After two years of the pandemic, rampant inflation and the outbreak of war in Ukraine have burdened literally almost every branch of the economy, including the commercial real estate market.

Existing office stock in the 8 key regional cities approached 6.3 m sqm at the end of the first quarter. In the analyzed period, the markets grew by nearly  244 k sqm.

Between the pandemic, the war, rising prices and increasingly frequent warnings of recession — these are the conditions in which the retail sector operated in the first quarter of 2022.

Warsaw's total office stock at the end of the first quarter approached 6.24 million sqm, of which over 93,000 sqm of modern space was delivered for use between January and March 2022.