Warsaw Office Figures Q1 2026

Q1 2026 brought a small but notable increase in office supply to the Warsaw market after a prolonged development slowdown. Two new buildings – Studio A (24,000 sq m) and VENA (15,400 sq m) were completed, alongside the refurbishment of Przemysłowa 26a, bringing total new supply to 42,900 sq m. At the time of completion, Studio A was around 80% leased, compared to approximately 20% in the case of VENA. Despite these deliveries, no further office completions are expected before the end of the year. By the end of Q1 2026, total office stock in Warsaw reached 6.28 million sq m. At the same time, approximately 31,000 sq m of office space was withdrawn from the market due to planned changes of use, confirming the ongoing trend of repurposing office buildings. The development pipeline remains tight, with only 120,000 sq m currently under construction across six projects.