It's all kicking of Wrocław
schedule 17 April 2014
Despite a considerable improvement in the situation on the warehouse market in terms of the growing demand and availability of capital, we are still not seeing the construction of purely speculative projects. For the time being each project in the near future will be preceded with a pre-lease agreement. The percentage of speculative space depends on the maturity of that particular market, the demand and the free space available. Wrocław happens to be one of the most active markets at the moment. Despite the fact that it is fifth in terms of existing area, the projects that are currently being carried out and the fact that the highest amount of space was completed in this region in 2013 – as much as 117,000 sqm – should soon make Wrocław move up the ranking. This is mainly due to its proximity to the Czech and German borders and the development of road infrastructure, including the Wrocław motorway ring road on the north-western outskirts of the city. As a result of this,
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