The Polish Commercial Real Estate Chamber (PINK) published data on Warsaw's office rental market for Q3 2025. By the end of September 2025, modern office space resources in Warsaw exceeded 6.245 million sqm, with the capital's market adding one office project during the third quarter.
Data sources include advisory firms operating in the commercial real estate market (Avison Young, Axi Immo, BNP Paribas Real Estate, CBRE, Colliers, Cushman & Wakefield, JLL, Knight Frank, Newmark Polska, Savills), covering modern office space resources, new projects delivered, lease transaction volumes, and vacant space quantities.
In Q3 2025, the market received 3,500 sqm of modern office space through one project - Stoen Operator in the Mokotow zone. For comparison, Q2 2025 saw 79,600 sqm delivered through two projects - The Bridge and Office House, both located in the central part of the city near Daszynskiego roundabout.
By the end of September 2025, Warsaw's vacancy rate reached 9.7% (down 1.1 percentage points compared to the previous quarter and down 1 percentage point compared to the same period in 2024). Available office space totaled 605,900 sqm. In central zones, the vacancy coefficient was 6.9%, while outside the center it reached 12.1%.
Q3 2025 demand for modern office space reached nearly 185,100 sqm. The Center and Sluzewiec zones attracted the highest tenant interest during the period. New contracts (including pre-lease agreements) accounted for 53% of demand structure, renegotiations 40%, owner-occupier leases 2%, and expansions 5%.
