房地产 -波兹南城市吸引力与办公楼市场 Poznań city attractiveness and office market - Q3 2025

Strongcities

Cityattractiveness,officemarket,HRtrends

knightFrank

Q32025

Theofficemarketsentiment,theinvestmentpotentialofthecityandthelabourmarket.

.pl/en/research

Poznań

Prepared

incooperationwith

poznanMichaelpage

CITYATTRACTIVENESS

Poznań

Cityarea

261.9sqkm

Population

716,800

(01.2025,Mobiledata)

536,151(12.2024,GUS)

Numberofcompanies135,737

(05.2025,GUS)

Unemploymentrate1.4%

(08.2025,GUS)

GDPgrowth

11%

GDPpercapitaPLN155,265

(GUS)

Averagesalary(gross)PLN10,100.82

(inthebusinesssector,05.2025,GUS)

Investmentattractiveness

Rankings

PLACE

.

1ST

PLACE

.

1ST

PLACE.

1ND

PLACE

.

2ND

PLACE

.

2ND

inthecategory“Investor-FriendIyCity”–PrimePropertyPrize

intheABSLranking-cooperationwithaIocaIinvestorserviceoffice

intheABSLranking-attractiveIocationinthecitycentre

intheBusinessFriendIyCitycategory–EuropeanCitiesandRegionsoftheFuturefDiReport

intheHumanCapitaIandLifestyIecategory–

EuropeanCitiesandRegionsoftheFuturefDiReport

Investmentincentives

ProjectManager–apersondedicatedtotheproject,responsibleforthepreparationandlaunchoftheinvestment,cooperationwiththeinvestorafterthestartoftheproject.

Employerbranding–organizationofpressconferences,distributionofmaterialsto

localmedia,throughsocialmediaandonthewebsitewww.poznan.pl.

PromotionoftheCity'srealestateatnationalandinternationalrealestateevents–MIPIM,PoznańHousingFair.

Supportingrealestateinvestorsintalks

withoffices,departmentsoftheOffice,citycompaniesinvolvedintheprocessesof

preparingandimplementinginvestments.

RegularlyupdateddatabaseoftheCity'sinvestmentareasatwww.poznan.pl.

PublicationandupdatingoftheCity'sinvestmentoffersinthe

databaseofthePolishInvestment

CooperationwithSpecialEconomicZonesinthecontextofobtaining

governmentgrants.

Preparationofsectoranalysesfortheneedsofinvestors.

Preparationandpromotionofurbanrealestateoffer,including:

•9residentialandcommercialproperties,•1areacomposedoffieldsdefinedas

areasofproductionfacilities,warehousesandstorages,withpermissibleservice

development,aswellasnon-publiccarparks,

•2areasforservicedevelopmentor

placementofretailfacilitieswithasalesareaofmorethan2000m2orproductionfacilities,warehousesanddepots,

•1propertyforserviceactivities,

•1projectforcubiccarparks(3separatelocations),

•1propertyforthefunctionofgreenandwaterareasandsportsandrecreationinthegreenwedge.

2KNIGHTFRANK

2KNIGHTFRANK

Qualityoflife

Rankings

PLACE

.

1ST

PLACE

.

1ST

PLACE

.

2ND

PLACE

.

3RD

Economicscategory(amongPolishcities)-OxfordEconomicsGlobalCitiesIndex

SmartCityAward-citieswithover300,000inhabitants

intheABSLranking

-quaIityofpubIictransport

intherankingofbestcitiestoIiveinPoIand–BusinessInsiderPolska

PLACE

.

3RD

intheABSLranking-perceptionofthe

generaIquaIityofIife

TheonlycityinPolandlistedinthe

"Forbes"rankingofthe20bestcities

forAmericanstoIive,investandworkinEurope

MicheIinGuide-Poznańrestaurant

awardedaMichelinstar,15restaurantswithdistinction.

