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.
The first half of 2011 brought confidence to the warehouse occupancy market. Transaction volume totalled 941,000 sq.m, which accounted for 66% of 2010’s take-up.
Optimism prevailed in the warehouse sector during 2010. Total stock last year was 6.5 million sq.m, of which more than 300,000 sq.m was newly delivered.
Following the considerable slowdown last year, the warehouse market has staged a recovery since the beginning of 2010.
At the end of 2009 there was over 6,000,000 sq.m of space in modern warehouses in Poland.
In the first half of 2009 a record volume of modern warehouse space was delivered onto the Polish market: nearly 780,000 sq.m.
The global economic slowdown has led to the changes also on the warehouse market in Poland.
The beginning of 2008 was extremely dynamic for the warehouse space market.
