Very good results on the warehouse market on the demand side in Q1 2017 – between January and March 2017, gross demand was 970,000 sq m. Last year’s record for openings was beaten by 42%. A high activity of developers in the second half of last year have resulted in high supply-side. The total stock of warehouse space in Poland at the end of March 2017 reached 11.7 million sq m. Nearly 500,000 sq m were delivered on the market, 65,000 sq m more than in the corresponding period last year. The above results show that we can speak about the second consecutive year of record openings in the warehouse market. AXI IMMO analyst’s conclusions allow optimistic forecasts for the coming months.
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