by Property Forum
Warsaw's office market is experiencing a supply gap that has deepened since 2023. Only around 28,000 sqm of new office space is expected to be delivered by the end of 2026, making it one of the lowest annual supply figures on record for the capital. Rising construction costs, more expensive financing and greater investor caution continue to restrict new development, with no significant recovery anticipated until 2028. At the end of the first half of 2026, around 130,000 sqm remained under construction, with more than 90% of projects located in central zones.
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