PL

Take up healthy, supply lagging

Modern warehouse stock around Warsaw far exceeds that of the rest of Poland. In the capital it totals 1.060 mln sqm and elsewhere just 180,000 sqm. That is about to change, as there is a good deal of warehousing under construction in the regions at the moment, more in fact than is due in Greater Warsaw over the next year or so Most modern warehousing in and around Warsaw, according to King Sturge's report, is at the disposal of retailers and third-party logistics providers but there is currently little demand to service the distribution requirements of manufacturers and the markets to the east of Poland. With the country's entrance to the EU in 2004 however, this trend should be reversed, given the increased foreign direct investment that is expected and Poland's position as an EU border territory with countries to the East, such as Belorussia, Ukraine and Russia. Take up high, vacancy lowDespite Poland's well-documented economic woes, there has still been strong demand for large log
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