Facts&Figures

Qualityoflifeinnumbers

Improvingthequalityoflifeofresidentsthrough:

Number

ofstudents

100,000

•Creatingattractivejobs.CompaniesinthemodernservicessectorsuchasROCKWOOLGlobalServicesCenter,SOFTSWISS,Miele–amongothers-areexpandingandincreasingemploymentopportunitiesintheprocess.

Number

ofgraduates

24,500

•PozitiveTechnologiesconference-attractingtopemployers,creatingastrongandactiveITcommunity.

•SmartCity-implementationofnewtechnologies,alongwiththedevelopment

ofcreativeentrepreneurshipandthestartupsector,withanemphasisoneducationateverylevelandactivesupportforuniversities.

Number

ofuniversities24

Airport-distancetothecitycentre

7km

Airport-numberofpassengers

3,407,127(2024)

BSSsector

-numberofcentres162

•TheSmartCityPoznańapplicationwontheWingsofITinAdministrationaward,intheToolsforcommunicationwithcitizenscategory.

•Ecology-increasinggreenareas,creatinganimprovedenergymixusingrenewableenergysources,modernisingthepublictransportfleet(electricvehicles,hybrid

vehicles).Anumberofprogrammesarebeingcarriedout:"Let'sendsmoginPoznań","Keepwarm",asbestosremovalprogramme.

•Mobility–greentransportsolutions–car-sharing,scooter-sharing.

•Centreproject-amongotherthings,revitalisationofthecitycentre,reductionofcartrafficinthecitycentre.

•Richculturallife-numerousfestivals,e.g.theworld-famousMaltaFestivalPoznań,some40artgalleries,30museums,13cinemas,thephilharmonic.

•CulinarycapitalofPoland-around500restaurantsandbars,offeringfoodfromallcornersoftheworld.

•OKPoznań–abenefitsprogramforresidents.

•Aricharrayofleisureandrecreationopportunities-aquapark,icerinks,artificialskislope,climbingwalls,bowlingalleys,lakes,swimmingpools,citybeacheswithnumerousattractionsforinhabitantsandtouristsalongtheWartaRiver,10sportsstadiums,over500playgrounds,zoo,palmhouse-thelargestinPolandandoneofthelargestinEurope.

•PoznanInternationalFair-theleadingtradefairorganiserinPolandandCentralandEasternEurope.

BSSsector

Greenareas

128.3sqkm

-numberofemployed

30,500

Bikepaths351km

RATINGAGENCY

FitchRatings

RATING

A-

STRONGCITIES-POZNAŃ3

STRONGCITIES-POZNAŃ3

4KNIGHTFRANK

OFFICEMARKET

Poznań

Q32025

Existingstock

675,000sqm

Supply

underconstruction52,000sqm

Vacancyrate

13.6%

Newsupply

2,000sqm

Take-up

51,000sqm

CoworkingoperatorsinPoznań

BusinessLink|Regus

Standardleasetermsinnewbuildings

Servicecharge

PLN/sqm/month

17.00-29.00

Rent-freeperiod

1-1.5month

foreachcontractyear

Fit-outbudget

EUR/sqm

250.00-500.00

ThetotalofficestockinPoznańamountedto675,000sqmattheendofQ32025,positioningthecityasPoland’ssixth-largestofficemarket.Stabledemandofaround51,000sqmcombinedwithlimitednewsupplycontributedtoadecreaseinthevacancyrateto13.6%.Headlinerentalratesremainstable,typicallyreachingupto16.00EUR/sqm/month.

SUPPLY

NewsupplyinPoznańhasdeclinedsignificantly,withonly2,000sqmofmodernofficespacedeliveredsincethebeginningoftheyearinasingleproject.

However,morethan52,000sqmiscurrentlyunderconstruction,thesecond-highestfigureamongPoland’sregionalcities,justbehindKrakow.ThelargestongoingprojectisAND2,a40,000sqmofficedevelopmentbyVonderHeydenGroup.Scheduledforcompletioninmid-2026,itissettobecomethelargestofficebuildinginthecityupondelivery.

TAKE-UP

AsoftheendofSeptember2025,officeleasingactivityinPoznańremainedstableatover51,000sqm,representinga4%decreasecomparedtothesameperiodofthepreviousyear.Consequently,Poznańaccountedfor10%ofthetotalleasingvolumeacrossPoland’sregionalmarkets.

Renegotiationsaccountedforthelargestshareoftotaltake-upat53%,whilenewleasesremainedsignificant,representing38%.Apositivetrendwasobservedinexpansions,whichmadeuptheremaining9%oftheleasedspace.

VACANCYRATE

Poznań’sofficevacancyratecontinueditsdownwardtrajectoryforthethirdconsecutivequarter,reaching13.6%inQ32025.Thismarksaquarter-on-quarterdeclineof1.2pp,althoughitreflectsayear-on-yearincreaseof1.1pp.

RENTS

HeadlinerentsinPoznańremainedstableinQ32025,typicallyrangingbetween11.50and16.00EUR/sqm/month.However,rentsfortopfloorsinthemostprestigiousbuildingsandlocationsmaysignificantlyexceedthisrange.Servicechargesalsoremainedstable,typicallyrangingbetween17.00and29.00PLN/sqm/month.

OfficemarketinPolandQ32025

Existingstock13msqm

Newsupply

(Q1-Q32025)

107,000sqm

Take-up

(Q1-Q32025)

1msqm

Supplyunderconstruction

340,000sqm

Vacancyrate

13.9%

TRICITY

SZCZECIN

1.07msqm

11.9%

EUR11-16

190,000sqm

6.8%

EUR10-14.5

WARSAW

6.25msqm

9.7%

EUR12-32

POZNAŃ

675,000sqm

13.6%

EUR11.5-16

WROCŁAW

1.34msqm

21.8%

EUR11-16

ŁÓDŹ

643,000sqm19.7%

EUR9-15

KATOWICE

742,000sqm

23.4%

EUR10-14.5

LUBLIN

225,000sqm

10.3%

EUR9-13

KRAKOW

-officestock-vacancyrate-askingrents(persqmpermonth)

1.85msqm

18.6%

EUR10-18

Source:KnightFrank

Annualnewsupply,take-upandvacancyrateinPoznań

newsupplytake-upvacancyrate

90000

80000

70000

60000

50000

40000

30000

20000

10000

sqm

13.6%

Q32025

Q1-Q32025

2025f2026f

20142015201620172018201920202021202220232024

18%

16%

14%

12%

10%

8%

6%

4%

2%

0%

f-forecastbasedonschemesunderconstructionSource:KnightFrank

Take-upstructureinPoznań

expansions

Q1-Q320252024202320222021

renewalsowneroccupiednewdeals(includingpre-lettransactions)

0%10%20%30%40%50%60%70%80%90%100%

Source:KnightFrank

STRONGCITIES-POZNAŃ5

6KNIGHTFRANK

HRPERSPECTIVE

MichaelPageSalaryandLabour

MarketTrendsReview2026:SalariesUndertheMicroscope-TheLabourMarketintheEraofStability

StabilityhasreturnedtothePolishlabourmarket,yetbothemployeesandbusinesseshavebecomemorecautious.Double-digitpayriseswhenchangingemployersarenowrare,andwagegrowth

dependslargelyontheroleandmarketconditions.AccordingtotheMichaelPageTalentTrends2025report,only34%ofprofessionalsareactivelyseekingnewemployment.Inshortageareas

suchasfinanceandIT,particularlyinareasofrestructuring,processoptimization,cybersecurity,andbigdataanalytics,candidatesstillholdtheupperhand.However,inmostsectors,themarketincreasinglyfavoursemployers.

Afteraperiodofchangeand

unpredictability,thePolishlabour

markethasenteredaphaseofrelativestability.Companies,operatingamideconomicandgeopoliticaluncertaintyandlowerinflation,areshaping

theirpaypoliciesmorecautiously.

