Warsaw’s total office stock stands at 5.5 million sqm

29 April 2019

Warsaw’s total office stock stands at 5.5 million sqm, rising by 20,200 sqm during the first three months of 2019. In its most recent report Savills writes that largest completion in Q1 2019 was building B in the Spark office complex (15,700 sqm) developed by Skanska Property Poland. At the end of March 2019, the development pipeline stood at 775,000 sqm, including high-rise office buildings such as Mennica Legacy Tower, Skyliner, Varso Place, The Warsaw Hub, Warsaw Unit and a skyscraper developed as part of the Generation Park complex. Mennica Legacy Tower will be the only one from that list of skyscrapers to be completed this year. In the remaining months of 2019, 237,000 sqm will be delivered to the market, with 66 percent of that space already secured with pre-let agreements, writes Savills.

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