Polish office market grows by 900,000 sqm in 2016

A total of 900,000 sqm was added to the Polish office market in 2016, according to the latest JLL report. Kraków and Wrocław were the most desired locations outside Warsaw. An additional 800,000 sqm is expected to come on-line in 2017, according to JLL. “Currently, there is 1.5 million sqm of space under development in Poland. The highest activity among developers is recorded in Warsaw, where 675,000 sqm is under construction,” says Mateusz Polkowski, director of regional markets at JLL. “Outside Warsaw, Kraków is the leader with 260,000 sqm under development. This indicates that in 2017, the capital city of the Małopolska region will likely exceed 1 million sqm of total office stock.”