Investing in land can be a profitable and forward-looking strategy for capital allocation, especially in times of inflation when real estate can serve as a hedge against the loss of money's value. However, to succeed in this field, it is crucial to accurately assess and analyze the risks associated with selecting the right property. Several key factors must be taken into account in this process. We will discuss all of them in our article. Let's get started!
Panattoni has commenced the construction of a new warehouse – Panattoni Park Bieruń I. This investment, covering nearly 20,000 sqm, is located near major transport routes in Silesia. The construction is scheduled to be completed by February 2025.
Tomasz Bulej has been promoted to Associate in the Industrial and Logistics team
Prime Logistics Wrocław and Global logistics service provider LX Pantos has signed a lease for 100,000 sq m. The transaction saw LX Pantos renegotiate its contract and expand to a new building to consolidate its warehouse space in a single location. This marks the largest warehouse deal in Poland this year. LX Pantos has involved during the negotiation process and lease strategy development by global real estate services firm Cushman & Wakefield. CBRE advised the owner of Prime Logistics Wrocław, Brookfield Properties.
Very diverse demand patterns, a strategic location near key foreign markets, well-developed infrastructure and a large consumer market of 4.5 million people – the list of factors driving investors to invest capital in Silesia is long indeed. This is best illustrated by an overview of the Silesian warehouse and industrial market contained in Mines of Business, the latest report from global real estate services firm Cushman & Wakefield. Of all Polish regions, Silesia saw the highest level of new warehouse completions in 2021-2023, outdistancing the runner-up Mazovia by almost 10%. It is also ahead of other leading CEE locations and has an appetite for more, reveals the report.
According to the latest report from global real estate services firm Cushman & Wakefield, occupier demand was notably weaker on the Polish industrial market in the first quarter of 2024. However, despite a double-digit decline in take-up, Poland was one of the most active leasing markets in Europe. Development activity also stabilised, but this year’s new supply is forecast to be the fourth highest in the history of the Polish industrial market
MEDiVET S.A., a leading provider of veterinary services and products, has leased more than 6,500 sq m of warehouse and office space in Fortress Logistics Park Bydgoszcz. It was advised by global real estate services firm Cushman & Wakefield for the choice of location and during the lease negotiations and preparation of warehouse technical specifications. Legal advice to Fortress Logistics Real Estate during the lease negotiations was provided by Legal Hub Wojnarowska Ścigała Irlik sp. j.
The availability of attractive investment land is dwindling, and competition for these sites is set to intensify. Undeveloped plots, located on the outskirts of major cities or near transport hubs, are highly desirable for manufacturing, warehousing, and logistics industries due to their proximity to markets and human resources. However, suitable vacant lands are becoming scarce. Developers and investors in the industrial and logistics sectors are increasingly turning their attention to post-industrial sites—brownfield plots. What are the differences between greenfield and brownfield lands? What challenges do we face when selecting land for investment? Interested in this topic? Enjoy reading!
According to the latest report from global real estate services firm Cushman & Wakefield, 2023 saw the second highest supply level and the third highest take-up figure in the history of the Polish industrial market. The sector continues to enjoy strong fundamentals supporting its steady growth despite the rapidly changing macroeconomic environment.
GLP has begun construction of a warehouse centre in Stary Konik, located directly on the eastern border of Warsaw. The approximately 37,000 sq m facility will be equipped with environmentally friendly solutions that will lead to a significant reduction in CO2 emissions during the building's exploitation. GLP Warsaw VI Logistics Centre will become the most energy-efficient building in GLP's portfolio in Poland.
MAN Truck & Bus plans to expand its logistics centre in Salzgitter, Lower Saxony. The foundation stone laying ceremony was attended by representatives of the company and authorities, including the mayor of Salzgitter and the state secretary of the Lower Saxony Ministry of Economic Affairs. Operations at the new facility are scheduled to begin in mid-2025.
DB Schenker and Ledvance, a company offering innovative lighting products and solutions, have decided to expand their area of cooperation to Poland. Currently, the logistics operator is responsible for the inland transport and distribution of shipments in 23 directions in Northern, Central and Eastern Europe and the import of Ledvance goods from China to Poland and the Czech Republic in ocean transport.
Hillwood Polska and Polski Holding Nieruchomości are working on creating a joint entity that will be responsible for the development of a new investment in Zgorzelec. The companies are waiting for a decision from the president of UOKiK (Office of Competition and Consumer Protection).
Around 4 million sq m of warehouse space in the Łódz province is dedicated to e-commerce operations, according to data from global real estate services firm Cushman & Wakefield, making it the second most popular destination for online retailers in Poland. Another contributor to the appeal of the Łódź market is the recently completed motorway orbital route around the city, which has significantly increased the region’s chances of attracting new investments and warehouse projects. Land secured in the Łódź province by developers offers 2.5 million sq m of warehouse development opportunities, says Cushman & Wakefield in its report Tailor Your Business in Łódź. Warehouse & Production Market in Central Poland.
