Poland’s industrial sector slowed in 2023, but the market hopes to rebound in 2024. After the peak of take-up and supply in the so-called COVID period falling in 2020-2022, the logistics and manufacturing market has returned in many values to those observed in 2018-2019, says Axi Immo. 

CTP has leased 10,000 sqm of warehouse space and 1,400 sqm of offices at CTPark Belgrade City to Wagen International (Wint), an automotive parts supplier, for a new high-tech distribution centre.

Panattoni has been awarded financing to develop Panattoni Park Łódź West II – one of the biggest industrial projects in the western part of Łódź. A loan of €25 million has been granted by mBank.

The third fund of the real estate and investment group Arete has completed the development of a modern industrial complex in the urban area of Pilsen, Borská pole. The long-term tenant of the hall will be Oxymetal CZ, which specializes in metal processing and production of metal components for various industries, including automotive, energy and construction. 

Industrial/logistics developer CTP has announced the 30,000 sqm expansion of CTPark Košice in Slovakia following two pre-lets.

Panattoni has completed the third stage of Panattoni Park Zielona Góra III which is now 80% leased. ECE Logistics remains the largest tenant with its largest single-location lease being in the centre. Furthermore, in the first half of 2024 the company is to occupy two more areas with a combined area of 410 sqm this time for office use. ECE Logistics uses the Zielona Góra location to service e-commerce clients. 

Direct marketing company Mediapost Hit Mail has leased 19,000 sqm in Chitila Logistics Hub, the industrial project jointly developed by Global Vision and Globalworth. The lease transaction was brokered by Colliers.

With the upcoming introduction of mandatory non-financial reporting, which will require companies to report on how they are performing in the areas of environment, employee relations and responsibility, and ethical working practices, industrial and logistics companies are taking a keener interest in sustainable solutions. This interest is then reflected in their demands for the properties on which they are based. Research by Colliers shows that the sustainability issue has so far been most commonly addressed by large multinationals, who expect properties to be equipped with sustainable technologies such as heat pumps, heat recovery units, energy-efficient smart lighting and photovoltaics. Experts from Colliers predict that interest in this topic will also increase next year but among smaller local companies. 

Chinese car parts maker KSHG Auto Harness has leased 13,000 sqm of production space in CTPark Deva II, while taking its total leased surface in the project to 21,000 sqm. CTP said the lease transaction underpins the growing demand from large companies looking to nearshore their production facilities for the European market.

Panattoni is expanding its portfolio of locations in the Kraków region. In Niepołomice, the developer has commenced construction of Panattoni Park Kraków East IV, which will be completed in May 2024. Omega Pilzno - a Polish logistics operator - has already leased the entire space.