How is the Polish warehouse sector compared to the CEE region? - Cushman & Wakefield report
Against the background of the region, Poland fares very well with the potential for further growth.
✅ There are 46 million m2 of warehouse space in the entire region (54% of which is in Poland),
✅ The vacant space is 3.8%,
✅ Despite the highest supply (currently 4.5 million m2 is being built in Poland), the demand is growing dynamically every year (+ 50% for the last 12m).
✅ Logistics leads the way in the demand for warehouse space. Automotive and e-commerce will take 2nd and 3rd place, respectively.
✅ E-commerce in Poland is below 10% share in sales (vs. 15% in Germany and the Czech Republic and 19.6% globally).
✅ Rents in Poland are starting to rise, although they are still 44% lower than in the Czech Republic.
Source: Cushman & Wakefield
How does the war in Ukraine affect the warehouse market?
The situation is dynamic, but what you can see at the moment is:
✅ increase in demand for warehouses caused by the influx of companies from Ukraine and those leaving Russia,
✅ Poland is well positioned geographically,
✅ the supply of new warehouses is low, which, coupled with high demand and higher construction costs, will increase rents.
Source: Property News
Global transport problems create even higher demand for storage
“For most companies, today’s dysfunctional supply chains are a headache and a cost. (…) That points to stockpiling, which should boost demand for warehouses”.
Source: Wall Street Journal
Newport Logistics Fund established
It is our pleasure to inform that on the 4th of April 2022 Newport Logistics Fund S.C.Sp., SICAV-RAIF was established in Luxembourg as an investment company.
The investment objective of the Fund is to finance the full investment cycle related to the construction and commercialisation of various types of warehouse properties, located in strategic areas with good access to infrastructure. The fund will focus its activities on investments in Poland and European Union.
On the 11th of April 2022, Newport Logistics Fund S.C.Sp., SICAV-RAIF was registered on the official list of reserved alternative investment funds (RCS - Registre du commerce et des sociétés). This communication does not represent an offer to purchase partnership units or any other securities.
