Panattoni started projects in Poland totalling about 840,000 sqm, worth nearly €650 million in 2025. The developer leased close to 1.5 million sqm of space and sold 19 projects to international investors, showing strong market momentum and growing demand for modern industrial space.
The value of new projects was driven by key developments. Panattoni launched a major BTO scheme: a logistics centre over 200,000 sqm for Media Expert in Łódź. Construction began on a manufacturing facility for BSH in Rzeszów and the last phase of Wrocław Campus 2. Nearly 200,000 sqm of projects started in Warsaw and nearby areas.
The past year saw clear improvement in market sentiment. Following a period of stabilisation and elevated financing costs, Poland's industrial real estate market resumed a growth trajectory, reflected in increased activity among occupiers and investors.
"2025 confirmed the maturity and attractiveness of Poland's industrial real estate market. Demand for modern space is now higher than it has been in recent years, and a strong year-end sent a positive signal for the future," says Marek Dobrzycki, Partner at Panattoni.
Panattoni completed the sale of 19 projects with a total value of nearly €800 million, including asset disposals worth €435 million and BTS/BTO projects with secured financing of €365 million. "In 2026, the industrial real estate market is set to enter a phase of faster growth. Improving liquidity conditions and lower interest rates are supporting increased investor activity," adds Dobrzycki.
