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Labour force
SSC/BPO sector essentials
Office stock
City SWOT analysis
Office demand
SWOT
ANALYSIS
W
E
A
K
N
E
S
S
E
S
T
H
R
E
A
T
S
O
P
P
O
R
T
U
N
I
T
I
E
S
S
T
R
E
N
G
T
H
S
Typical lease terms
SERVICE CHARGE
PLN / sq m / month
FIT-OUT BUDGET
EUR / sq m
RENT-FREE
months
PARKING
EUR / space / month
P
Office rents
Krakow
Number
of companies
103
Employment
30,000
Specialization
IT, Finance & accounting
Tholons 2014
ranking
9
th
Position
Min
Max
Transition Manager
12,000 20,000
Process Specialist
8,000 10,000
Team Leader
7,000 12,000
Senior Accountant
5,500
8,000
Accountant
3,800
6,000
Junior Accountant
2,800
4,500
Position
Min
Max
Financial Controller
8,000 16,000
Project Manager
6,500 12,000
Business Analyst
6,000 9,000
KYC Analyst
3,500 7,000
AML Analyst
3,500 7,000
Fund Accountant
3,500 6,000
EXISTING
(sq m)
752,000
UNDER CONSTRUCTION
(sq m)
95,000
PLANNED BY THE END OF
2017 (sq m)
102,000
PRIME
EUR / sq m / month
14.0
AVERAGE
EUR / sq m / month
13.5
EFFECTIVE
EUR / sq m / month
12.0
PRIME YIELDS
%
7.2
Inhabitants
761,900
Students
166,000
Graduates
46,500
Universities
21
Gross salaries in financial sector
Gross salaries in banking sector
4%
Vacant
A-class stock
•
Third largest agglomeration in Poland
•
Convenient access to public transportation
and road infrastructure
•
Second highest availability of students
•
Great recognition as one
of the top world
outsourcing destination
•
International Airport
•
Undefined business districts
•
Bureaucratic barriers
•
Limited support from local authorities
•
Low availability of immediate leasing
options
•
Strengthening position of
the city
•
Stable rental levels
•
Increasing number of options
due to high amount of space under
construction
•
Development of infrastructure
•
Attractive touristic region
•
High density of
outsourcing companies
•
Strengthening competition
for talents
•
Growing number of new
occupiers coming to the city
•
High number of expanding existing
companies
•
Competition from other cities (especially
Katowice)
13-15 150-200
50-65
6-9
Poland Office Destinations
Krakow
Source: GUS, 2015
Source: ABSL, CBRE, Oxford Economics, Tholons 2015
Source: Antal, 2015
(PLN/month)
Source: Antal, 2015
(PLN/month)
TAKE UP 2014
(sq m)
115,000
ABSORPTION 2014
(sq m)
104,000
OCCUPIED BY BPO 2014
(in %)
52%
36%