2025-06-15-莱坊-Kraków_city_attractiveness_and_office_market_Q1_2025_8页_1mb

• Krakow Overview: As Poland's second-largest office market, it scores highly in business friendliness, human capital, and economic potential based on FDi rankings. Key data includes a city area of 327 sq km, population of 807,600, 2.2% unemployment, and 14.5% GDP growth. It features UNESCO heritage sites, numerous cultural events, and modern infrastructure, enhancing its global positioning.

Office Market Performance (Q1 2025)

• Office stock reached 1.83 million sq m, accounting for over 14% of Poland's total supply. Lease up totaled 57,000 sq m, representing a 31% year-on-year increase, with renewals and expansions dominating the market. Vacancy rate dropped to 17.6%, while rents remained stable at EUR 10-18/sq m/month, reflecting high demand and limited supply under construction.

HR and Succession Trends

• Poland's construction and real estate sectors face significant succession challenges, with about 45,000 businesses estimated to be impacted. Executive salaries average PLN 60,000 to 80,000 monthly, and companies increasingly seek external candidates for leadership due to generational changes, adding uncertainty to the industry.