Europe's industrial real estate market is maintaining its pace of growth, according to the 'Made in Poland' report, a comprehensive guide for investors - manufacturing companies considering setting up operations in Poland, as well as those already present and expanding in the country. In the challenging years of 2020 and 2021, the industrial real estate market proved its resilience and crucial importance to the global economy against a backdrop of disrupted and disrupted supply chains which forced major players to act immediately and adjust their real estate strategies. These moves are now shaping the future of the entire industrial market.
We can attest that first modern warehouses in Poland have been being built since 2000, but the most important moment for industrial market was later. The relevant moment was in 2004, when our country joined the European Union. Nowadays, warehouses which were built between 2000-2010 are called the old ones. These buildings are still attractive because of modernisation processes, good pay rate conditions, experienced administrators, and from time to time good availability.
“The eastern region of Poland is attracting more and more interest from developers and tenants. Rzeszów and Lublin attract companies from both the logistics and manufacturing sectors. The region is particularly interesting for companies planning new investments due to the highest permissible thresholds of regional state aid in Poland and in the European Union,” said Marcin Krupanek, Consultant at JLL, in the interview with magazyny.pl website.
The safety of goods that have to be stored at controlled temperatures imposes many very strict requirements. In particular, this applies to the storage of pharmaceuticals and food products such as chocolate and dairy products. Developers and tenants therefore use the latest technological and measuring solutions.
More and more companies, who are looking for land for industrial investments, ask about the degree of property preparation for the implementation of a potential project, and in particular about the availability of utilities. “The better prepared the land, the greater the chance of attracting the investor's attention and faster execution of the project”, says Agata Zając, Senior Director, JLL.
A warehouse building with increased fire resistance now becomes a standard for many developers. When storing sensitive goods with high fire load density, it is crucial to meet precisely defined fire protection parameters.
The maturity of the industrial real estate sector in Big Five markets does not necessarily mean limited investment opportunities for developers and tenants. The importance of smaller markets has been growing recently in Poland, which gives the possibility to expand into locations that were previously out of developers and tenants interests.
Poland is the seventh largest warehouse market in the EU. In the first quarter of 2019, total warehouse space in Poland increased to 16.9 million sqm. Gross demand in the first half of 2019 exceeded 1.6 million sqm. Over 1.1 million sqm of new space was delivered and 2.2 million sqm is under construction.
Before the tenant concludes a contract with the lessor of a warehouse or industrial building, they should take notice of several important things. Prior to signing the contract, it is worth to carefully analyse it in order to prevent mistakes that might severely affect the business in the years ahead.
The hygiene materials’ world leading manufacturer will open its first plant in Poland. The Ontex Group has operated on the Polish market for the last 20 years and its development in Central Europe has created the need to increase the production capacity in this part of the continent. Arkadiusz Banaszek, Plant Manager, has given an interview about this investment located in the Special Economic Zone of the city of Łódź.
The largest warehouse spaces can be rented at as low as EUR 2 per sqm per month. The latest JLL data show that such rental rates are typical for regions such as Central Poland. Rates of EUR 1.9 per sqm can also be found in Upper Silesia.
The increasing popularity of outsourcing to specialised companies has increased the demand for warehouses adjusted to specific operations. Developers are now increasingly flexible in their approach to the needs of the market and often choose to expand the portfolio of solutions offered to their tenants. What are the advantages of all-purpose warehouse facilities?
The surface area of the warehouse is central to effective company operations. It affects the availability of the stored goods, which directly translates into efficiency. When the current warehouse proves to be too small to meet the increasing demand, the tenant has to look for additional space. In this case, they might choose between two solutions: extending the existing area or changing the location altogether.
Regardless of whether there is a need to lease new space or the existing contract is about to expire, it is always worthwhile to check the alternative solutions available on the market. It might turn out that it is possible to get new, lower rates — this will be discussed in detail by Tomasz Mika, National Director, JLL.
How to attract potential customers? How to present your offer to draw the attention of an investor? These are fundamental questions for both investment land owners and commercial real estate developers. This is where real estate marketing comes in handy, as it provides you with tools that can help you stand out among competition.
When you are looking for a warehouse or production area for rent, you should be aware of whole process complexity, which consist of several steps. Problems appear at the level of clarifying needs and defining specific expectations. Meanwhile, tenant has to face a whole series of negotiations, which should be terminated in gainful way for him. Therefore, it is necessary to develop a strategy, which will enable obtaining as many benefits as possible. In this case knowledge of consultant may become invaluable and save a lot of tenant’s time.
Every billion zloty spent online generates a demand for 18.5 thousand sqm of warehouse space. A report prepared by Prologis and the advisory firm JLL states that by 2020, new lease agreements concluded by e-commerce companies could total up to 700 thousand sqm.
“Made In Poland”: An Investment Guide for Manufacturing Sector Companies is a source of information for international manufacturing companies who intend to invest in Poland. Step by step, the guide presents the main factors contributing to Poland’s investment potential.
Being a stable country with considerable potential, Poland is one of the most desirable investment locations in Europe. Its improving infrastructure and educated workforce are not the only factors contributing to the country’s business potential. What else might convince foreign investors to choose Poland?
Monitoring investments to ensure proper and timely implementation of the project.
In the process of negotiating a contract tenant interest is secured in the technical and formal aspects. Monitoring can show if all the arrangements are implemented in accordance with the schedule.
Wprowadź poprawne wartości pól e-mail oraz hasło. Uwaga: wielkość liter ma znaczenie.