Poznań’s office market expands by 85,700 sqm in 2019

Poznań’s office stock grew by 18 percent to 564,800 sqm in 2019, following the delivery of 10 projects totaling 85,700 sqm. The largest completion was the second phase of Vastint’s Business Garden Poznań, which includes five office buildings with a total area of 46,100 sqm. The first two buildings of the Nowy Rynek complex were also delivered, adding 30,700 sqm of office space to the market. “Due to the relatively large volume of new office space coming on stream in 2019, most new projects have been put on hold in Poznań until the impact of the supply peak on the city’s office market is fully assessed,” said Jan Szulborski, senior consultant at Cushman & Wakefield.