Record leasing activity in warehouse sector – JLL

Approximately two million sqm of warehouse space was leased in Poland in the first half of this year, which is the best result in the entire history of the Polish market, according to the latest report by JLL. Retail chains, logistics companies and companies from the light production sector generated the most net demand (excluding deal renewals) in the period accounting for 80 percent of the H1 net volume of almost 1.6 million sqm. The most new space (net demand) was leased in central Poland (370,000 sqm) and the Wrocław area (265,000 sqm). The vacancy rate for entire Poland decreased to a record low 4.9%. Rents have been stable with an upward pressure on rental levels now visible in some locations.

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