Report: Report Warehouse Market in the first half of 2017 in Poland by AXI IMMO
Report: Warehouse market in the first half of 2017 - summarizing market data supply and demand side on the market of industrial real estate in the first half of 2017.
Splendid perspectives for the Polish industrial market. Historically, in the first half-year of 2017, big contracts generated high demand.
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In the first half of 2017, a record-breaking demand was recorded compared with the corresponding period in previous years. They rented a total of over 1.82 million square metres of storage space. This result is 32% better compared with the same period in the previous year.
At the beginning of the year, 720 thousand square metres of industrial space were put into operation. Developers aren’t slowing down because 1.71 million square metres are under construction.
Forecasts by AXI IMMO analysts at the end of the first half-year are still optimistic for 2017. We observed the same trends as in the first quarter of 2017. We are expecting to bet on last year’s record for the rented area.
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