Krak贸w doubles office stock in four years

20 February 2020

Krak贸w has nearly doubled its office stock over the last four years, becoming the largest and fastest-growing regional city office market in Poland, according to Savills. At the end of 2019, Krak贸w鈥檚 office stock amounted to almost 1.42 million sqm, accounting for more than a quarter of the total available office supply in Poland鈥檚 eight largest regional city markets and nearly a quarter of Warsaw鈥檚 office space. Nearly 160,000 sqm of office space was added to Krak贸w last year. The largest completions included Tischnera Office (32,800 sqm), two buildings in the Fabryczna Office Park (29,100 sqm) and V.Offices (21,700 sqm). The office market in Krak贸w has witnessed an accelerated expansion since 2016, posting an almost twofold increase in its office stock. Nearly half a million sqm is expected to be built in the city by the end of 2022, bringing Krak贸w鈥檚 office stock significantly closer to the 2 million sqm mark, according to Savills.