Office stock in Łódź hit 439,300 sqm in the first six months of the year, up 11 percent y-o-y, according to Cresa. Only one office building was delivered to the market in H1: TME (5,500 sqm, Transfer Multisort Elektronik). The leasing volume hit 27,800 sqm, of which more than 70 percent was transacted under new leases. The three biggest lease transactions on the Łódź office market in H1 included GFT Poland’s 4,100 sqm renegotiation at Sterlinga Business Center, Clariant’s 3,700 sqm lease at Monopolis M1 and ING Bank Śląski’s 2,200 sqm renegotiation at Hammermed. “There is strong occupier interest in co-working office space, particularly among firms entering the Łódź market or micro-divisions of Warsaw-based companies. By contrast, larger and well-established tenants target class A office buildings which facilitate top talent recruitment,” said Marta Pyziak, head of the Łódź office at Cresa Poland.
