In the first six months of 2025, Warsaw’s office stock increased by over 85,000 sqm of new space. During this period, developer activity reached a record low, which may result in limited availability of modern office space in the coming years. Tenant demand slightly weakened compared to the same period last year, with renegotiations dominating transaction structures. The vacancy rate saw a modest increase, while rents in the most prestigious locations remained high and stable.
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