The 5th largest warehouse market in Poland specializes in companies providing cross-border logistics services; in 2014 the total warehouse space volume in Wrocław will break the 1 million sq m barrier.
Demand and supply balanced in 2013. The decrease of availability was effectively limited by vacated floor space returning to the market. Will the forecasted economic recovery strengthen the demand side in 2014?
Logistics operators were the most represented sector in the structure of demand but retailers are closing the gap, Warsaw Suburbs hit 2 million sq m threshold of existing supply, higher construction activity and increase in speculative volume
A limited supply of space and a lack of speculative projects is creating a supply gap despite weakening demand. Tenants need to act in good time to secure space. Such conclusion is to find in the report on industrial market in Poland.
Tenants are again actively looking for warehouse space. As report published by Jones Lang LaSalle shows, 1.69 million sq m of distribution space was leased in 2011. Such good result has not been recorded since 2008.