Renata Osiecka Managing partner at AXI IMMO gives us her expert view of the Polish industrial and logistics property market.

AXI IMMO is a major corporate property consultancy in Poland.

Share on

Poland's geographic location in Europe makes it an ideal and secure site for cross-border logistics operations and the emergence of new trends like friendshoring and nearshoring brought about by modifications in global supply chains. We already rank among the biggest producers of large household products and are significant players in the automobile industry. Furthermore, we continue to benefit from the comparatively large amount of development land, upgraded and enlarged road infrastructure, modern industrial space, skilled and professional staff, and affordable labour prices. Because of this, Poland's industrial market has been leading CEE and rising at the highest rate in Europe for years.

For many years, active warehouse developers have been crucial to the industry's state. Over the past five years, Poland's supply has grown by an average of 3.4 million sq m annually. Numerous times, domestic developers have demonstrated their ability to construct high-quality projects in each local market in response to the strong demand for space. We firmly believe that the rapid growth rate is ongoing and that there is still much room for expansion, especially if the macroeconomic environment improves, presenting a promising opportunity for potential investors and business partners.

Poland’s industrial market remains steady and adapts its growth rate to the macroeconomic conditions in both the local and European markets. The gross take-up statistics, which stood at 870,000 sq m at the end of Q1 2024, demonstrated the evolution growth of businesses in the industrial and logistics sector. Developers supplied about 850,000 sq m between January and March 2024, which prompted AXI IMMO analysts to report a slight increase in vacancy rates to 8.2%. The industrial sector has more than 32.7 million sq m of total stock. Nonetheless, a further 2.3 million sq m are still being built.

AXI IMMO is the largest Polish advisory firm that provides services in the commercial real estate sectors with the quickest rates of growth: industrial and logistics, data centers, BTS and BTO, SBU, office, land, PRS, and investment. In addition to providing advice on acquiring and disposing of real estate, we also handle property management and valuation. The Industrial Team of AXI IMMO has been recognized among the top three industrial agencies in the Polish industrial market for the eighth consecutive year. We have six offices in Poland: Gdańsk, Wrocław, Łódź, Katowice, Kraków, and Warsaw. Our last significant award was the CEEQA’s Local Agent of the Year in the CEE* area in 2023 and 2024. AXI IMMO is still expanding, and our key advantages are our exceptional understanding of the Polish real estate industry, minimal personnel turnover, and proactive efforts to acquire new capabilities. We’re still growing the business. We have assembled a diverse team of seasoned professionals who offer our clients thorough guidance throughout every phase of business.

Renata Osiecka Managing Partner AXI IMMO.

To discover more :
https://www.axiimmo.com/
For all enquiries on the Polish market :
https://www.axiimmo.com/en/contact/
To Download AXI IMMO latest report about the polish market in Q1 2024 :
https://www.axiimmo.com/en/reports-publication/the-industrial-market-in-poland-in-q1-2024-report-by-axi-immo/