Kraków - City Attractiveness, Office Market and HR Trends, Q3 2025

Knight Frank's Q3 2025 report on Kraków analyzes the city's investment attractiveness, office market dynamics, and labor market trends, finding that Kraków ranks first in business friendliness and human capital among large European cities in the fDi's 2025 ranking, with a population of 809,200 and an unemployment rate of 2.5%. The office market shows Kraków as Poland's largest regional market with 1.85 million square meters of stock, 204,000 square meters of take-up through September 2025 (up 21% year-on-year), and an 18.6% vacancy rate, while the labor market has stabilized with employers becoming more cautious about pay increases, with only 34% of professionals actively seeking new employment and strong demand concentrated in finance, IT, cybersecurity, and big data roles.