仓库市场_西里西亚电力公司2025年第三季度

Q3 2025 Lower Silesia Lower Silesia ranks among Poland’s most significant warehouse markets, benefiting fromits strategic location in the south-west of the country, adjacent to Germany and the CzechRepublic. The region is situated along key pan-European transport corridors, includingthe A4 motorway and the S3 and S5 expressways, providing efficient connections tomajor Polish cities and facilitating cross-border distribution. A well-developed railnetwork, complemented by intermodal terminals, further reinforces Lower Silesia’s roleas a regional and international logistics hub. Q3 2025 4.6m sqmExistingwarehouse stock LowerSilesia is the fourth-largest warehouse market in the country,offeringapproximately 4.6 million sq m of modern logistics space, which accounts for nearly 13%of Poland’s total stock. The majority of warehouse developments are concentrated aroundWrocław and its suburban zones, including Bielany Wrocławskie, Kąty Wrocławskie,Nowa Wieś Wrocławska, as well as Polkowice and Pietrzykowice. 110,000sqmSupplyunder construction In Q1–Q3 2025, developers delivered more than 290,000 sq m of new warehouse space,representing a decline of over 21% year-on-year. Notably, no new projects were completedin Q3 alone. 9.9%Vacancy rate At the same time, construction activity has been increasing for the third consecutivequarter. As of the end of September 2025, the pipeline reached 113,000 sq m, up by 94%quarter-on-quarter. The largest project currently under construction is the next phaseof Panattoni Park Campus 2, totaling 79,000 sq m. Other ongoing developments includea new facility at Ideal Idea City Park Wrocław (6,000 sq m) and Kotarba Invest Gajków(2,500 sq m). 290,000sq mNew supply(Q1-Q3 2025) 690,000sqmTake-up(Q1-Q3 2025) Importantly, more than 70% of the space under construction has already been pre-let, confirming stable occupier demand alongside a cautious, disciplined approach bydevelopers toward speculative projects. Tenant demand remains robust. In the first three quarters of 2025, total leasing activityreached 690,000 sq m, marking a 14% increase year-on-year. The largest transaction inQ3 was a lease renewal at P3 Wrocław II (78,000 sq m). Other notable deals included anew lease at Panattoni Park Campus 2 (45,000 sq m) and a renewal at Panattoni ParkWrocław IX (16,300 sq m). Standard lease termsin warehouse buildings In terms of take-up structure, renegotiations accounted for 46% of total leasing volume,new leases for 44%, and expansions for the remaining 10%. 4.00-4.70Asking rentsfor warehouse spaceEUR/sq m/month The region continues to attract manufacturing companies, logistics operators, retailchains and e-commerce players, driven by proximity to the German market and well-developed infrastructure supporting both domestic and international supply chains. High renegotiation activity has had a moderate impact on vacancy levels. At the end ofQ3 2025, the vacancy rate stood at 9.9%, up slightly by 0.2 pp quarter-on-quarter. 10.00-12.50Asking rentsfor office spaceEUR/sq m/month Asking rents remained stable, ranging between EUR 4.0 and 4.7/sq m/month. 4.00-7.00Service chargePLN/sq m/month 1-1.5monthRent-free period Dolnośląskie Voivodeship TOP 5 warehousedestinations in the region(by existing stock) 2.9mPopulation 19,947sqkmVoivodeship area Bielany Wrocławskie1.75m sq m 5.2%Unemployment rate ECONOMIC DATA(09.2025, STATISTICS POLAND) Kąty Wrocławskie1.15m sq m Average monthly salary(transportation and storagesector)PLN8,100(gross) Average monthly salary(enterprise sector)PLN8,950(gross) Wrocław West510,000 sq m Wojkowice220,000 sq m HIGH-SPEED ROADS Wrocław East200,000 sq m 240kmHighwaysA4, A8, A18 230kmExpresswaysS3, S5, S8 RESEARCHDorota Lachowskadorota.lachowska@pl.knightfrank.com CAPITAL MARKETSKrzysztof Cipiurkrzysztof.cipiur@pl.knightfrank.com CONTACTS IN POLAND:+48 22 596 50 50www.KnightFrank.com.pl INDUSTRIAL AGENCYPrzemysław Piętakprzemyslaw.pietak@pl.knightfrank.com VALUATION & ADVISORYMałgorzata Krzystekmalgorzata.krzystek@pl.knightfrank.com As one of the largest and most experienced research teams operating across Polish commercial real estate markets, Knight FrankPoland provides strategic advice, forecasting and consultancy services to a wide range of commercial clients including developers,investment funds, financial and corporate institutions as well as private individuals. We offer: strategic consulting, independent forecasts and analysis adapted to clients’ specific requirements,market reports and analysis available to the public,tailored presentations and market reports for clients. Reports are produced on a quarterly basis and cover all sectors of commercial market (office, retail, industrial, hotel) in major Polishcities and regions (Warsaw, Kraków, Łódź, Poznań, Silesia, