Poznań City Attractiveness, Office Market, and HR Trends
City Attractiveness:
- Poznań ranks highly in investment attractiveness, ranking 1st in the Most dynamically developing city in Poland category and 2nd in the ABSL ranking for attractive location in the city centre.
- The city boasts a strong economy with a GDP growth rate of 11%, an average gross salary of PLN 9,330, and a GDP per capita of PLN 139,000.
- Poznań has a well-developed infrastructure, including an airport with 3,407,127 passengers annually and 345.3 km of bike paths.
- The city offers a high quality of life, with numerous green areas (128.3 sq km), cultural events, and recreational facilities.
Office Market:
- As of Q1 2025, Poznań's office stock reached 678,000 sq m, with over 52,000 sq m under construction.
- New supply in Q1 2025 was 2,000 sq m, primarily from the Dymka 188 project.
- Demand remained stable, with over 14,000 sq m of take-up, representing a 9% increase from the previous quarter.
- The vacancy rate increased to 15%, but remained below the regional average of 17.5%.
- Asking rents ranged from EUR 11.50 to 16.00/sq m/month, with service charges between PLN 17.00 and 29.00/sq m/month.
HR Trends:
- The construction and real estate sectors in Poland face a significant succession challenge, with up to 44% of companies potentially affected.
- Many entrepreneurs over the age of 50 are considering transitioning power, highlighting the need for effective succession planning.
- Succession planning is becoming increasingly important, with a growing number of companies seeking advisory support.
- Trust is crucial for successful succession, with only 20% of family business owners reporting no difficulty in executing succession plans.
- External candidates are being considered more frequently, with family businesses opening doors to leadership from outside the inner circle.
Investor Relations:
- Poznań is a highly attractive city for investors, with global giants like Franklin Templeton, GSK, Miele, and Capgemini establishing operations in the city.
- The city offers a qualified workforce and supports modern services and IT industries.
- The City of Poznań's Investor Relations Department provides support and incentives for investors, including project management and real estate promotion.
Conclusion:
Poznań remains a highly attractive city for investment and business, with a strong economy, high quality of life, and a growing office market. The city faces challenges in the construction and real estate sectors related to succession planning, but continues to offer opportunities for both domestic and international investors.