Poland Poland secures a podium finish
Warehouse & industrialschedule 25 November 2024
At the end of September 2024, Poland’s total development pipeline stood at 1.9 mln sqm
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According to Cushman & Wakefield, Poland recorded the second-highest industrial take-up in Europe between January and September 2024. Looking ahead, robust demand, coupled with a decline in speculative construction, is likely to tighten the availability of warehouse space for lease.
In the Q3 of 2024, industrial take-up amounted to more than 1.1 mln sqm, down by 34 pct from the previous quarter.
Total take-up for January-September 2024 surpassed 3.8 mln sqm, marking a 4 pct increase year-on-year and placing Poland second in Europe, just behind Germany, which recorded 4 mln sqm of transactions. This reaffirms that Poland remains an attractive destination for industrial and warehouse projects as it benefits from competitive logistics costs, including energy, labour and lea
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