Warsaw Class A is currently rising with 11.4% headline vacancy — trophy is structurally tighter than the broader market suggests.

  • Headline vacancy: 11.4%; trend rising.
  • Cycle is bifurcated: trophy is tight; secondary Class A and Class B are loose.
  • Construction pipeline is largely visible 36–60 months ahead.
  • Use cycle position to time renewal vs. relocation decisions.

Warsaw Class A market cycle position

Warsaw Class A is currently rising with 11.4% headline vacancy — trophy is structurally tighter than the broader market suggests.

TL;DR

  • Headline vacancy: 11.4%; trend rising.
  • Cycle is bifurcated: trophy is tight; secondary Class A and Class B are loose.
  • Construction pipeline is largely visible 36–60 months ahead.
  • Use cycle position to time renewal vs. relocation decisions.

Read the bifurcation

Warsaw's broad Class A index reads 11.4% vacancy and trends rising. That headline masks a real bifurcation — trophy product (Wola) is structurally tight; older Class A and Class B carry the long tail. Cycle decisions should be made at the submarket and tier level, not at the headline.

Time your decision

For occupiers up at renewal: a softening market favours staying or relocating to better-quality stock at attractive terms. A tightening market favours early renewal and locking in expansion options.

Key facts

cityWarsaw
countryPoland
regionEMEA
classARentLocal1080 PLN/sqft/yr
classARentUsd$270/sqft/yr
vacancy11.4%
typicalLeaseYears5
typicalRentFreeMonths6
submarkets5
primeYieldPct5.6%

Frequently asked questions

Where is Warsaw Class A in its cycle?
Headline trend is rising with 11.4% vacancy. Trophy is structurally tighter than the index suggests.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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