The last two years have been very successful in terms of demand and absorption of new office space in Łódź, according to the latest JLL report. Demand for offices in 2015 reached an all-time high of 70,000 sqm thanks to the impressive 24,000 sqm lease deal signed by mBank. In 2016, demand was similar with a total of 66,700 sqm. The biggest lease agreements concluded last year included deals signed by Ericsson in University Business Park and Fujitsu Technology Solutions in Nowa Fabryczna. “Łódź is a city which has become a major transportation hub, has a well-developed academic background and significant office space stock. These aspects combined with competitive office rents mean that Łódź is a location of growing value for investors,” said Karol Patynowski, associate director at JLL.
