Tuesday, 24 February 2026
At the end of 2025, Poznań’s modern office stock reached 677,500 sqm, with new completions remaining limited. During the year, only 4,900 sqm was delivered across two small projects. Despite the modest volume, this was the second-highest level of new supply among Poland’s regional office markets.
Poznań currently has the largest volume of office space under construction outside Warsaw. Approximately 72,900 sqm is underway, with most projects located in the city centre.
“Poznań combines stable demand with the highest volume of office space under construction among regional markets, which allows us to expect a revival in supply in the coming years. However, we predict that in the short term, tenants will continue to focus on optimising space and renegotiations,” said Mateusz Jakubowicz, Associate at Savills Poland.
Leasing activity remained relatively strong in 2025, with total demand reaching 71,800 sqm, up 8 percent year-on-year and above the long-term average. More than half of transactions were signed in central locations. At the same time, renegotiations increased to 53 percent of total deal volume, reflecting continued caution among occupiers regarding relocations and expansions. The average size of new leases declined to around 600 sqm, indicating ongoing space optimisation.
The vacancy rate stood at 13.9 percent at year-end, equivalent to roughly 94,000 sqm of available space. The highest availability was recorded in the western part of the city, while the lowest vacancy was observed in northern and southern areas. Newer, well-located buildings continue to show relatively limited availability.
“High-standard facilities in central locations maintain a competitive advantage, and limited new supply favours rent stabilisation and selective rate increases in the best projects,” Jakubowicz added.
Prime rents in modern Class A buildings remain stable at €14–17 per sqm per month. Some upward pressure may emerge in top schemes due to rising fit-out costs and constrained supply of new space.
In the near term, the Poznań office market is expected to operate under conditions of limited supply and increasing tenant selectivity. While the completion of larger projects in the coming years could support greater occupier mobility and transaction volumes, renegotiations and demand concentrated in prime locations are likely to remain the dominant trends.
