2026 Poland Market Otlook event slides ENG

End of pick&choose in Warsaw

Key market metrics for Warsaw

0 100 000 200 000 300 000 400 000 500 000 600 000 700 000 800 000 900 000

10% 12% 14% 16%

0% 2% 4% 6% 8%

-4% -2%

2015 2016 2017 2018 2019 2020 2021

2022 2023 2024 2025 2026F 2027F 2028F

New supply (sq m)

Demand (sq m)

Vacancy (%)

Annual rental growth in City Centre West (%)

Source: CBRE Research