Although most of the regional markets outside of Warsaw are growing and attracting new investors, Łodź seems to be outpacing some of the traditionally larger markets, according to JLL. The city is the seventh largest market in terms of modern office stock in Poland. “The vast majority of on-going projects are located in the Central Business Axis of Łódź, the largest office area in the city, where approximately 120,000 sqm of office space has so far been developed. By 2020, this part of the city will likely grow by an additional 100,000 sqm. It is also worth mentioning Nowe Centrum Łodzi, which has so far provided 44,000 sqm, can increase to 150,000 sqm in the next few years,” said Tomasz Czuba, head of office leasing at JLL.
