Two companies, including Eurofoam are moving to a private warehouse in the Zgierz area. They are leasing a total of nearly 5800 sqm of warehouse and office space. In contrast, the company Pyroll is increasing its warehouse space by 2400 sqm in Diamond Business Park Stryków belonging to the AIG / Lincoln.
Eurofoam Polska is part of the Eurofoam group – a world leader in the polymers market. The company manufactures high-quality polyurethane foam with a wide range of properties and a wide range of applications. Client will take 2 850 sqm. Of warehouse and office space. Second AXI IMMO’s client has leased 2 950 sqm.
Pyroll is one of the largest manufacturers in Scandinavia of packaging, paper and materials needed for the production of advertising. The company was founded in Finland, currently employs nearly 500 people and its annual turnover is around EUR 90 million.
Central Poland is the third largest warehouse market in Poland with the volume of modern warehouse space over 1 million sqm. Currently, the vacancy rate is approximately 13%, however, in large part due to the high vacancy rate in Piotrkow Trybunalski. In Lodz and Strykow most of the existing warehouse space is leased (vacancy rates are 5% and 1%). However, part of the lease agreements are for short periods which may have result in an increase in the vacancy rates in next year. During the first three quarters of this year were leased more than 200 000 sqm of warehouse and logistics space, to the end of the year the resultants will be even better, because several projects are in the final stage of contract negotiations.
Next year, we expect a further increase in demand in the region, especially in the segment of the logistics sector and the food industry. An opportunity for further development of the region, especially in locations north – south axis will be the expansion of road infrastructure, especially the putting into service the following sections of the motorway A1 – Torun – Kowale and Strykow – Tuszyn. Rents should remain stable. Rising vacancy rates will be gradually neutralized, due to stable demand growth.