Berlin ($48/sqft, 7.4% vacancy) and Warsaw ($270/sqft, 11.4% vacancy) compete on different axes: Berlin on talent depth and Warsaw on rent and tax.
Berlin ($48/sqft, 7.4% vacancy) and Warsaw ($270/sqft, 11.4% vacancy) compete on different axes: Berlin on talent depth and Warsaw on rent and tax.
| Metric | Berlin | Warsaw |
|---|---|---|
| Region | EMEA | EMEA |
| Country | Germany | Poland |
| Class A rent (USD/sqft/yr) | $48 | $270 |
| Class A rent (local) | 44 EUR | 1080 PLN |
| Vacancy | 7.4% | 11.4% |
| Trend | flat | rising |
| Prime yield | 4.3% | 5.6% |
| Premium flex / seat / month (USD) | $580 | $380 |
| Submarkets covered | 5 | 5 |
| Corporate tax | 30% | 19% |
| Metric | Berlin | Warsaw |
|---|---|---|
| Typical term | 5 yrs | 5 yrs |
| Typical rent-free | 4 mos | 6 mos |
| Lease norms | Net leases dominate. 5-10 year terms; tenants frequently negotiate break options at year 3 or 5. Free rent of 3-6 months on a 5-year deal; TI of €60-€100/sqm typical. | Net leases (tenant pays opex, taxes, insurance separately). 5-7 year terms standard. Free rent of 4-9 months and TI of PLN 250-400/sqm typical. |
| Tax note | 15% federal corporate income tax plus 5.5% solidarity surcharge plus Berlin trade tax (Gewerbesteuer) of about 14.35% for an effective combined rate of about 30%. | 19% Polish corporate income tax (CIT). 9% reduced rate for small taxpayers. R&D tax credit available. Estonian-style CIT regime available for SMEs. |
| Metric | Berlin | Warsaw |
|---|---|---|
| Talent index (0–100) | 88 | 80 |
| Talent note | Deepest tech and creative talent pool in Germany. Strong feed from TU Berlin, HU, FU, and the rapidly growing Hertie School. Multilingual talent base supports non-German European HQs. | Deepest tech, banking, and business services talent in Central Europe. Strong feed from University of Warsaw, Warsaw University of Technology, and Warsaw School of Economics. Polish-English bilingual professional base. |
Berlin: BVG U-Bahn (10 lines), S-Bahn (15 lines), tram, and bus. Berlin is highly walkable and U-Bahn-served. BER airport (opened 2020) is connected via the S-Bahn S9.
Warsaw: Warsaw Metro (M1, M2 lines), tram, and bus. SKM commuter rail. Warsaw Chopin Airport is connected via SKM commuter rail (~25 minutes). Modlin Airport serves low-cost carriers.
Berlin is the cheaper Class A market on a USD basis.
Berlin has the deeper talent index (88/100 vs 80/100).
Warsaw has the lower headline corporate tax (19% vs 30%). Local incentives can change the effective rate materially.
Berlin typical term is 5 years with 4 months free; Warsaw runs 5 years with 6 months free.
Berlin: BVG U-Bahn (10 lines), S-Bahn (15 lines), tram, and bus. Berlin is highly walkable and U-Bahn-served. BER airport (opened 2020) is connected via the S-Bahn S9. Warsaw: Warsaw Metro (M1, M2 lines), tram, and bus. SKM commuter rail. Warsaw Chopin Airport is connected via SKM commuter rail (~25 minutes). Modlin Airport serves low-cost carriers.
Score Berlin, Warsaw and up to two more markets side-by-side on Class A rent, vacancy, talent, corporate tax, and premium flex pricing — all in USD.
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.