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Flexible offices are on the rise

Business Link

The growth of the start-up culture and the high-tech sector, leading to an ever larger number of projects that require swift staff reorganisations, has sparked a boom on the Polish market of co-working space and serviced offices, as revealed by real estate advisory firm Savills in its latest report Flexible Workplaces in Poland.

Flexible workplaces include serviced offices and co-working spaces, and the two tend to be confused as both can be rented short-term. Serviced offices provide fully furnished and equipped office space, frequently with a cellular layout and administrative and maintenance support. Co-working space is focused on creating an atmosphere that fosters cooperation between users. In addition to office space, co-working providers frequently offer various business accelerators to support young entrepreneurs in their expansion.

While serviced offices have been provided in Poland for nearly two decades, the last two years saw the largest increase in the number of new co-working providers entering the Polish market. Business Link, opened in Warsaw’s Zebra Tower in 2011, was the first large co-working centre in Poland. Instrumental in its development had been Academic Business Incubators, set up in 2004. In the mid-1990s, Regus opened its first serviced office at the Sheraton Hotel in Warsaw. At present, the largest developers operating on the Polish market cooperate with flexible workplace providers. In addition to Business Link, partnered by Skanska, Echo Investment has also entered this market with CitySpace, while Ghelamco is planning to develop co-working space in its new project The Warsaw Hub. 

According to Savills, Warsaw is Poland’s largest market with nearly 84,000 sq m of flexible office space available in 95 locations. Of that total, serviced offices and co-working space account for 44,000 sq m and 40,000 sq m, respectively. With almost 15,000 sq m of flexible office space across 25 locations, Krakow is the second biggest market, followed by Poznań, whose total stock amounts to more than 8,200 sq m in 18 locations. 

According to Savills, Warsaw is Poland’s largest market with nearly 84,000 sq m of flexible office space available in 95 locations. Of that total, serviced offices and co-working space account for 44,000 sq m and 40,000 sq m, respectively. With almost 15,000 sq m of flexible office space across 25 locations, Krakow is the second biggest market, followed by Poznań, whose total stock amounts to more than 8,200 sq m in 18 locations. 

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