More than 3.9 million sqm of modern office space was developed across Poland over the last seven years, according to JLL. A majority of this space has been effectively absorbed. Between 2017 to 2019, another 2.5 million sqm is expected to hit the market, with nearly 40 percent to go up in Warsaw, while a further 400,000 sqm will be added to Kraków, one of the most popular destinations for business services centers in the CEE region.
“In recent years, Poland has become an extremely attractive business destination for numerous global brands that both launch and develop their units in the country, providing services for increasingly advanced processes,” said Tomasz Trzósło, managing director of JLL Poland. “The most important examples of new investments in recent years, or even months, include State Street and Swarovski in Gdańsk; Credit Suisse, Dentons, DLA Piper, Goldman Sachs, William Demant in Warsaw; Red Embedded and UBS in Wrocław; TRW and Whirpool in Łódź; Guidewire, Uber and Zurich Insurance Group in Kraków as well as Rockwool in Poznań. Although these companies already occupy substantial office space, they continue to develop and as a result generate demand for additional square meters.”
