Insights

Right-bank districts are steadily gaining in importance – Praga North and Praga South are no longer seen as alternatives but a conscious choice for companies seeking office space. Lower rents, a strong sense of place and access to a local labour market are what tenants can expect there, says Joanna Andryszczyk, Associate Director, Office Department, Newmark Polska.

Hybrid work, new safety requirements and shelter regulations are changing the rules for designing public sector offices. At the same time, the pool of buildings capable of accommodating all these requirements is shrinking rapidly. As a result, public institutions must plan relocations two or three years in advance, according to Marcin Kowal, Associate Director in the Office Department of Newmark Polska.

Despite slower growth in new office supply in southern Poland, demand is on the rise. Kraków and Wrocław are solidifying their leading positions, while Katowice is consistently building its brand. Together, they make up a region that continues to attract international business, says Tomasz Chojnacki, Regional Director, Office Department, Newmark Polska.

The public sector is emerging as an increasingly important player in the office leasing market. Over the past five years, public institutions have leased more than 400,000 sqm of office space in Poland’s key markets, primarily in Warsaw.

Office buildings with coworking and serviced offices are more likely to attract tenants. Flexible workspaces are used by corporations, small companies and start-ups alike.