Office markets outside Warsaw achieved record gross leasing volume of 773,000 sqm in 2025, despite developers delivering the lowest new supply in two decades. The dominance of lease renewals signals tenants' preference to stay in current locations rather than relocate.
Q4 saw a notable rebound with demand reaching nearly 250,000 sqm, representing an 84% increase quarter-on-quarter and 13% year-on-year rise. Wrocław led transaction activity with 30% of total volume, followed by Kraków (26%) and the Tri-City (17%).
"This clearly indicates tenants' preference to remain in their current locations rather than relocate, which directly impacts the number of new projects being delivered across regional markets," says Małgorzata Fibakiewicz, Senior Director of Office Agency at BNP Paribas Real Estate Poland.
The largest Q4 transaction was Align Technology's 12,600 sqm lease renewal at Wrocławski Park Biznesu Bierutowska in Wrocław. Other significant deals included a confidential tenant securing 12,200 sqm at Olivia Star in Gdańsk, and new leases in Katowice totalling 18,400 sqm across .KTW complex and Grundmanna Office Park A.
Developers delivered only five new buildings totalling 20,500 sqm in 2025, an 83% year-on-year decline. New completions included Stella Office in Kraków, projects in Poznań, and Zelwerowicza Office in Lublin. Vacancy rates fell to 16.9% across eight major regional markets, with asking rents ranging between €11.5 and €20.0 per sqm monthly.
