2023-05-19-莱坊-Poznań_city_attractiveness_and_office_market_Q1_2023_5页_5mb

Summary of the Office Market in Poznań (Q1 2023)

Core Content

The document provides an overview of the office market in Poznań, highlighting the city's investment attractiveness, quality of life, and key trends in the IT-based labor market. It also includes data on the city's population, economic indicators, and current real estate market conditions.

Key Information

• City Overview:

  • Area: 261.9 sq km
  • Population: 543,400 (as of February 2023)
  • Population Forecast: 503,800 (by 2030)
  • Number of Companies: 127,400
  • Unemployment Rate: 1.1% (as of February 2023)
  • GDP Growth: 11%
  • GDP per Capita: PLN 120,833 (2019)
  • Average Salary (Gross): PLN7,677.08 (in the business sector, January 2023)

• Investment Attractiveness:

  • Poznań ranks highly in the ABSL ranking for office space attractiveness and quality of local universities.
  • It is recognized as a Business Friendly City in the European Cities of the Future report.
  • The city is a winner in the Business Friendly City of the Year category for local government support.
  • The Investor Service Office of Poznań was awarded in the TOP WOMAN in Real Estate contest.

• Investment Incentives:

  • Project Manager: A dedicated individual for the investment process.
  • Employer Branding: Utilizes events, media, and social platforms.
  • Sector Analyses: Includes IT, Modern Services, and Language Potential reports.
  • Government Subsidies: Assistance with grants and Special Economic Zones.
  • Smart City Initiatives: Focus on technology, education, and support for startups.

• Quality of Life:

  • Rankings: Poznań is among the top in various quality of life indices.
  • Cultural and Recreational Facilities: Includes 40 art galleries, 30 museums, 13 cinemas, and numerous parks.
  • Culinary Diversity: Over 500 restaurants and bars.
  • Ecology and Mobility: Green areas, renewable energy, and green transport solutions.
  • Recognition: Mentioned in the Forbes list as one of the best cities for Americans to live, invest, and work in Europe.
  • Nightlife: Ranked as Best for nightlife in the Guardian ranking.

• Quality of Life in Numbers:

  • Green Areas: 128.3 sq km
  • Bike Paths: 275.59 km
  • Poznań International Fair: The leading trade fair organizer in Poland and Central and Eastern Europe.

Office Market Statistics

• Existing Stock: 623,100 sq m
• Supply Under Construction: 87,300 sq m (with 42% expected to be completed in 2023)
• Vacancy Rate: 11.3% (an increase of 0.8 pp from the previous quarter, but a decrease of 0.7 pp from the same period in 2022)
• Take-up: 9,500 sq m (similar to Q3 and Q4 2022, 68% higher than Q1 2022)
• Asking Rents: EUR 10.00 to EUR 15.50 per sq m per month
• Service Charges: PLN 16.00 to PLN 30.00 per sq m per month
• Fit-out Budget: EUR 250.00 to EUR 500.00 per sq m

Major Concentration Areas

Major Regional Cities (Q1 2023)

• Total Existing Stock: 6.47m sq m
• New Supply: 68,100 sq m
• Take-up: 175,000 sq m
• Construction: 502,000 sq m
• Available Space: 1.03m sq m

IT-Based Labour Market Trends

• Four-day Working Week: Gaining traction, with potential for adoption in Poland.
• Big Data: Increased demand for professionals with big data expertise.
• Cybersecurity: Rising need for IT Security Analysts and Identity and Access Management Specialists.
• New Positions: Creation of roles with non-standard responsibilities, such as Enterprise Architect.
• Digitization: Companies are moving towards digitization, with high demand for SAP and MS Dynamics specialists.

Top 3 Desired IT Positions and Salaries

1. Project Manager: PLN 19,000–23,000 gross/monthly
2. SAP Consultant (different modules): PLN 21,000–25,000 gross/monthly
3. Java Developer - Mid (3–4 years of experience): PLN 16,000–23,000 gross/monthly

Contact Information

• Knight Frank Poland:

  • T-REP: Piotr Borowski (piotr.borowski@pl.knightfrank.com)
  • Strategic Consulting EMEA: Marta Sobieszczak (marta.sobieszczak@pl.knightfrank.com)
  • Research: Elżbieta Czerpak (elzbieta.czerpak@pl.knightfrank.com)
  • Capital Markets: Krzysztof Cipiur (krzysztof.cipiur@pl.knightfrank.com)
  • Industrial Agency: Michał Kozdroj (michal.kozdroj@pl.knightfrank.com)
  • Valuation & Advisory: Małgorzata Krzystek (malgorzata.krzystek@pl.knightfrank.com)

• Poznań Investor Relations Department:

  • Address: ul. Za Bramką, 61-842 Poznań
  • Phone: (+48) 618785428
  • Email: investor@um.poznan.pl
  • Website: www.poznan.pl

• Michael Page:

  • Website: www.michaelpage.pl
  • Email: contact@michaelpage.pl

Disclaimer

This report is for general information only and should not be relied upon in any way. Knight Frank does not accept any responsibility or liability for any loss or damage resulting from the use of this document.