Marketbeat: Poland warehouse market - Autumn 2014 [REPORT]
11 march 2014
![Marketbeat: Poland warehouse market - Autumn 2014 [REPORT]](https://industrial.pl/storage/posts/March2019/MARKETBEAT_report Spring 2014.webp)
Contents
Transaction volume on the industrial market in 2013 totalled around EUR 0.44bn, a fall of around 5% on the value recorded in the peak year of 2012. The robust growth was fuelled in recent years by a large supply of new and nearly 100% let warehouse, logistics and industrial properties in attractive locations.
Properties leased for at least ten years to single tenants with strong credentials continue to attract major investor interest as illustrated by the US fund W.P. Carey’s acquisition of the central warehouse of fashion retailer H&M in Poznań for EUR 64m. Such properties offer steady income for many years giving vendors high revenue upon sale. Yields for such schemes stand at 7.00% compared with 7.50–7.75% for properties let to many tenants under a standard five to seven year lease.