Katowice’s office stock reached more than 528,000 sqm last year, representing an almost 2-percent increase y-o-y, according to Cresa. Leasing activity amounted to more than 84,000 sqm in 2019, with gross take-up hitting an all-time high, up by more than 75 percent on the annual average for 2015-2019. Katowice’s vacancy rate stood at 5.6 percent at the end of Q4, down by 3.2 percent y-o-y, its lowest since 2012, when it was 6.8 percent. Demand for office space continues to grow. Nearly 10,000 sqm was added to the Katowice office market in 2019. Last year’s office completions included Bracka 28 (2,320 sqm, Opal Maksimum), Bracka 28A (6,070 sqm, Opal Maksimum), and the fully refurbished Porcelanowa 60 (1,500 sqm), according to Cresa.
