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Real estate Warehouse & logistics

Warehouse space in Poland increased to 17 mln sqm

12:20

Warehouse space in Poland increased to 17 mln sqm
source: MaxPixel

The warehouse market in Poland totaled over 1 million sqm of total area and almost 17 million sqm of total resources, according to the latest MARKETBEAT report from Cushman & Wakefield.
In the first half of 2019, developers completed 47 projects with a total area of 1.09 million sqm, and total resources increased to 16.89 million sqm. Most of the space was completed in Central Poland (247,000 sqm), near Warsaw (151,000 sqm), Tri-City (120,000 sqm), Wrocław (117,000 sqm) and Olsztynek (121,000 sq m).
Development activity is also at a very high level. As of the end of June 2019, as much as 2.24 million sqm was under construction in 70 investment projects.

(Property News)

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