Nearly half a million square meters of modern office space was delivered to the office market in the key regional cities in 2016. The leader’s position was retained by Lesser Poland’s capital, followed by, amongst others, Wrocław and the Tri-City. According to the report’s authors at BNP Paribas Real Estate Poland, current pipeline projects will also support the high growth dynamics in 2017.
Cracow leads the pack
For a few years now the modern business support service sector has been a consistent driving force for Cracow’s offices. It is due to the large schemes from the BPO, SSC, ITC and R&D sector that Cracow has been able to retain its dominant position as the regional leader. And yet competition in this sector is getting increasingly tougher
Małgorzata Fibakiewicz, Director, Office Agency, BNP Paribas Real Estate Poland.
Opportunity for Łódź
Over the past few years Łódź has been gaining in importance on the map of attractive office locations. In addition to good transport links, businesses locating their service centres here can count on relatively lower labour costs as compared to the “Great Three” while retaining the high level of staff qualifications. Furthermore, operating costs, including rents, are also lower
Anna Staniszewska, Director, Research and Consultancy, BNP Paribas Real Estate Poland
Vacancy rate on the rise
Head of Marketing & PR, Central & Eastern Europe at BNP Paribas Real Estate Poland