Marketview: Warsaw Offices, Q3 2015

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26.10.2015

Office take-up in Warsaw repeated a record level of 222,700 sq m in Q3.

Therefore, the leasing activity in Q1-Q3 2015 equals the total volume for 2014.

Office take-up remained on a record-high level with 222,700 sq m leased throughout Q3 2015. Therefore, the leasing activity in Q1-Q3 2015 equals the total volume for 2014.
  • A large amount of office space will be delivered in the City Centre and in Wola throughout 2016, especially next to the newly opened metro line.
  • The vacancy rate saw a decrease in Q3 and is currently at 12.9%. However, the forecasts for vacancy levels remain on the rising path throughout 2016.
  • The prime rental level is expected to decline further and is now at the level of EUR 24 sq m/ month.
  • The record high absorption of 133,000 sq m in Q3 alone reflects the significant amount of new deals and sheds a positive light into the future.

More infromation in our Publication section here.


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