Poland to be key logistics hub in CEE

18
Nov
2024
News - Poland to be key logistics hub in CEE #logistics #Poland #Savills #warehouse

by Property Forum | Industrial

The latest Savills report highlights Poland as an emerging logistics powerhouse, particularly considering recent geopolitical and economic changes. With its strategic location and rapidly expanding infrastructure, Poland is becoming a logistics and production hub for markets in Western Europe and Scandinavia, attracting investors and global corporations that are diversifying risk and shifting operations from Asia to Europe.


Economic growth and consumer demand

Since 1990, Poland has recorded the fastest GDP growth among OECD countries, alongside a 31.2% increase in household income over the past decade. By comparison, the EU average stood at just 5.5%. This has driven a 46% increase in consumer demand in Poland over the last ten years. The report projects that this trend will continue, with a forecasted further growth of 13% by 2029. Particularly notable is the e-commerce sector, which reached an 8.7% share of retail sales in 2024 and is expected to grow to 23%, fuelling demand for warehousing space. Due to the high growth potential of online retail, along with Poland’s strategic location and excellent transport infrastructure, the country has been chosen as a key location for Western European and Scandinavian markets by companies such as Amazon, Zalando, Shein, and VidaXL.

Infrastructure and transport efficiency

Significant EU funding – totalling €229 billion over the years 2007–2027 – has enabled the development of road, rail, and port infrastructure. Poland boasts an extensive road network. The Port of Gdańsk handled over 79.6 million tonnes of cargo in 2023, marking a 26.1% increase from 2022 and establishing it as a key logistics hub in the Baltic Sea region.

“Poland’s strategic location and modern road infrastructure make it the ‘centre of gravity’—an optimal point for a logistics facility serving Western, Central and Eastern Europe, Scandinavia, and the Baltic countries”, notes Katarzyna Pyś-Fabiańczyk, Director, Head of Industrial Services Hub at Savills.

Geographical proximity and low labour costs

Poland has become an attractive alternative for Western European companies due to its competitive labour costs, averaging €14.5 per hour, which is 54% lower than the EU average. In the last three years, Poland has seen an average inflow of Foreign Direct Investment (FDI) equivalent to 3.8% of GDP, significantly surpassing the European average of just 0.2%. These investments are mainly focused in the manufacturing sector, accounting for 33.1% of total expenditure.

Growing demand for warehousing space

In terms of demand size, Poland’s warehousing market has consistently ranked within the top four in Europe, often outpacing countries like France, Spain, and even the United Kingdom. In 2023, logistics leasing reached 3.37 million s qm, a year-on-year decrease of 25%, yet this figure was 31% higher than the pre-pandemic average, indicating stable sector growth. The first half of 2024 saw a significant rebound in demand, with a 19% increase compared to the same period in the previous year. With stable rents, ranging from €54 per sqm per year in Central Poland to €60 per sqm in the Warsaw II zone, Poland remains a competitive logistics market.

Imminent land market restructuring

Planned changes in the Spatial Planning Act, set to take effect in 2026, include the introduction of general plans that designate industrial and service zones, which may limit the supply of new land for logistics development. These changes will create more predictable conditions for investors, while also driving optimisation of existing warehouse assets.

“We still maintain an advantage over neighbouring Central European countries in terms of land availability for new manufacturing investments, particularly within Special Economic Zones. However, the number of plots prepared for logistics parks in key transport hub regions is diminishing. This particularly applies to areas around Warsaw and Kraków, as well as Gdańsk/Gdynia (Tricity), where transaction prices are the highest in the country”, adds Rafał Bochenek, Land Acquisition Manager, Industrial Agency.

The growing interest in Poland as a logistics hub in Europe stems from its proximity to Western markets, increasing domestic consumption, and stable, competitive operating costs. It is anticipated that the country will remain one of the leading growth markets for the logistics sector, especially in the face of the rising nearshoring trend across Europe.




Latest news


New leases

  • Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
  • Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
  • Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.

New appointments

  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.


Latest news

News - Hungary construction starts Q1 with €1.8 billion in new projects
22
May
2026

Hungary construction starts Q1 with €1.8 billion in new projects

by Property Forum
Hungary's construction sector had a mixed start to 2026, with projects worth around €1.8 billion entering construction in Q1, according to the latest EBI Construction Activity Report.
Read more >
News - MAS sells Romanian and Bulgarian retail projects for net €251 million
22
May
2026

MAS sells Romanian and Bulgarian retail projects for net €251 million

by Property Forum
MAS has concluded binding agreements for the disposal of retail assets in Romania and Bulgaria worth €251.2 million, as part of its strategy to redeploy capital into opportunities with superior long-term returns.
Read more >
News - Big Poland opens retail park in Dzierżoniów
22
May
2026

Big Poland opens retail park in Dzierżoniów

by Property Forum
Big Poland has opened a new retail park in Dzierżoniów, with the 17,000 sqm development featuring over 30 stores and 500 parking spaces.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy