Marketbeat: Poland warehouse market - Spring 2013 [REPORT]

04 march 2012

Marketbeat: Poland warehouse market - Spring 2013 [REPORT]


2011 was a very strong year for the warehouse market in Poland, with both supply and demand surpassing figures recorded in 2010. Supply rose by around 5% over the year, with take-up totalling nearly 1,900,000 sq.m, a 34% increase compared with 2010. At the end of 2011, close to 370,000 sq.m was under construction with total warehouse stock exceeding 7 million sq.m.

Most projects were on a built-to-suit basis or subject to a prelet. However, worth noting is that in locations where quality space was scarce, developers often constructed an additional speculative component on the back of a pre-let being secured. Almost all regions reported lower vacancy rates, which pushed rents up slightly in some locations where supply was limited.


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