Published at: 2017-06-14 10:14 | Author: report
According to the latest report from Savills, Warsaw’s total modern office stock had grown to 5.12 million square meters by the end of the first quarter of 2017. It goes on to predict that 236,000 sqm more office space will be delivered to the Warsaw market, most of which will be located in the Mokotów District.
The vacancy rate in the Central Business District of Warsaw is 14.8 percent, which is the highest among all central business areas of all capitals in the most important office markets in Europe. The lowest level of vacant office space was recorded in the North zone, while the Żwirki and Wigury corridor has the toughest time leasing space of any around the city. Rents for office space in Warsaw range from €13.5 per sqm per month in Służewiec to €23 in the Central Business District, according to S...
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