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The Warehouse Market in 2024 – Growth, Challenges, and Future Outlook

Is Poland’s warehouse market still experiencing rapid growth, or has the time come for stabilization and new strategies? Our latest report summarizing the warehouse sector in 2024 answers these questions, providing a detailed analysis of the key changes that have shaped the industry in recent months.

Key Insights from the REDD Report:

• Record Supply Levels – The Polish warehouse market has reached a total space of 34.74 million m², marking an increase of over 40% in just three years.
• Rising Vacancy Rates in Some Regions – Central Poland (10.1%) and Wrocław (10.5%) face higher oversupply risks, which could lead to rent adjustments and longer commercialization periods.
• E-commerce Dominance – Companies from this sector account for one-third of leased space, driving the growth of urban and last-mile warehouses.
• Regional Variations – While Poznań, Wrocław, and Warsaw maintain stable demand, Central Poland and Upper Silesia struggle with oversupply.

What’s Driving the Market?

• Technology & ESG – Warehouses are becoming more energy-efficient, with over 45% of new spaces certified for sustainable construction. Investments in solar energy, heat pumps, and smart energy management have become the industry standard.
• Evolving Tenant Strategies – Companies increasingly opt for build-to-suit warehouses tailored to their specific needs, moving away from leasing excess space. Optimizing locations for operational costs and workforce availability has become crucial.

Investments & Transactions

After a quiet 2023, the warehouse investment sector rebounded in 2024, with total investment volume reaching approximately €4.5 billion. Poland is solidifying its position as a European logistics hub, with regional distribution center development supported by new infrastructure investments.

Industry Experts on the Market

We collaborated with leading experts to develop this report, featuring insights from:

• Anna Dominiak & Krzysztof Foks (REDD)
• Jakub Kurek (Newmark Polska)
• Ewa Zawadzka (MDC²)
• Tomasz Puch (BTV)
• Anna Mazepa (Logicor)
• Norbert Kowalczyk (Griffin Capital Partners)
• Paweł Sapek (Prologis)

REDD Market Dashboard – Live Data

No need to wait for the next report to track market dynamics. The REDD Market Dashboard is Poland’s first live warehouse data platform, delivering key market indicators: supply, demand, transactions, vacancies, rental rates, and lease durations. Updated every 30 days, the platform covers 1,970 warehouses with a total area of 48.7 million m². Check it online and make decisions based on the latest market insights!

Download the full report for in-depth analysis, forecasts, and expert recommendations to help you make better business decisions in the warehouse sector.