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Demand for Office Space in Poland Shifts to Regional Cities

Regional cities winners in Office Space sector Office investment transactions reached 605 million euros ($736 million) in the first three months of 2021 with deals in regional cities such as Krakow, Wroclaw and Gdansk accounting for almost 360 million euros their best ever start of the year. Poland’s regional cities are emerging as early winners from the pandemic with companies looking to return their workers to offices. Cities outside the capital of Warsaw had 800,000 square meter (8.6 million square feet) of office space under construction at the end of the first quarter, even as the overall market recorded its lowest activity in eight years, according to broker Jones Lang LaSalle Inc.

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