Therefore,accordingtoMichaelPageexperts,weshouldnotexpectareturntodouble-digitpayrisesbasedsolelyonchangingemployers.Instead,payadjustmentsaremorelikelytoreflectspecificrolesandmarketrealities.

Whilecandidatesstillmaintain

strongbargainingpowerinshortageroles,thebalanceisshiftinginmostindustriestowardsemployers.

Thisshiftisclearlyvisiblein

recruitmentprocesses.Candidates

whoinrecentyearsgrewaccustomedtoinflation-drivenpayrisesof

20–30%arenowunlikelytochangejobsforamodest5–10%increase.

A30%payrise,however,remainsastrongmotivator.TheTalentTrends

2025reportalsoconfirmsthatonly34%ofprofessionalsareactively

seekinganewrole.Ontheotherhand,recruitmentprocesseshavelengthenedsignificantly-from

around50daysto80,andinsome

casesevenupto100days.Employersaremakingdecisionsmorecautiously,introducingadditionalcandidate

verificationstages.

“ThemarkethasnowenteredaphaseIdescribeastacticalpatience,as

bothcandidatesandemployersare

morecareful.Weareseeingadecline

inmomentum,visiblethroughlonger

recruitmentprocessesandmoreprudentpaypolicies.Inshortageroles,candidatesstillhavetheadvantage-forexample,

positionslinkedtocybersecurity,whoseimportancehasgrownconsiderably.

However,inmostsectors,themarketis

clearlyshiftingtowardsemployers.At

thesametime,whendecidingtochangejobs,itisworthconsideringthelong-

termcareerprospectsofferedbythenewrole,”commentsRadosławSzafrański,ManagingDirectorandBoardMemberatMichaelPage.

MOSTSOUGHT-AFTER

SPECIALISTS–WHAT

SALARIESCANTHEYEXPECT?

Themostin-demandprofessionalstodayincludefinanceexperts,

particularlyinareassuchas

restructuring,businessoptimisation,andthedigitalisationofprocessesandsales.AccountantscanexpecttoearnaroundPLN10,000grosspermonth,

whileindependentaccountants

typicallyreceivebetweenPLN11,000and14,000gross.HeadsofAccountingDepartmentsearnbetweenPLN

29,000and35,000gross.FinancialanalystsmostoftenreceivebetweenPLN11,500and14,000gross,whileFinanceDirectorscanexpectaroundPLN35,000gross.

TheITsectoralsooffersstrong

opportunities,particularlyin

cybersecurityandbigdataanalytics.Basedonemploymentcontracts,

aSecurityAnalystearnsbetween

PLN18,000and22,000gross,anITSecurityOfficerbetweenPLN20,000and25,000,andaChiefInformationSecurityOfficer(CISO)betweenPLN35,000and50,000gross.Inbigdata,DataAnalystsearnbetweenPLN

12,000and18,000gross,whileDataArchitectsearnbetweenPLN20,000and30,000gross.

Conversely,industriessuchas

STRONGCITIES-POZNAŃ7

automotiveorenergy-intensive

manufacturingarerecruitingmore

cautiously.Aninterestingtrendcanalsobeseeninthesharedservice

centressector,wheredemandis

growingforhigher-valuebusiness

rolessuchasprocessanalysts,

financialcontrollers,andautomationspecialists.

“Currently,weareobservingthegreatestdemandinfinanceandIT,particularlyincybersecurity,bigdataanalytics,andprocessrestructuring.Specialistscapableofimprovingandoptimisingprocesses

generatethemostvalueforbusinesses.

Thekeycompetencyforthefuturewillbeadaptability-leaderswhocanrespondquicklytochange,adjuststrategies

flexibly,andanticipatetrends.These

abilitieshelpmaintainacompetitiveedgeinaneraofconstantchangeandthegrowinginfluenceofartificial

intelligence,”explainsSzafrański.

