The Polish modern warehouse market in the thirdquarter of 2014 reported very positive results. Total modern warehouse stock exceeded 8,500,000 sq m.
The Polish modern warehouse market in the second quarter of 2014 reported very positive results. Total modern warehouse stock exceeded 8,200,000 sq m.
Investment activity surged in the warehouse sector with EUR 307.6m of deals in H1 2014, a rise of 77% on H1 2013. The strong performance of the industrial market was supported by a number of portfolio transactions with a large average lot size.
The Polish modern warehouse market in the first quarter of 2014 still reported positive results. Total modern warehouse stock exceeded 8,100,000 sq m.
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.
Investment activity on the Polish warehouse market was strong in the first half of 2013 with the transaction volume of around EUR 173m and the largest share in this volume of the sale of a 50% stake in Prologis’ portfolio to the Norwegian sovereign wealth fund Norges Bank Investment Management.
The Polish modern warehouse market in the first quarter of 2013 was stable. Total modern warehouse stock reached 7,600,000 sq m. Take-up in Q1 of 2013 was more than 375,000 sq m.
Transaction volume on the industrial market in 2011 totalled EUR 165m, a 25% fall on 2010. However, this underperformance was not the effect of worsening economic conditions but of the market low liquidity – one large sale can affect the results for the whole sector.