Despite the COVID-19 pandemic, warehouse take-up hit a record high of 1.6 million sq m, reveals an industrial market summary for Q1 2021 released by global real estate services firm Cushman & Wakefield. The strongest leasing activity was reported in Poznań, the Warsaw area, Upper Silesia and Central Poland.
While many sectors remain hit hard by the pandemic, the industrial market is seeing strong growth. Experts of Cushman & Wakefield look to the future with optimism and indicate key directions of growth for the market.
The year 2020 in the warehouse market was a record year in terms of the level of demand, which reached almost 5 million sq m! Check out the latest Marketbeat report prepared by Cushman & Wakefield experts.
Poland's capital city has become one of the most attractive locations for data center facilities in the CEE region - according to the report "Data Centre European Secondary Markets".
The warehouse market in Poland is pandemic-proof. It is currently the fastest growing commercial real estate sector. In Q3 2020, developers delivered nearly 680,000 sq m, and the total stock of modern warehouse space exceeded 20 million sq m.
According to the latest report by Cushman & Wakefield, the trend of slow rental growth and yield changes in the European commercial real estate markets continued in Q3 2020.
According to global real estate services firm Cushman & Wakefield, in H1 2020, lease agreements amounting to 55% of last year’s volume were signed in Poland, the Czech Republic, Romania, Slovakia and Hungary, totalling 3.7 million sq m. This is 10% more than in H1 2019.
How did ecology entered the warehouse space? Download for free the first eco-encyclopedia about industrial & logistics market in Poland!
The Polish industrial market continues its strong momentum. Both take-up and supply reached high levels in H1 2020, say experts of global real estate services firm Cushman & Wakefield, summarising the first half of 2020 on the industrial market in Poland.
The first quarter of 2020 ended on the industrial market with good results on both the demand and supply side. Poland’s total warehouse stock surpassed the 19 million sq m mark
2019 was another very successful year for the Polish warehouse market. Both developers and tenants remain extremely active, as shown by the record supply of over 2.7 million sq m and the high demand, which has reached 4 million sq m for the third consecutive year.