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Poland’s warehouse market one of fastest growing in Europe, says report

Poland’s warehouse market one of fastest growing in Europe, report shows

15:27, 26.06.2024
  sd/kk/ew;   PAP
Poland’s warehouse market one of fastest growing in Europe, report shows The warehouse market in Poland has increased 20-fold over the past 20 years, reveals a report by professional services firm JLL which specializes in real estate and investment management.

The warehouse market in Poland has increased 20-fold over the past 20 years, reveals a report by professional services firm JLL which specializes in real estate and investment management.

Illustrative Photo by Michal Fludra/NurPhoto via Getty Images
Illustrative Photo by Michal Fludra/NurPhoto via Getty Images

Podziel się:   Więcej
According to the company, the warehouse sector in Poland is considered one of the fastest-growing in Europe and boasts some of the newest warehouses, with 54% of the facilities being built in the past five years.

The report found that following Poland’s entry into the EU, more than 30 million square meters of warehouse space have been rented, indicating a 20-fold growth in the sector over the last two decades.

The report further showed that developers have recently started introducing additional technical measures, including environmentally friendly solutions, leading to an increase in the quality of the numerous warehouse facilities currently being built.

For tenants and developers, modern technologies, automation, renewable energy, and other sustainable measures are gaining importance.

“We expect that in the coming years, the warehouse market in Poland will develop at a relatively stable, although slightly slower pace,” said Maciej Kotowski, director of research and consultancy at JLL.

“It seems relatively safe to assume that within six to eight years the market may expand by approximately 20 million square meters, as indicated by demand forecasts and the capabilities of developers.”
źródło: PAP