1Q2022 – summary of the warehouse market in Poland

✅ 25 million sq m – warehouse resources in Poland. Interestingly, in 2012 they amounted to 7 million sq m and in the next 5 years they increased by 60% to 11.5 million sq m to double again to this day. In 2023, it is to be 30+ million sq m.

✅ 4.8 million sq m – investments under construction, of which approximately 50% have been secured with lease agreements.

✅ 3.3% – vacancy rate (-0.5% quarter on quarter).

✅ 5-15% – rent increase. Headline rents are € 3.00-4.30 sq m / month for BIG-BOX projects and € 4.30-5.50 sq m / month for City Logistics / Small Business Units projects.

✅ 74% of the volume demand is new contracts and 26% are contract renegotiations.

✅ The main tenants of warehouses are companies from the logistics, distribution, courier and production industries.

Source: Cushman & Wakefield