Marketbeat: Poland warehouse market - Spring 2011 [REPORT]
Optimism prevailed in the warehouse sector during 2010. Total stock last year was 6.5 million sq.m, of which more than 300,000 sq.m was newly delivered.
Optimism prevailed in the warehouse sector during 2010. Total stock last year was 6.5 million sq.m, of which more than 300,000 sq.m was newly delivered.
Following the considerable slowdown last year, the warehouse market has staged a recovery since the beginning of 2010.
At the end of 2009 there was over 6,000,000 sq.m of space in modern warehouses in Poland.
In the first half of 2009 a record volume of modern warehouse space was delivered onto the Polish market: nearly 780,000 sq.m.
The global economic slowdown has led to the changes also on the warehouse market in Poland.
The beginning of 2008 was extremely dynamic for the warehouse space market.