The Bucharest office market is showing early signs of recovery, driven by a visible increase in pre-lease transactions, highlighting renewed occupier appetite for future office spaces. As tenants secure their leases well in advance, the current development pipeline exceeding 215,600 sqm, the highest level in recent years, is expected to be gradually absorbed, according to data from Cushman & Wakefield Echinox.

The Łódź region continues to strengthen its position as one of Poland's most important logistics hubs, with tenant demand having reached 1.17 million sqm (+17% y/y) during 2025, marking the second-highest result nationwide, according to a report by Axi Immo.

The office vacancy rate in Prague dropped to 5.9% in Q4 2025, the lowest level since the beginning of 2020, according to the Prague Research Forum. Despite limited new supply of just 26,600 sqm in 2025, gross take-up reached 573,200 sqm, standing 8% above the five-year average.

Poland's industrial and logistics sector remained one of the most stable segments of the commercial real estate market at the end of 2025. Despite a clear slowdown in new supply, tenant activity remained high, while key market indicators such as vacancy rates and rental levels remained stable. Axi Immo analysts point out that the market has entered a phase of equilibrium, where decisions are made more cautiously but are driven by companies' operational needs.

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.