The Polish Chamber of Commercial Real Estate (PINK) has published aggregated data on the Warsaw office leasing market for Q3 2026. The figures are sourced from advisory firms active in the commercial real estate sector, including Avison Young, Axi Immo, BNP Paribas Real Estate Poland, CBRE, Colliers, Cushman & Wakefield, JLL, Knight Frank, Newmark Polska and Savills.
Total modern office stock in Warsaw stood at approximately 6,232,000 sqm at the end of Q3 2026. No new projects were completed in the capital during the quarter, though buildings finished in earlier quarters brought total new supply for the year to date to 45,200 sqm.
The vacancy rate in Warsaw reached 7.9% at the end of Q3 2026, down 0.6 percentage points on the previous quarter and down 1.8 percentage points year on year. Total vacant space amounted to 490,600 sqm. In central zones the vacancy rate stood at 4.3%, while outside the city centre it reached 11.1%.
Total demand for modern office space in Q3 2026 exceeded 175,000 sqm, compared with 282,800 sqm in Q2 2026 and 185,100 sqm in Q3 2025. The most active locations were the two central zones, City Centre and Central Business District, as well as Służewiec.
New leases, including pre-lease agreements, accounted for the largest share of leasing activity in the quarter at 56.4% of total take-up. Renegotiations and renewals represented a further 33.0%, expansions accounted for 8.2% and owner-occupied transactions made up the remaining 2.4%.
