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. However, due to their specific nature, state institutions are not typical tenants. As a result, finding the right space and negotiating lease terms can sometimes be a time-consuming and complicated process, according to Marcin Kowal, Associate Director, Office Department, Newmark Polska.

According to a report published by Newmark Polska, during the first quarter of 2025, Poland’s regional city office markets (Kraków, Wrocław, Tricity, Katowice, Poznań, Łódź, Lublin, Szczecin) saw stable occupier demand, with lease regearing prevailing amid growing expansion activity. Office availability remained at a significant level. Limited construction activity concentrated in three cities – Kraków, Poznań and Wrocław – which accounted for 68% of the total development pipeline.

Karimpol International is building Vydrovka Office Center in Pobřežní Street in Karlín in Prague 8, with the project name referring to the first half of the 20th century, when a retail company Vydra & Bohuslav used to have its factory and a warehouse on the site.

Terra Romania Utilaje de Construcții, part of Austrian construction equipment distributor Terra Holding, has opened its new HQ in Brașov, following an investment of  €2.7 million.

NEMO Fund has acquired the Panorama Business Center office building, which is located next to the National Museum in Prague.

Vastint Romania has officially launched the second phase of Timpuri Noi Square, its flagship urban regeneration project in Bucharest.

IAD IRF, a sub-fund of IAD Investments Fund, has signed a lease agreement with Kooperativa poisťovňa, a.s. Vienna Insurance Group and its subsidiaries for the office space in the Twin City C building in Bratislava. 

In Q1 2025, the total modern office stock in Poland’s regional markets reached approximately 6.77 million sqm. During this period, new supply was limited, with only one office project completed - Dymka 188 in Poznań, offering 2,400 sqm of space, says Avison Young. 

Romanian entrepreneur Daniel Ștefănescu, owner of mobile phone distributor Gersim, has purchased the IPA office building in northern Bucharest from a group of investors.

The Czech headquarters of the American Citi are soon moving to Nova Waltrovka in Prague. The bank will occupy new premises in the Metalica building from Penta Real Estate.