Poland’s total industrial stock reaches 16.89 million sqm

Poland’s total industrial stock reaches 16.89 million sqm

Published at: 2019-09-06 09:42 | Author: CIJEurope.com
At the end of June 2019, Poland’s total industrial stock had grown to 16.89 million sqm, an 18 percent increase y-o-y and up by 7 percent compared to the end of 2018. The industrial market has been on a strong growth trajectory for over five years, driven largely by the nation’s buoyant economy, further improvements to its transport infrastructure and the expansion of e-commerce. “This growth has continued both on the core warehouse markets such as Warsaw, Upper Silesia, Central Poland, Poznań and Wrocław, accounting for 81 percent of Poland’s total supply, and on smaller regional markets that are seeing their potential grow thanks to the development of expressways and motorways, and easier access to labour,” said Adrian Semaan, Consultant, Industrial and Logistics Agency, Cushman & Wakefield. “Brand new locations are also emerging on Poland’s logistics map. These include Częstochowa, located by the A1 motorway, as well as Kielce, by the S7 expressway, and Legnica, near the S3 expressway, which are seeing development activity pick up,” said Semaan.

Similar Stories:

SFG Walton KY to build two spec industrial buildings in Kentucky
SFG Walton KY has obtained a $38.81m loan from Trez Forman Capital for the construction of  »
Coca-Cola buys Sarasota distribution facility for $7m
Coca-Cola Beverages Florida acquired a 104,345 sq ft distribution facility in Sarasota, Fl  »
Panattoni to develop 800,000 sq ft business park in Miami
Panattoni has purchased a 20-acre industrial land parcel in Miami for $24m. Located on NW  »
ILPT secaures $350m to reduce outstanding borrowings
Industrial Logistics Properties Trust has obtained a $350m loan to reduce outstanding borr  »
The industrial sector of commercial real estate has changed radically over the past few ye   »
industrial logistics brokers are relying increasingly on data to help them find the best p   »
Scott Gregory, market officer at Prologis in Florida, says the breakdown can be seen geogr   »