Poland on the global logistics map - transforming challenges into opportunities.
Please find a very interesting special report on the logistic market from Poland Weekly - Poland on the global logistics map - transforming challenges into opportunities.
Our Managing Director Szymon J. Ostrowski comments on Poland's position on Europe’s logistics map in the context of covid-19 and ongoing war.
Source: Poland Weekly
Still strong demand for warehouses in Poland
According to Colliers, despite higher rents, the interest of tenants on the warehouse market in Poland is not weakening. Below is a summary of data for Q3 2022:
🆕 1.2 million sq m - this is how much the warehouse market in Poland has grown. At the same time, approximately 1.5 million sq m was leased.
📶 20-40% - this is how much rents in Poland increased compared to the previous year.
🅾️ Almost 0 - is the level of vacancy in investments commissioned for use.
♻️ Green buildings are in demand - in the face of rising energy prices and the ESG trend, tenants and developers are increasingly investing in ecological solutions in their buildings.
Source: Puls Biznesu
First Newport Logistics Fund Business Mixer!
Yesterday we had the pleasure of hosting our investors and friends of our fund during the Newport Logisics Fund Business Mixer!
We would like to thank everyone for coming as well as Justynie Kędzierskiej-Klukowskej from Berlin Hyp AG, Krzysztofowi Sieczkowskiemu from PwC Polska, Pawłowi Partyce from Cushman & Wakefield and Michałowi Stanisławskiemu from Panattoni for a very interesting debate during which we talked about the state and future of the warehouse market in context of the current geopolitical situation.
Numbers for Q3 2022
The data for 3Q 2022 are here and they are very optimistic for the Polish warehouse and industrial market! According to CBRE Poland research the situation is the following:
🏭 27 million sq m - stock of industrial and warehouse space (+5% Q/Q & 18% y/y),
👷 4 million sq m+ - space under construction,
🆓 3.7% - vacancy rate (despite 3.4 million sq m of new space delivered),
🆕 5.1 million sq m - total gross take-up since the beginning of 2022,
💶 EUR 3.3-4.7/sq m/month - base rent for modern warehouse space in the main regions of Poland.
2023 - year of change for supply chains
According to HSBC survey, 42% of corporate decision-makers see an urgent need to overhaul their supply chains in 2023.
Warehouses are the key element to keeping supply chains in order and help in shortening the supply chains.
Source: Bloomberg
Newport Logistics Fund joins Polish-Luxembourg Chamber of Commerce
Newport Logistics Fund enters Polish-Luxembourg Chamber of Commerce as a new member!
As a Luxembourg-based company, this was a natural step for us. We look forward to exchanging experiences in an international environment!
The organisation was established in January 2019, bringing together entrepreneurs from Poland and Luxembourg representing various sectors of the economy.
Jarosław Sroka and Rafał Sosna join Newport Logistics Fund Supervisory Board
We welcome Jarosław Sroka and Rafał Sosna in the Newport Logistics Fund Supervisory Board.
Rafał Sosna has extensive experience in investment banking, gained during 14 years of cooperation with UBS Investment Bank, and private equity, having worked for Advent International, Penta Investments and BXR funds and carrying out buy-out or growth financing transactions in the CEE region. He has been running his investment activity for over ten years. He graduated from Warsaw University of Technology (MSc) and INSEAD (MBA).
Jarosław Sroka is an expert on corporate communications and the media market. For many years a journalist and editor-in-chief of leading Polish business journals such as Gazeta Prawna, Puls Biznesu, and Newsweek Polska.
In 2009 Jarosław was appointed to the Management Board at KI One, responsible for overseeing corporate communication, investor relations, marketing, and public affairs. He is also a member of the Warsaw Stock Exchange Information Governance Council and the Capital Market Leaders Academy Program Council, a member of the Supervisory Board at the Civil Development Forum, a member of the Council of Patrons of the POC, a member of University Councils of the Wroclaw University of Economics and Business, Member of Executive Education Advisory Board of Leon Kozmiński Academy, President of PGA Poland.
He is a graduate of the Institute of Journalism at Warsaw University and has also studied at the prestigious IESE Business School, part of the University of Navarra in Barcelona, and at the Higher School of Insurance and Banking in Warsaw.
All you ever wanted to know about nearshoring, nearsourcing and reshoring but was afraid to ask...
Please find very interesting report done in collaboration between Reuters Events and A.P. Moller - Maersk that gives a deep dive into this subject in the context of post covid world. Our summary below: