Warehouse stock nearing 11 mln sqm - Colliers

According to real estate consultancy Colliers, the amount of modern warehouse stock in Poland has nearly reached 11 million sqm, after 350,000 sqm were delivered in Q3. In the same period, some 930,000 sqm were leased. The region with the most new warehouse space was Silesia (86,000 sqm), Warsaw (74,000 sqm), Poznań and Kraków (47,000 and 46,000 sqm respectively). Demand has also gone up,  the amount of leased space has increased by 35 percent (quarter-to-quarter), inlcuding 224,000 sqm in Silesia and 160,000 sqm in Szczecin. The vacancy rate stood at 5.7 percent with some 625,000 sqm of space still waiting for tenants.