Occupier activity set an all-time high on the Polish industrial market in the first three months of 2018, which pushed the country’s vacancy rate down to its lowest on record. Demand came mostly from e-commerce (24%), logistics operators (23%) and retailers (19%).
2017 turned out to be the best years in the history of the modern warehouse market in Poland. Both developers and tenants showed record activity. Total take-up reached 4.09 million sq m, which is an increase of 33% compared to 2016.
At the end of June 2017, Poland’s total warehouse stock stood at nearly 11.8 million sq m. Most of the 707,000 sq m supply was delivered in Bydgoszcz-Toruń (113,000 sq m), Poznań (112,000 sq m) and Central Poland (91,000 sq m).
In Q1 2017, Poland’s total Class A warehouse stock topped 11,613,000 sq m following the completion of nearly 533,000 sq m. Total take-up hit 925,000 sq m.
-cropped.webp)
Poland’s total industrial and logistics stock surpassed the 11 million sq m mark at year-end 2016. Leasing activity remained strong for another consecutive year, leading to record high take-up, with more than 3 million sq m being transacted. The largest leasing volumes were recorded in Warsaw’s suburbs and Upper Silesia, and – of the smaller markets – in Szczecin and Bydgoszcz-Toruń.
In the third quarter of 2016 the Polish modern industrial market witnessed record breaking occupier demand totaling approximately 900,000 sq m, as revealed by the latest Polish Industrial Market Q3 2016 report.
Industrial and warehouse market in Poland - summary of H1 2016.
Industrial and warehouse market in Poland - summary of Q1 2016.
At the end of Q4 2015 total modern warehouse stock in Poland stood at 9,895,000 sqm, which is a 12% rise on the annual basis (8,855,000 sqm).
In H1 2015, only three transactions were made on the Polish industrial market totalling around EUR 149m, bringing down the investment volume by 52% compared with the same period of 2014.
The third quarter of 2015 saw a continuous increase in the developmentactivityon the modern industrial market in Poland. Total warehouse stock was nearly 9,677,000 sqm which is a 13% rise on the annual basis (8,567,000 sqm).
This second quarter of 2015 saw a continuous increase in the development and leasing activity on the modern industrial market in Poland. Total warehouse stock was nearly 9,312,800 sqm.
Supply at the end of the first quarter of 2015 stood at over 290,000 sqm posting a slight increase compared with the first quarter of 2014. Poznan region accounted for the largest amount of space delivered to the Polish market (52%).
In 2014 transaction volume on the Polish industrial market hit a record high of EUR 741m. Very strong investment activity pushed the trading volumes up by 68% compared with 2013 and by 60% compared with 2012.
The Polish modern warehouse market in2014 reported very positive resultsand showedsignsof expansion.Total modern warehouse stock exceeded 8,850,000 sq m.
