Poland: Warehouse and industrial development sector grows significantly in H1

11.08.2017

Poland: Warehouse and industrial development sector grows significantly in H1
Warsaw Business Journal, 11 Aug 2017, online:-
Savills has reported that the construction of over 1.6mn m2 of warehouse and industrial space was under way in Poland at the end of June 2017 with nearly 800,000 m2 of warehouse and industrial space being delivered during the first half of the year, up by 17% in comparison to the corresponding time of 2016. The biggest ongoing investments include two projects begin developed by Panattoni Europe for Amazon (161,000 and 135,000 m2) and a Szczecin-based scheme that Goodman is building for Zalando (130,000 m2). Savills has also revealed that 1.9mn m2 of warehouse and industrial space was leased in the first half of 2017 which marks a 50% increase when compared to the equivalent time of the previous year.
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