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.




Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


Latest news

News - Polish office market grapples with increasing fit-out costs
17
Apr
2026

Polish office market grapples with increasing fit-out costs

by Property Forum
The Polish office market is entering a new phase where fit-out costs are rising while move-in-ready space becomes scarce, according to an Axi Immo analysis.
Read more >
News - Hungary on the map again: Join our free webinar
16
Apr
2026

Hungary on the map again: Join our free webinar

by Property Forum
Hungary's parliamentary election on 12 April 2026 has placed the country firmly back in the conversation for international real estate investors. The end of the Orbán era — and the prospect of renewed EU relations, unlocked cohesion funds, and a more stable regulatory environment — makes this a moment worth examining closely. Join Property Forum for a free, expert-led webinar on April 29th to assess what the new political landscape means for real estate investors, occupiers, and developers active in or considering Hungary.
Read more >
News - Czech industrial market hits demand-lease balance for first time in years
16
Apr
2026

Czech industrial market hits demand-lease balance for first time in years

by Property Forum
In 2025, indicative demand for industrial and logistics space in the Czech Republic almost matched the volume of lease agreements actually signed for the first time in several years, according to Cushman & Wakefield.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy