Warsaw faces a declining supply of new office space
According to “Office Occupier – Warsaw Office Market”, a report published by real estate advisory firm Newmark Polska, the third quarter of 2025 saw steady tenant activity in the Warsaw office market, driven by a rising share of new leases, including pre-lets. At the same time, the limited development pipeline, coupled with the withdrawal of obsolete and inefficient buildings from the existing stock, pushed the vacancy rate in the city below 10%.