Warehouse Demand in Poland Holds Steady for 2024, Stabilization Predicted

JLL experts anticipate that warehouse demand in Poland will remain consistent or slightly higher in 2024, reflecting ongoing development by major players and new entrants. Economic forecasts indicate GDP growth stabilizing at 2-3%, aligning with warehouse market trends. Despite a record development phase in 2021/2022 leading to increased vacancy rates in 2023, the market is expected to absorb unrented spaces gradually. Construction may see a slight slowdown due to heightened availability, but stabilization in costs will temper rent increases. Positive economic indicators and reduced risks contribute to a stable outlook for the construction and logistics market in 2024.

Source: inwestycje.pl