Real estate Warehouse & logistics
Most warehouses built in south-eastern Poland
23:23
South-eastern Poland is the region where most warehouse space is currently being built. After the third quarter of this year, there were 475,000 sqm of new facilities under construction which will soon join the existing 4.8 million sqm of surface. Investors focus on universal and well-located buildings, which, especially in the vicinity of larger cities, also serve as offices. The circumstances related to the epidemic affect the development of the so-called last-mile projects, i.e. warehouses ensuring quick deliveries to the largest cities.
“The south and east of Poland are following the center of the country in terms of the number of warehouses. Their development is driven by the current situation. Proper sourcing and fast deliveries are at a premium when online shopping is booming. Therefore, in cities such as Krakow and Katowice, last-mile warehouses are very popular, thanks to their great location, they make it possible to reach the consumer in a short time. Small Business Units that combine logistics and office functions are also popular. Unoccupied warehouse space in the region is 9 percent,” Mikołaj Walkowski, Associate Director at CBRE, said.
In the provinces of Silesia, Lesser Poland, Świętokrzyskie, Lubelskie, Podkarpackie, and Podlasie, there is currently a total of over 4.8 million sq m. warehouse space and 475 thousand. sq m in construction. The demand after the three quarters of 2020 amounted to almost 935 thousand. sq m The region has been developing steadily for several years, and investors and entrepreneurs are especially attracted by large cities and the surrounding area.
(WBJ)