The Polish warehouse and industrial market is seeing one of the fastest growth rates globally

“The Polish warehouse and industrial market maintains its strong momentum in early 2018, driven by growing investor confidence in the national economy, further road and transport improvements, expansion of e-commerce and healthy demand for leased schemes coming from equity investors,” says Tom Listowski, Partner, Head of Industrial & Warehouse, CEE, Cresa.

According to “Occupier Insight: Industrial and Warehouse Market in Poland in 2017”, a report prepared by analysts and experts of global tenant-only real estate advisory firm Cresa, in 2017 the largest volume of new space was delivered in Warsaw. The largest warehouse and industrial completions across Poland included Panattoni BTS Amazon Szczecin, BTS Amazon Sosnowiec and Goodman BTS Zalando Szczecin.

Last year’s biggest lease transaction was Panattoni’s deal with an e-commerce operator to develop a BTS scheme in Gliwice. As a result, Upper Silesia came third in terms of leasing volumes, after Central Poland and Warsaw.

Outlook for 2018-2019

Occupier demand for warehouse and industrial space is expected to remain healthy in Poland in the next two years.

“Changes in International Financial Reporting Standards (IFRS 16) which come into effect in 2019 will also result in more international companies deciding to own strategic industrial and logistics assets as opposed to committing to a long term lease,” says Bolesław Kołodziejczyk, PhD, Head of Research & Advisory, Cresa Poland.

The Polish warehouse and industrial market is seeing one of the fastest growth rates globally

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Newmark Polska

The Industrial & Warehouse Department at Newmark Polska is a highly specialized group of experts from various backgrounds who have spent the majority of their careers in the industrial and logistics space arena.

All the members of the team have come together collectively to combine our skill sets, experience and relationships to deliver occupiers an unrivalled level of advice with one common goal: comprehensive client service and efficient selection of the best solution.

News

25.03.2024

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