Marketbeat: Poland warehouse market - Q3 2014 [REPORT]

Modern warehouse take-up in the thirdquarter of 2014 stoodatnearly450,000 sq m which is 100,000 sq m more than that witnessed in Q32013. New lease agreements accounted for 60% of total take-up, lease renegotiations made up 26%, and lease expansions around 13%. As in previous years, take-up predominantly came from logistics operators as well as companies from the automotive, electronics and food sector. Dueto Amazon’sinvestmentsin Poland, thereisa growingmarket shareof the companiesfrom the e-commerce sector.