Take-up on Poland's office market hits 1.6 million sqm in 2019

by   CIJ News iDesk II
2020-02-10   09:02

Demand in the Polish office sector hit a record-breaking 1.6 million sqm last year, with 693,000 sqm of the total leased outside Warsaw, according to JLL. Total stock exceeded 11 million sqm. Regional markets accounted for 5.6 million sqm, outperforming the capital for the first time. “Such an excellent result is primarily due to the spectacular performance of Kraków, where 267,000 sqm was transacted. What’s more, demand in Katowice more than doubled 2018's total, which has prompted developers to start the construction of new buildings that will change the city’s skyline in the coming years,” said Karol Patynowski, director of regional markets at JLL.