After 2015's record-breaking performance, when demand totalled 64,900 sqm, 2016 closed with a very good result – office lease agreements for 64,100 sqm were signed in Poznań. An interesting trend in 2016 was the increased share of pre-let agreements in overall demand - much higher than in previous years. Also, more companies have decided to expand their office space, illustrating how buoyant the market is. JLL summarised 2016 on Poznań's office market.
“Poznań, with 427,800 sqm of modern office stock, is the sixth biggest office market in Poznań – after Warsaw, Kraków, Wrocław, Tri-City and Katowice. In 2016, supply grew by 41,100 sqm and a further 40,700 sqm remains under construction. Furthermore, approx. 22,500 sqm will be delivered to market this year with the majority of space already secured with pre-let agreements”, explains Łukasz Dziedzic, Consultant, Research and Consulting, JLL.
In 2016, the vacancy rate dropped to 13.6%. As a result of the growing demand for new office space, the vacancy rate in Poznań was at a level comparable with other major markets in Poland.
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