Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Office undersupply in Poznań. Tenants look forward to new projects.


Global real estate services firm Cushman & Wakefield summarises the Poznań office market at year-end 2018.

At the end of 2018, Poznań’s total office stock amounted to 479,100 sq m. Six projects completed in the last twelve months delivered 21,200 sq m of new office space. The largest completions included buildings IV and V of the Pixel complex: 8,850 and 8,950 sq m, respectively. Office take-up hit 70,400 sq m, which represented a 10% y/y decrease. Key lease transactions comprised the 14,750 sq m renegotiation and expansion by Santander Bank Polska at Poznań Business Garden, a deal signed for 10,300 sq m at a Nowy Rynek building and Carlsberg’s 3,950 sq m renegotiation at Nowe Garbary.

“2018 saw a weak growth in new office supply and a record low vacancy rate in Poznań, particularly in its central locations where the availability of unoccupied space was very limited. Poznań’s office market grew at a steady rate in the last twelve months. Most tenants are, however, waiting for new projects to come onto the market in 2019 which are expected to bring the city’s total office stock to nearly 590,000 sq m. This healthy level of new supply will provide current tenants with a number of interesting relocation options. Compared with other cities, the growth of the Poznań market is largely being driven by companies that have already gained a foothold here. This guarantees greater market stability in the long term despite a relatively weaker growth,” says Grzegorz Bobrowski, Negotiator, Office Agency, Cushman & Wakefield.



Sq m

Lease type

Poznań Business Garden 1

Santander Bank Polska


Expansion + Renegotiation

Nowy Rynek - phase 1



Pre-let + New deal

Nowe Garbary

Carlsberg Polska



Malta Office Park  A and B

Grant Thornton Frąckowiak



Malta House



New deal


GFT Poland


Expansion + Renegotiation

Malta Office Park  A and B

BAE System



Poznań Business Garden 3




Andersia Business Center

Newell Rubbermaid



Poznań’s office vacancy rate stands at a low of 7.3% due to a limited number of new office completions in the last two years, which pushed the volume of unoccupied office space down to its lowest on record.

More than 110,000 sq m of new office space is expected to come onto the Poznań market in 2019, which despite a relatively high number of pre-lets at projects scheduled for delivery in the space of twelve months will increase supply and provide established tenants with a variety of interesting relocation options. Despite the low vacancy rate, in 2018 office rents stood at EUR 14.50/sq m/month in the city centre.


Trends Radar 2023 Poland
Insights • Economy

Trends Radar: real estate sector waiting for stabilisation

Upward pressure on rental rates and rising construction costs on the one hand and a growing focus on ESG and repositioning of commercial buildings on the other. Faced with the current pace of change in the real estate market, many investors are looking at 2023 with a degree of uncertainty. Are there any reasons to be fearful? And how will the economic slowdown shape trends and sentiments in each real estate sector in the short term? 
Ewa Derlatka-Chilewicz • 27/11/2023


Global real estate services firm Cushman & Wakefield summarises the Wrocław office market at year-end 2018.


Tristan Capital Partners, White Star Real Estate • Banking & Financial Services

Cushman & Wakefield was appointed a leasing agent for Elektrownia Powiśle.

Tristan Capital Partners, White Star Real Estate • Banking & Financial Services

Cushman & Wakefield was appointed a leasing agent for Elektrownia Powiśle.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.

Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All