NEWEXPECTATIONSFROM

CANDIDATESANDEMPLOYERS

Inamatureandmorecautious

labourmarket,theexpectationsof

bothemployersandcandidatesare

evolving.Companiesareincreasinglylookingforprofessionalswho

candelivermeasurableimpact,

operateeffectivelyincomplex

environments,andremainresilienttochange.Candidates,inturn,

valuepaytransparency,sensiblehybridworkingmodels,careerdevelopmentopportunities,and

trustinrelationshipswithmanagers.Inthiscontext,theintroductionofmandatorysalaryrangedisclosure

representsasignificantshift,likelytoinfluencecandidateexpectations.Ontheotherhand,itwillalsohelpimprovealignmentandreducetheriskofdisappointment.AsMichaelPageexpertspointout,companiesthatstriketherightbalance

betweenbusinessstrategyandthe

humanaspectofworkwillhavethe

advantage.Inlightofthedemographicdecline-accordingtoEurostatdata,

around136,000peopleareleavingthelabourmarket-thisbalancewillbecrucialinthecompetitionfortoptalent.

REALESTATE

CommentarybyPiotrSulerzycki,DirectoratMichaelPage

Therealestatelabourmarketremainsacandidate’smarket.Employerscontinuetostruggletofindexperiencedprofessionals,especiallyintechnicalandmanagerialareas.

Amongthemostsought-aftercompetencies,softskillsareplayinganincreasinglyimportantrole,suchasindependence,

creativity,problem-solvingability,andrelationship-building.Digitalcompetenciesarealsogainingimportance,particularlyinmarketingandsales,wherenewtechnologicaltoolsarebecomingincreasinglywidespread.Inpropertydesignand

management,thefirstapplicationsofartificialintelligenceareemerging,althoughtheindustryisonlyjustbeginningitstechnologicaltransformation.

Thesectorstilloffersopportunitiesforprofessionalgrowth-bothforexperiencedspecialistsandthoselookingtostarta

careerinrealestate.Itisanidealtimetodeveloptechnologicalskillsandcapitalizeontheongoingindustrytransformation.Itisalsoworthnotingthatregionalsalarydifferencesarebecomingsmaller.Largenationwidecompaniestendtomaintainsimilarpaylevels,whilesmallerlocalfirmsusuallyofferslightlylowerrates.

knightFrank

ContactsinPoland

+48225965050

www.KnightF.pl

RESEARCH

DorotaLachowska

dorota.lachowska@

COMMERCIALAGENCY-WARSAWT-REPPiotrKalisz

piotr.kalisz@

CAPITALMARKETSKrzysztofCipiur

krzysztof.cipiur@

VALUATION&ADVISORYMałgorzataKrzystek

malgorzata.krzystek@

STRATEGICCONSULTINGEMEAMartaSobieszczak

marta.sobieszczak@

INDUSTRIALAGENCYPrzemysławPiętak

przemyslaw.pietak@

AsoneofthelargestandmostexperiencedresearchteamsoperatingacrossPolishcommercialrealestatemarkets,KnightFrankPolandprovidesstrategicadvice,forecastingandconsultancyservicestoawiderangeofcommercialclientsincludingdevelopers,investmentfunds,financialandcorporateinstitutionsaswellasprivateindividuals.Weoffer:

strategicconsulting,independentforecastsandanalysisadaptedtoclients’specificrequirements,

marketreportsandanalysisavailabletothepublic,

tailoredpresentationsandmarketreportsforclients.

Reportsareproducedonaquarterlybasisandcoverallsectorsofcommercialmarket(office,retail,industrial,hotel)inmajorPolishcitiesandregions(Warsaw,Kraków,Łódź,Poznań,Silesia,Tricity,Wrocław,Lublin,Szczecin)andPRSsectorinPoland.Long-termpresenceinmajorlocalmarketshasallowedourre