PLN 170 mln was spent on the upgrade of the Gdansk seaport in 2018. In upcoming years, nearly PLN 700 mln is expected to be expended on further improvements, substantially subsidized by the European Union. Meanwhile, the seaport in Gdynia is under extension and so is the road infrastructure of the Baltic-Adriatic Corridor. These projects will result in significant changes for warehouse owners and tenants. A genuine revolution, however, is still ahead of us.In 2017, more than 40 mln tonnes of goods were handled in Gdansk and another 21 million went through the port in Gdynia. The positive momentum carried into the first half of 2018 with 11.5 million tonnes passing through Gdynia (up by 11 pct compared to the first half of 2017) and 25 mln tonnes through Gdansk (up by nearly 35 pct on the same period in 2017). These were all-time highs for both ports.
The strong performance of the Tricity ports was fuelled by the rapid development of the freight transport, warehouse and handling infra
Flex market picks up momentum
Flex market picks up momentum
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...
Walter Herz
Optimism returns
Optimism returns
Lower interest rates in the eurozone and the easing of monetary policy in Poland are expected to revive investment in the real estate market. A noticeable increase in the value of ...
Walter Herz
Warehouse developers now more cautious
Warehouse developers now more cautious
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
Avison Young