Vacancies are decreasing and contracts are increasing. There is a clear acceleration in the market

The Polish Chamber of Commercial Real Estate (PINK) has published quarterly data on the office space market. The analysis covers the eight largest regional markets: Kraków, Wrocław, Tricity, Katowice, Poznań, Łódź, Lublin and Szczecin. The data refer to the second quarter of 2026.

– At the end of the second quarter of 2026, the total resources of modern office space in eight main regional markets amounted to 6,764,500 sq m. – we read in the PINK statement.

Office market – the largest transactions of the second quarter

PINK also indicated the largest lease agreements concluded in the analyzed period. These included:

• renting the entire WITA C building with an area of ​​13,700 sq m. by Brown Brothers Harriman in Krakow,

• extension of the contract combined with the expansion of the Enea Group, covering 11,500 sq m. in the Business Garden complex in Poznań.

The largest office markets in Poland – after Warsaw – remain:

• Kraków – 1,870,000 sq m,

• Wrocław – 1,353,800 sq m,

• Tricity – 1,077,000 sq m.

In the second quarter, four new office buildings with a total area of ​​26,600 sq m were put into use.

– For comparison, in the first quarter of 2026, five office buildings with a total area of ​​47,200 sq m were put into use. Throughout 2025, new supply totaled 20,500 sq m. – indicates the Chamber.

There are fewer vacant buildings

At the end of June 2026, there was approximately 1,170,100 sq m available immediately in eight major regional markets. office space. This means that the vacancy rate was 17.3%. This is a decrease of 0.1 percentage point. compared to the previous quarter and by 0.2 percentage points. compared to the same period last year.

The highest level of vacancy was recorded in Katowice (22.2%), and the lowest in Szczecin (8.4%).

Most contracts were signed in Krakow

According to the PINK report, the total volume of lease transactions in the second quarter of 2026 was 187,500 sq m. That’s 56 percent. more than in the previous quarter, but at the same time by 13 percent. less than a year earlier.

The most space was rented in:

• Kraków – 58,400 sq m,

• Poznań – 42,800 sq m,

• Katowice – 25,100 sq m.

– In the second quarter of 2026, new lease agreements recorded the largest share in the transaction volume, which amounted to 45%. Renegotiations accounted for 42%, expansions 10%, while space used for the needs of building owners accounted for 3%. total tenant activity – we read in the PINK press release.

The report was prepared on the basis of data from the largest consulting companies operating on the commercial real estate market, including: Avison Young, Axi Immo, BNP Paribas Real Estate Poland, CBRE, Colliers, Cushman & Wakefield, JLL, Knight Frank, Newmark and Savills. The list includes the resources of modern office space, new supply, the volume of lease transactions and the vacancy rate.