According to the Polish Leasing Association, in the first half of 2023, leasing companies provided financing worth PLN 47.828 bln, an increase of 14.9 pct compared to the same period last year. Light vehicle financing led the way with 46.9 pct of the financing structure, together with trucks accounting for a total share of 72 pct. Machinery and other equipment accounted for a quarter of the value of contracts. Other assets such as IT equipment, aircraft, ships, rolling stock and other vehicles had a 4.3 pct market share, while real estate consistently reaches 0.6 pct each year. Experts forecast that by the end of the year, total assets financed by leasing companies could exceed PLN 100 bln. The growing demand for this form of financing could translate into an increase in investment, including in the logistics sector.
Service, not product
Until recently, the warehouse real estate sector operated within a conservative framework. Warehouses were treated as products, and what mattered