Poland: Warehouse & Logistic Property Markets

Contents

• Wprowadzenie
• Economic Overview
• Industrial Market Summary
• Warsaw Region
• Central Poland
• Lower Silesia
• Upper Silesia
• Wielkopolska
• Pomerania
• New Markets

Economic Overview

• Population: 38 million.
• Economic growth: 5.8% (2006); 6% (2007 [f]).
• Unemployment: 10.5% (May 2007).
• Increase in exports, industrial production and consumer spending.
• FDI between €7 to €11 billion.
• EU funding.

Industrial Market Summary

• Poland remains largest CEE market for warehouse and distribution.
• Supply and demand growing year on year. Increase in speculative development.
• ProLogis acquired Parkridge. New entrants expected from UK, Spain, France and Asia Pacific.
• Main take-up from 3PLs, FMCG, automotive, electronics and white goods.
• Development costs rising.
• Landlords expect rental growth.

Poland: Warehouse & Logistic Property Markets