PL

Market that blooms all year round

Editorial
Bad news is good news – or so journalists say. The saying expresses the belief that reports of bad events read better.

If we follow this belief to its logical conclusion, this supplement would have no raison d’être because the Polish warehouse and logistics market space has been moving along splendidly for a few good years. Announcements are coming in from all directions – developers, tenants and consultants – that support this picture. However, we have decided to take a closer look, because if something is praised too much, it naturally leads to suspicion – and not only among journalists.

We start with a report on the status of the warehouse market, in which its current state is analysed and the developments that have taken place over the last few months are commented upon. Our interview with Martin Polak of Prologis will tell you about the plans of the owner of the largest warehouse real estate port-folio in Poland. Without wanting to get too far ahead of myself, I can tell you from the outset that you should certainly take note of the growth of e-commerce as it storms its way onto the warehousing scene. This segment is, admittedly, already 40 years old, but the main thrust of its invasion has taken place in the last decade. This has laid the ground for the development of huge logistics hubs, but this is not the only path that the sector is currently following. Small business units, which are responsible for a mere 2 pct of the warehouse stock in Poland, are now attracting the attention of some of the largest players, including Prologis and Panattoni. And in their attempts to gain a competitive advantage, such companies are now keen to explore new cities and towns. Which ones are they targeting? Find out on the following pages.

I wish you a pleasant read,

Tomasz Szpyt-Grzegórski

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