Retail
Approximately 132,000 sq m of modern retail space was delivered to the Polish market in Q3 2026, bringing year-to-date completions to around 350,000 sq m. Retail parks continued to account for the majority of new supply, while extensions of existing schemes represented 31% of total space delivered during the quarter. The development pipeline currently stands at approximately 760,000 sq m of GLA, with 63% located in cities with populations below 100,000 outside the main agglomerations. Based on developers’ announcements, total new retail supply in 2026 could exceed 600,000 sq m.
Shopping centre footfall remained broadly stable in January-August 2026, up 0.8% y/y. Following a weaker performance in April, footfall gradually improved in the subsequent months, including increases of 1.5% y/y in July and 1.0% y/y in August. Meanwhile, average shopping centre turnover during the first eight months of 2026 was nearly 5% above the level recorded a year earlier.
Office
At the end of Q3 2026, the total stock of modern office space in Poland’s largest markets, i.e. Warsaw, Kraków, Wrocław, Tricity, Katowice, Poznań, Łódź, Lublin and Szczecin, stood at 13 million sq m. The total volume of new office space delivered between January and September 2026 remained relatively low at approximately 123,600 sq m, up 16% compared with the same period last year. Supply levels recorded this year and last were last seen around 20 years ago, in 2004–2005, during the first market correction following the expansion of the office sector that began in the mid-1990s.
The majority (73%) of this year’s new office space delivered to date was completed in the first quarter. The largest office buildings completed in Warsaw included Studio A (24,000 sq m – Skanska) and Vena (15,400 sq m – PHN). The largest projects completed in the regional markets included Swobodna Spot I (14,650 sq m – Echo Investment) in Wrocław, Wita Stwosza C (13,700 sq m – Echo Investment) in Kraków and Punkt (12,650 sq m – Torus) in Gdańsk. In Q3 2026, only just under 4,700 sq m was delivered across two projects: Korfantego 193b in Katowice (2,500 sq m – TMC) and Famuły Poznańskiego in Łódź (2,180 sq m – Łódzkie Inwestycje).
Industrial
A quarterly overview of Poland's modern warehouse and logistics market (Q2 2026). Gross take-up reached 1.93 million sq m, while the vacancy rate fell to 6.6% – its lowest level since 2023. The report examines the demand structure (with the growing share of Chinese and e-commerce tenants), developer activity, prime rents and the investment market. It also features macroeconomic commentary (GDP, inflation, PMI, monetary policy), a labour-market analysis and detailed statistics for individual regions.
Residential
In the second quarter of 2026, the Polish residential market accelerated significantly, driven by growing mortgage activity and a recovery in housing supply. In June, residential sales increased by 48% year-on-year, while the value of mortgage enquiries rose by 15.8% year-on-year, with the average requested loan amount reaching a record level of over PLN 500,000.
