C&W: 925,000 sqm of warehouses built in 2015
16:53
A report by Cushman & Wakefield states that the Polish warehouse market continued to expand dynamically in 2015, noting that 925,000 sqm of warehouse space was constructed in that year alone.
The report, titled "Property Times", noted that demand for warehouses also continued to spike upwards, rising to 2,470,000 sqm. The highest demand was shown in traditional areas such as central Poland (22 percent), the surroundings of Warsaw (20 percent) and Upper Silesia (17 percent), however, the report also noted a significant upturn in smaller markets such as Szczecin or Bydgoszcz. The report mentioned that the steady improvement of transport infrastructure has definitely contributed to the rise of lesser-known locations.