10. Februar 2012 
Print
Print
2011 a very good period for Polish warehouse market
Colliers International releases its annual report on industrial market in Poland. The report describes the situation on the Polish market in terms of demand, supply, vacancy and rental rates. Colliers also presents its prognosis for the current year. 2011 in comparison with 2010 turned out to be a very good period for the Polish warehouse market. During 2011, almost 380,000 m² of modern warehouse space was delivered to the market, which represented a 40% growth in comparison to 2010. The largest amount of new projects was added to the Upper Silesia market.
„It was definitely a record year for the Industrial and Logistics Agency at Colliers. We brokered over 550 000 m² of space which constituted over 50% of all transactions closed in Poland. We have received many words of appreciation and despite the less positive prognosis for this year we wish to repeat this success.” – comments Maciej Chmielewski, Partner, Industrial and Logistics Agency at Colliers International. The total supply of warehouse space in Poland currently amounts to 6.8 million m².
In terms of transaction volume, 2011 represented an increase in comparison with 2010. Almost 1.8 million m² of modern warehouse space was leased, resulting in a 20% increase from the previous year. Demand throughout the year was fairly steady, however during the third quarter the highest volume of transactions was reached (nearly 30% of transactions generally). Most lease agreements were signed in Warsaw (Zone II) and in Upper Silesia. New deals, most of them of a “pre-lease” type, constituted 60% of tenants’ activity. In comparison to Q4 2010 the vacancy rate in Poland dropped significantly from 13.8% at the end of 2010 to 11.4% at the end of 2011. A decrease in available space was observed in most markets.
Over the year, rents remained basically stable and an upward trend was noticed only in regions where the vacancy rate was low.
Supply
Supply of modern warehouse space in three zones in Warsaw at the end of 2011 amounted to 2.54 million m². Throughout the year approximately 80,000 m² were delivered to the market, of which nearly 74% were in Warsaw zone II.
Colliers estimates that at the end of 2011 the total resources of warehouse space in central Poland amounted to 950,000 m² whereas in Poznań slightly over 846,000 m². Upper Silesia - the second largest warehouse market in Poland – shows the level of supply at over 1.33 million m². Other cities included in Colliers’ Report offer the following amount of warehouse space: Wrocław over 640,000 m², Gdańsk reached 136,000 m², Kraków approximately 115,000 m², Toruń less than 100,000 m². Resources in Szczecin have remained unchanged for several years and amount to nearly 42,000 m².
„It was definitely a record year for the Industrial and Logistics Agency at Colliers. We brokered over 550 000 m² of space which constituted over 50% of all transactions closed in Poland. We have received many words of appreciation and despite the less positive prognosis for this year we wish to repeat this success.” – comments Maciej Chmielewski, Partner, Industrial and Logistics Agency at Colliers International. The total supply of warehouse space in Poland currently amounts to 6.8 million m².
In terms of transaction volume, 2011 represented an increase in comparison with 2010. Almost 1.8 million m² of modern warehouse space was leased, resulting in a 20% increase from the previous year. Demand throughout the year was fairly steady, however during the third quarter the highest volume of transactions was reached (nearly 30% of transactions generally). Most lease agreements were signed in Warsaw (Zone II) and in Upper Silesia. New deals, most of them of a “pre-lease” type, constituted 60% of tenants’ activity. In comparison to Q4 2010 the vacancy rate in Poland dropped significantly from 13.8% at the end of 2010 to 11.4% at the end of 2011. A decrease in available space was observed in most markets.
Over the year, rents remained basically stable and an upward trend was noticed only in regions where the vacancy rate was low.
Supply
Supply of modern warehouse space in three zones in Warsaw at the end of 2011 amounted to 2.54 million m². Throughout the year approximately 80,000 m² were delivered to the market, of which nearly 74% were in Warsaw zone II.
Colliers estimates that at the end of 2011 the total resources of warehouse space in central Poland amounted to 950,000 m² whereas in Poznań slightly over 846,000 m². Upper Silesia - the second largest warehouse market in Poland – shows the level of supply at over 1.33 million m². Other cities included in Colliers’ Report offer the following amount of warehouse space: Wrocław over 640,000 m², Gdańsk reached 136,000 m², Kraków approximately 115,000 m², Toruń less than 100,000 m². Resources in Szczecin have remained unchanged for several years and amount to nearly 42,000 m².
