Warsaw City Attractiveness and Office Market Overview
City Attractiveness:
- Warsaw is experiencing significant growth with a population forecasted to reach 2.132 million by 2030 and 2.249 million by 2050.
- The city boasts a high GDP growth rate of 14.9% in 2023 and an average salary of PLN 10,791.55 in the business sector.
- Strong investment attractiveness is evidenced by rankings in fDi "European Cities and Regions of the Future 2025" and the title "Best European Capital of MICE & Leisure 2026".
- High quality of life is supported by extensive green areas (47%), over 850 km of bike paths, and a robust public transport system.
Office Market:
- As of the end of 2025, Warsaw's office market reached 6.23 million sq m, with 46% located in central zones, 16% in Służewiec, and 12% in Aleje Jerozolimskie.
- Development activity remains subdued, with nearly 89,000 sq m of modern office space delivered in 2025, the lowest volume in over two decades.
- Q4 2025 saw exceptionally strong leasing activity, with 310,000 sq m leased, representing 39% of the annual take-up and a 7% increase compared to 2024.
- The vacancy rate declined to 9.1%, its lowest level in over five years, driven by limited new supply and high demand.
- Headline asking rents remained stable in central locations (EUR 18.00-32.00/sq m/month) and outside the city centre (EUR 12.00-18.00/sq m/month).
HR Trends:
- The energy sector in Poland is experiencing accelerated growth, particularly in renewables, energy storage, and offshore projects.
- High demand for specialists in renewables and offshore projects, with salaries ranging from PLN 14,000-35,000 for engineers and energy market analysts.
- Companies are offering competitive benefits packages, including flexible work models and subsidies for eco-friendly transport.
- Skills gap exists due to the education system not keeping pace with the energy transition, with universities slowly adapting their curricula.
Investment Support:
- Warsaw offers individual approach and support at every stage of investment, including administrative assistance and information on public aid.
- The city council's office provides resources for investors looking to establish businesses or branches in Warsaw.
Key Data:
- Population: 1,862,402 (as of 30.06.2024)
- City area: 517.2 sq km
- Unemployment rate: 1.6% (as of 11.2025)
- GDP per capita: PLN 217,793 (2022)
- Number of universities: 49,870
- Number of students: 261,331
Conclusion:
Warsaw remains a highly attractive city for investment and business, supported by strong economic growth, a high quality of life, and a dynamic office market. The city's office market is experiencing stable demand and declining vacancy rates, with a preference for modern, sustainable office spaces. The energy sector is driving demand for specialized skills, though a skills gap persists due to educational challenges. Warsaw offers comprehensive support for investors, ensuring a conducive environment for growth and development.
