Kraków office market hits record demand in 2025

06
Feb
2026
News - Kraków office market hits record demand in 2025 #Krakow #Leasing #Marcin Gawlik #Office #Poland #Real Estate #Savills

by Property Forum | Office

Kraków's modern office space reached 1.84 million sqm by the end of 2025, confirming the city's position as Poland's most important regional market, according to a report by Savills. The city centre remains the largest area with nearly 437,000 sqm, representing almost a quarter of total supply. The south-eastern (22%) and south-western (21%) zones also hold significant market shares.


New supply in 2025 was limited, appearing only in the third quarter when 11,900 sqm of office space was delivered. Despite low completion numbers, this was the highest result among regional cities. At year-end, 55,400 sqm remained under construction, mainly in the south-western zone and city centre. The largest projects under development are Tischnera Green Park (24,000 sqm) and the Wita complex (18,900 sqm), scheduled for completion in 2026.

"Kraków's office market is experiencing clear imbalance between demand and supply. We observe record tenant activity alongside very limited new projects under construction," said Marcin Gawlik, Associate at Savills Polska. "This structure will support further absorption of available space in coming quarters, but will increase pressure on prime locations, especially in the city centre."

Total leasing volume in 2025 reached 269,500 sqm, the highest result in Kraków's office market history. Renegotiations were the key element, accounting for 63% of all transactions. New leases represented 28%, while expansions and pre-lets had limited significance. The south-western zone showed the highest tenant activity, accounting for one-third of total leasing volume.

The vacancy rate in Kraków reached 18.4% at the end of 2025, down 60 basis points year-on-year. However, availability varies significantly - in the city centre it stands at just 6.3%, while in northern zones it exceeds 20%. Over 80% of vacant space is located in buildings completed before 2020. Class A rents range between €14-18 per sqm per month, with the best projects recording increases of approximately €1 over the past year.




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New leases

  • Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
  • Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
  • Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


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