Total office stock in Tricity reached 924,000 sq m at the end of June 2021. In H1 2021 almost 35,000 sq m was delivered in 3 projects. Additionally, at the end of June 2021 approximately 100,000 sq m was under construction, of which over 50% is scheduled to be delivered by the end of 2021. Together with substantial developer activity, even despite the pandemic, the tenant interest in the Tricity (Gdańsk and Gdynia) market is not weakening.
From January to June 2021 over 72,000 sq m was subject to lease, accounting for 27% of total regional take-up. Due to high tenant and developer activity, the vacancy rate in Tricity remains stable.
It increased by 0.1 pp. over the quarter and at the end of June 2021 stood at 9.2%. It is the third lowest result in the largest cities in Poland.
If you want to know more about Tricity, please have a look at the full report: https://reports.knightfrank.com.pl/strongcities_h12021