Poland's Commercial Real Estate: A Stable and Growing Market for Businesses

 

The Polish commercial real estate market demonstrated remarkable stability and growth in the first three quarters of 2025, attracting significant investment and highlighting its potential for businesses. With an investment volume of 2.6 billion euro, mirroring last year's performance, and a notable increase to 105 transactions, the market is buzzing with activity. Polish capital is increasingly prominent, leveraging attractive property prices, while core investors are expected to re-enter with larger transactions soon. For businesses scouting new office or warehouse locations, Poland's strong economic foundations and stable environment offer a compelling proposition.

 

Office Space in Poland: A Hub of Activity and Opportunity

 

The office sector has emerged as a clear leader in the Polish commercial real estate market for Q1-Q3 2025, both in terms of transaction value (899 million euro) and volume (36 transactions). This reflects a dynamic environment for businesses seeking modern, well-located office spaces.

 

Key Trends for Office Seekers:

 

  • Prime Locations: Major transactions included acquiring stakes in prestigious Warsaw properties like Mennica Legacy Tower, Vibe, Plac Zamkowy – Business with Heritage, and Wronia 31, alongside Krakow's High 5ive I & II. This indicates a demand for high-quality assets in central and strategic urban areas.
  • Growing Domestic Capital: Polish investors accounted for over 50% of the office sector's transaction volume and number, suggesting robust local confidence and diverse opportunities.
  • Opportunities for All: While the market saw a dominance of "value-add" and opportunistic transactions, signaling flexibility and diverse offerings, the return of "core" capital in Warsaw and regional cities is anticipated, promising an influx of premium, stable assets for long-term leases.

 

As Marcin Purgal, Senior Director, Investment at Avison Young, notes, despite core capital caution due to economic uncertainties, the outlook is optimistic for an increase in core-type transactions, enhancing market options for businesses.

 

Warehouse & Logistics: Expanding Your Reach Across Poland

 

The Polish warehouse and logistics sector remains a cornerstone of the commercial real estate market, with a stable performance in Q1-Q3 2025 and a total investment volume of 873 million euro. This sector is crucial for businesses looking for efficient storage and distribution solutions.

 

Strategic Locations and Flexibility:

 

  • Beyond the 'Big Five': A significant portion of investment (54% of volume) occurred outside Poland's main logistics hubs, with 17% in developing regions like Bydgoszcz and Rzeszów, and 16% in smaller centers such as Olsztyn and Opole. This trend offers businesses a wider range of geographical options for warehouse facilities, potentially at more competitive rates.
  • Investor Confidence: The prevalence of "sale and leaseback" transactions, making up over 40% of the sector's total value, including the landmark Eko-Okna deal, underscores strong investor confidence in long-term occupancy and stable income streams. For businesses, this translates into a stable market with well-maintained assets.

 

Bartłomiej Krzyżak, Senior Director, Investment at Avison Young, highlights how "sale and leaseback" structures provide stable, long-term income supported by reliable tenants, signifying the robust underlying demand for warehouse space.

 

Why Poland Now? Seize Your Business Advantage

 

Poland's appeal to investors is fortified by its strong economic growth and robust market fundamentals. Positioned as a G20 country, it garners significant international interest. For businesses, this translates into a dynamic and supportive environment.

 

Outlook for Businesses:

 

  • Attractive Pricing: The current period is ideal for businesses to capitalize on attractive property prices before anticipated interest rate cuts lead to lower capitalization rates.
  • Increased Liquidity: Expect further activity from "mid-cap" investors across all asset classes and the anticipated return of "core" capital, which will increase the availability of high-quality properties.
  • Diverse Options: Smaller property formats with long WAULT (Weighted Average Unexpired Lease Term) periods will continue to be attractive, providing stability and predictable costs for tenants.
  • Domestic Strength: Increased activity from domestic capital ensures a vibrant and locally informed market.

 

The Polish commercial real estate market in Q1-Q3 2025 signals a period of growth and opportunity. Whether you're seeking prime office space in a bustling city or strategic warehouse facilities to optimize your logistics, Poland offers a stable, liquid, and increasingly diverse market ready for your business expansion.

 

Source: prestigepr.pl