Katowice confirms its position on map of business services

The „Business Services Sector in Poland 2015” report was presented this week providing a comprehensive profile of business service centers with foreign capital in Poland, including an overview of selected aspects of the office space market, among others. Employment in the business services sector in Poland systematically increases. Katowice has its 7% share in the market in terms of employed people.

If it were not for the business services sector, office markets outside Warsaw would currently be at a different level of development, JLL reported. „What makes Poland so unique among all the CEE countries is the large number of urban hubs, such as Warsaw, Kraków, Wrocław, Tri-City, Katowice, Poznań, Łódź, Szczecin or Lublin. Smaller cities offering well-developed infrastructure and a trained workforce are also on the business services sector’s radar. A diversified range of properties on offer is certainly Poland’s significant asset” – commented Anna Młyniec, head of office agency and tenant representation at JLL.

How Katowice performed in this sector over the recent months? There were 11 200 people employed in 45 business services centers with foreign capital in the Katowice agglomeration at the end of April 2015. The employment growth year-on-year (April 2014 – April 2015) was below the level of 15%, while it was between 15% and 25% in other major cities: Tri-City, Łódź, Warsaw, Kraków, Wrocław and Poznań. However, if the period of the last two years is taken into consideration, the increase in the number of jobs of around 40% has been recorded in the agglomeration – the same as in Kraków, Łódź, Poznań and Tri-City.

General Motors, Perform, Sii, SMS Metallurgy, Teleperformance are belong the companies which established their centers in the agglomeration in the years 2014-2015. The data for the Katowice agglomeration was gathered among service centers operating in: Katowice, Gliwice, Sosnowiec, Ruda Śląska, Dąbrowa Górnicza and Tychy.

Potential tenants looking for offices in Katowice have a wide range of choice as there were almost 100 000 sq. meters of available space both in existing and under construction office buildings at the end of Q1 2015. The vacancy rate in the existing buildings was amounted to 13,3%. In terms of demand for office space in regional cities, Kraków, Katowice and Wrocław saw the highest amounts of hustle on the leasing market during the first three months of 2015, according to JLL.

The „Business Services Sector in Poland 2015” report was presented at the 6th ABSL conference. It was prepared by ABSL in cooperation with Antal International, Baker & McKenzie, Everest Group and JLL.

© ABSL; vacancy rate and available space in existing and under construction office buildings
© ABSL; vacancy rate and available space in existing and under construction office buildings