Spotlight: Kraków Office Market - Poland - Q4 2025

Kraków's modern office stock reached 1,842,300 sq m by end of 2025, with the City Centre accounting for nearly one-quarter of supply at 436,700 sq m, while leasing activity hit a record peak of 269,500 sq m driven predominantly by lease renegotiations comprising 63% of total take-up. The vacancy rate declined to 18.4% representing 338,400 sq m of available space, though distribution is uneven across zones with the City Centre at 6.3% compared to the Northwest at 28.8%, while class A rents in modern buildings currently stand at EUR 14.00-18.00 per sq m per month with only 11,900 sq m of new supply delivered in 2025 against 55,400 sq m under construction.