Leasing volume in Polish regional cities declines

17
Oct
2025
News - Leasing volume in Polish regional cities declines #Katowice #Krakow #Lease Transactions #Lodz #Lublin #Office #PINK #Poland #Poznan #Szczecin #Tri-City #Vacancy Rate #Wroclaw

by Property Forum | Office

The Polish Commercial Real Estate Association (PINK) published data on office space markets in eight major regional cities in Poland (Krakow, Wroclaw, Tri-City, Katowice, Poznan, Lodz, Lublin, Szczecin) for the third quarter of 2025. By the end of September, total modern office space resources in the eight regional markets reached 6,732,400 sqm.


The largest transactions during this period included the acquisition of the Brama Miasta II office building (14,200 sqm) in Lodz by the Lodz Voivodeship Government for its own needs, Rockwool's lease extension and expansion covering 9,700 sqm in the Nowy Rynek complex in Poznan, and Globallogic's lease renewal for 6,500 sqm in Krakow's Bonarka for Business complex.

At the end of the third quarter of 2025, the largest office markets in Poland (after Warsaw) remained Krakow (1,846,700 sqm), Wroclaw (1,344,200 sqm) and Tri-City (1,067,000 sqm). From July to the end of September, three office buildings for commercial lease with a total area of 15,600 sqm were put into use.

Approximately 1,192,300 sqm of office space was available for immediate lease in the eight regional markets, corresponding to a vacancy rate of 17.7% (an increase of 0.2 percentage points compared to the second quarter of 2025 and 0.4 percentage points compared to the same period in 2024). The highest vacancy rate was recorded in Katowice at 23.4%, while the lowest was in Szczecin at 6.8%.

The total volume of lease transactions registered in the third quarter of 2025 was 134,400 sqm, representing a decline both quarterly (-38%) and annually (-36%). The most office space was leased in Krakow (31,900 sqm), Wroclaw (26,600 sqm) and Lodz (23,300 sqm). Lease renewals accounted for the largest share of transaction volume at 42%, while new contracts represented 41%.




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New leases

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


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