In 2022, warehouses will record new records despite increases in rents

2021 turned out to be a record year for the logistics and warehouse sector. And this despite such a difficult socio-economic environment. Closing the third quarter of this year. we had a total of 5 million sqm of leased space, i.e. by almost 30 percent more than a year earlier. A lot is also under construction.

"Currently, 3.7 million sqm is under construction on the market. At the same time, the vacancy rate in Poland is lower than 5 percent, and this is under conditions where as much as 40 percent of the commenced investments are speculative," Beata Hryniewska, Head of CBRE's Warehouse and Industrial Department, said.

The development of e-commerce will remain the driving force behind the sector. However, tenants can expect an increase in rental rates.

"In Poland, online sales are growing – customers who started to buy in this way have maintained this habit, which drives the development of the infrastructure necessary to efficiently handle the growing number of orders. This includes, among others, distribution warehouses or warehouses for returns," Beata Hryniewska added.

In her opinion, the trend related to green construction in the warehouse sector will also continue next year.

(WBJ)