Sarantis Polska, cosmetics and household goods manufacturer and distributor, is moving to a new facility within the MLP Pruszków Iogistics complex near Warsaw. At the same time, it will expand its current space by 35%, reaching over 24,000 square meters.

Poland’s industrial and logistics real estate sector remains stable, continuing to be one of the key segments of the commercial property market both nationally and across Europe. In 2024, the volume of investment transactions involving warehouse assets totalled €1.26 billion, while take-up remained at 5.8 million sqm (+4% y-o-y). Although developer activity decreased by 30%, new supply (2.6 million sqm) returned to pre-pandemic levels, with 1.8 million sqm still under construction. The sector has shown stability regarding vacancy rates (7.5%) and rental levels, which have remained consistent with the previous year, says Axi Immo in its latest report.

Fabryka Mebli Akord is relocating its main warehouse to the modern logistics center MLP Teresin (central Poland). The decision to choose this location was driven, among other factors, by the possibility of high storage, which will enable the optimization of logistics processes and further development. Fabryka Mebli Akord will gain full access to the facility at the beginning of September this year. The tenant was represented in the transaction by AXI IMMO.

At the end of 2024, Jakub Leszczyński, was appointed to the role of Transaction Director at Accolade. In his new position, Jakub is responsible for the comprehensive management of transactional processes, including project financing and refinancing, the selection and structuring of development processes, and the acquisition of warehouse projects. One of his significant achievements since assuming this role has been executing one of the largest green refinancing deals in Poland, valued at €180 million.

Panattoni is expanding Panattoni Park Zgierz near Łódź (central Poland) with a new 70,000 sqm phase. An undisclosed drugstore chain has leased 50,000 sqm of the space, making the complex a key distribution hub for its operations in Poland. Following the expansion, the park will reach a total size of 120,000 sqm.

7R will deliver two more buildings for InPost – the leader in logistics services and owner of the Paczkomat parcel locker network. The two projects, totalling 20,000 sqm of warehouse space, are being developed in Pomerania: at 7R Park Gdańsk IV and 7R Park Słupsk.

Panattoni has secured financing for its investment in the Pomerania region—Panattoni Park Gdańsk City Airport. The project consists of two speculative distribution halls being built near Gdańsk Airport. Santander Bank Polska granted the €17.3 million loan.

MLP Group recorded its strongest leasing performance to date in 2024. Over the year, the group leased a total of approximately 305,000 sqm of space, including 225,000 sqm under new contracts – an 82% increase year on year. During this period, MLP Group secured 22 new clients, while 20% of total leasing activity came from existing tenants.

Hillwood has expanded its Polish portfolio with a logistics park covering nearly 43,000 sqm, located in Gdańsk, in the eastern part of the city. The seller was Blackstone. The price has not been disclosed.

PINK (Polich Chamber of Commercial Real Estate) has published figures on the Polish warehouse market in Q4 2024. The data is sourced from advisory companies from the commercial real estate sector (Axi Immo, BNP Paribas Real Estate Poland, CBRE, Colliers, Cushman & Wakefield, Knight Frank, Newmark Poland and Savills) and includes information on modern warehouse stock, new completions, space under construction, take-up, and vacancy levels.