2022-12-06

Poland leads thanks to low operational costs

What’s going on in warehouses after Q3 2022? There’s a lot going on, but it can be summed up quickly as follows:

27.4 million sq m (+18% year to year) is the warehouse stock in Poland.
+25% is the average increase in rents (year to year).
+7% year-to-year growth, i.e. 5.4 million sq m of new space after three quarters of 2022.
Net demand, including new contracts and expansions, amounted to 3.8 million sqm.
70% of the domestic demand for warehouses comes from the Łódź region (it’s good that we have a warehouse there), Silesia, Mazowsze, Wielkopolska and the Lower Silesian Voivodeship.
-62% and -34% are the costs of warehouse rental, energy consumption and labor in Poland compared to Germany and the Czech Republic.

NEWPORT LOGISTICS FUND invests in warehouses all over Europe, including Poland!