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.
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.
The City Logistics report, prepared by Cushman & Wakefield, reveals how cities and city logistics, and with them logistics real estate strategies, are evolving in a post-pandemic environment. The report's findings will provide valuable guidance on how these and other factors are influencing location and operational decisions for city logistics, both now and in the future.
The 2024 European Outlook by Cushman & Wakefield is tailored for investors and property owners, our insights offer a clear path through the complexities of today’s market.
According to the latest report, leasing activity bounced back strongly on the Polish industrial market in Q3 2023. Meanwhile, development activity was largely driven by pre-lets and BTS projects, with rental rates remaining flat in most regions.
Prime headline rents in the logistics and industrial sector across European markets remain robust but the rate of increase is showing signs of slowing following a period of exceptional growth, according to new research from Cushman & Wakefield.
Wind power, which accounts for approximately 2% of total electricity supply, is at the global forefront of green solutions and growing well ahead of traditional energy technologies and other renewable energy sources. One of the most prospective regions in Poland for this sector is Western Pomerania. According to Catching the Business Wave of Logistics and Warehousing in Western Pomerania, a report from global real estate services firm Cushman & Wakefield, this region is already seeing professional large-scale wind farms being established and is a clear leader in terms of economic potential for wind power with 14,000 MW, 40% ahead of Pomerania and Lower Silesia.
According to the latest report from global real estate services firm Cushman & Wakefield, gross warehouse take-up stabilized at over 1 million sq m in Q2 2023. Furthermore, at the end of June 2023, there was 2.1 million sq m under construction, with the relatively strong development activity being driven by higher rents encouraging investors to launch new projects. In addition, Poland entered the top three EU markets in terms of warehouse stock, jumping into third spot behind Germany and France.
More than 1 million sq m of Western Pomerania’s existing warehouse stock is dedicated to e-commerce operations, reveals a report from global real estate services firm Cushman & Wakefield Catching the Business Wave of Logistics and Warehousing in Western Pomerania. Its further growth in the region is expected to be driven by nearshoring, with new investment coming largely from Scandinavia and Germany.
European businesses have for years been shifting manufacturing to remote locations, targeting Asia Pacific in particular. Recent global turmoil has, however, disrupted supply chains, revealing the length and complexity of processes enabling the sourcing, transport and consumption of various products. Furthermore, the growing significance of sustainability is compelling companies to rethink their business strategies. This is naturally shifting the focus of business to nearshoring and… to Poland. Global real estate services firm Cushman & Wakefield estimates that warehouse occupancy and operating costs in Poland are even over 50% lower than in some Western European countries.
Warehouse deliveries in Poland reached a historic high in the first quarter of the year, reveals the latest report from global real estate services firm Cushman & Wakefield. Despite occupier activity remaining on a downward trend, Poland is still one of the fastest growing warehouse and logistics markets in Europe.
Recent years have seen rapid growth in major infrastructure projects in West Pomerania which have significantly improved transport accessibility to the region and its investment potential. These developments have also bolstered the growth of the local industrial market, whose stock increased sixfold since 2016. West Pomerania now stands a chance of attracting more investment as developers have secured land to deliver as much as 900,000 sq m of warehouse and logistics space in the region, reveals the report “Catching the Business Wave of logistics and warehousing in Western Pomerania”.
Take-up hits its second-highest on record as new supply sets an all-time high – that’s the story of the Polish industrial market in 2022 in a nutshell.
The courier, express and postal (CEP) parcel market in Poland has been enjoying continuous, double-digit growth for several years, and its value has already exceeded PLN 17 billion – according to the latest "Polish CEP Report 2022", prepared by Last Mile Experts, 7R and Cushman & Wakefield’s advisory agency
