Poland’s warehouse and industrial stock has already surpassed 15 million sqm, according to Cresa. Central Poland stands out against other regions in terms of new supply which topped 253,000 sqm in the third quarter. The region’s leasing activity hit 134,000 sqm, while its vacancy rate stood at just 1.5 percent. There is currently nearly 600,000 sqm of modern warehouse and industrial space under construction. “Benefiting from its strategic location, availability of motorways and expressways, and cross-docking terminals in Łódź and Kutno, central Poland attracts strong interest from logistics, retail and e-commerce operators. The volume of warehouse space under construction rose by 57.2 percent on the same period in 2017. Despite the robust occupier interest in the region, nominal rents remain flat at €2.60 to €3.60 per sqm,” said Jowita Spiżarska, advisor for the industrial and warehouse department at Cresa Poland.
