth, especially in Class B buildings, combined with stable operating costs, reflects the market’s responsiveness to evolving needs.
• REDD Index: By year-end, the index reached 485 days, indicating heightened market activity, particularly in the final months of 2024.

Why Download the Report?

Our report provides not only a detailed analysis of these indicators but also expert commentary that reveals the stories behind the numbers. Do you know, for example, which ESG trends are reshaping office design and usage? Or which investment decisions will be critical in light of a potential supply gap?

Insights are provided by:

• Paweł Toński, PINK
• Dorota Mogielnicka, Carbostone
• Agnieszka Ciupak, GTC
• Marek Ciunowicz, Corees Polska
• Karol Wyka, Newmark Polska
• Robert Pastuszka, Avison Young

As always, our Research Team, led by Krzysztof Foks (Head of Research at REDD), has meticulously analyzed the data.

Look Ahead to the Market’s Future

Our report not only reviews the past year but also paints a picture of what lies ahead. Learn why market stability encourages bolder decisions and how shifting tenant needs are influencing developer strategies. This is the knowledge that can help you better prepare for upcoming challenges.

Download the report now and discover how data can drive your business decisions.