According to the latest report from global real estate services firm Cushman & Wakefield, 2023 saw the second highest supply level and the third highest take-up figure in the history of the Polish industrial market. The sector continues to enjoy strong fundamentals supporting its steady growth despite the rapidly changing macroeconomic environment.
The City Logistics report, prepared by Cushman & Wakefield, reveals how cities and city logistics, and with them logistics real estate strategies, are evolving in a post-pandemic environment. The report's findings will provide valuable guidance on how these and other factors are influencing location and operational decisions for city logistics, both now and in the future.
The 2024 European Outlook by Cushman & Wakefield is tailored for investors and property owners, our insights offer a clear path through the complexities of today’s market.
According to the latest report, leasing activity bounced back strongly on the Polish industrial market in Q3 2023. Meanwhile, development activity was largely driven by pre-lets and BTS projects, with rental rates remaining flat in most regions.
Prime headline rents in the logistics and industrial sector across European markets remain robust but the rate of increase is showing signs of slowing following a period of exceptional growth, according to new research from Cushman & Wakefield.
According to the latest report from global real estate services firm Cushman & Wakefield, gross warehouse take-up stabilized at over 1 million sq m in Q2 2023. Furthermore, at the end of June 2023, there was 2.1 million sq m under construction, with the relatively strong development activity being driven by higher rents encouraging investors to launch new projects. In addition, Poland entered the top three EU markets in terms of warehouse stock, jumping into third spot behind Germany and France.
European businesses have for years been shifting manufacturing to remote locations, targeting Asia Pacific in particular. Recent global turmoil has, however, disrupted supply chains, revealing the length and complexity of processes enabling the sourcing, transport and consumption of various products. Furthermore, the growing significance of sustainability is compelling companies to rethink their business strategies. This is naturally shifting the focus of business to nearshoring and… to Poland. Global real estate services firm Cushman & Wakefield estimates that warehouse occupancy and operating costs in Poland are even over 50% lower than in some Western European countries.
Warehouse deliveries in Poland reached a historic high in the first quarter of the year, reveals the latest report from global real estate services firm Cushman & Wakefield. Despite occupier activity remaining on a downward trend, Poland is still one of the fastest growing warehouse and logistics markets in Europe.
Take-up hits its second-highest on record as new supply sets an all-time high – that’s the story of the Polish industrial market in 2022 in a nutshell.
Total warehouse take-up in the first half of the year hit 3.8 million sq m, of which 2.2 million sq m was leased in the second quarter.
According to its data, total warehouse take-up in the first three months of this year reached 1.56 million sq m while the development pipeline hit a record 4.8 million sq m. What are the report’s other findings?
In 2021, total warehouse take-up soared to 7.5 million sq m. 3.1 million sq m of industrial space came on stream last year. The development pipeline at the end of December 2021 stood at an all-time high of 4.5 million sq m. Looking ahead, warehouse rental rates are expected to edge up.
Spadek pustostanów i dynamiczny wzrost wolumenu inwestycji – międzynarodowa firma doradcza Cushman & Wakefield podsumowuje II kwartał 2021 roku na polskim rynku magazynowym.
Product diversification on the industrial market is a multi-faceted process that has gathered pace in recent years. Newly-developed warehouse projects may vary considerably in many respects. Find out how they differ across Poland!
Despite the COVID-19 pandemic, warehouse take-up hit a record high of 1.6 million sq m, reveals an industrial market summary for Q1 2021 released by global real estate services firm Cushman & Wakefield. The strongest leasing activity was reported in Poznań, the Warsaw area, Upper Silesia and Central Poland.
