Wielkopolskie and Lubuskie with high demand for warehouses despite the pandemic

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The storage market in Wielkopolska and Lubuskie does not feel the negative consequences of the pandemic. Since the beginning of the year, the demand for warehouse space has amounted to almost 595,000 sq m, which is one of the higher results in the country. High demand goes hand in hand with supply. In total, over 307 000 sq.m of such space is being built in these voivodships. The logistics industry most often decides to lease a warehouse in Wielkopolska and Lubuskie, but there is also growing interest in production and e-commerce.

– Despite the epidemic, traffic on the market is high. Many enquiries are reaching us, investments are made on time and the dominant plants in Poznań, such as Volkswagen, Beiersdorf or Bridgestone, are expanding their operations. The greatest interest can be seen in the logistics industry, although there are also more and more production projects with the demand for large areas, be it heavy production or confectionery. We are seeing increased traffic in the e-commerce sector with the dominant fashion and cosmetics industries. These observations show that these regions can look to the future with optimism. All the more so because Poznań has recently been recognised as an investor-friendly city and received the Prime Property Prize 2020,” says Karolina Galas, head of the CBRE office in Poznań.

Currently, there is almost 2.7 million sq.m of warehouse space in the Wielkopolskie and Lubuskie Voivodeships. This year alone, over 90,000 sq m of new space has been added, and another 307,000 sq m is under construction. The amount of vacant warehouse space does not differ from the national average and amounts to 6.9%, which means that new investments, especially in the best locations, are quickly absorbed by the market. The demand since the beginning of the year has reached almost 595,000 sq m.

Competition for Germany

The largest transactions that have recently taken place in the Poznań warehouse market are the lease of 23,000 sq m by Ekol Logistics, 18,000 sq m by Rhenus Logistics, and 15,000 sq m by Arvato – all in the Panattoni Parks in Poznań. In the first quarter of this year there was also a Millano Group transaction. CBRE advised on the lease of 16,000 sq m in Tristar Poznań.

– Good geographical location near the German border, development of road infrastructure and qualified employees make the region more and more competitive with our western neighbours’ warehouses. From Poznań you can quickly get to Warsaw, Łódź, but also to Berlin or Frankfurt (Oder). Investors are also attracted by Special Economic Zones – says Karolina Galas.

Source: CBRE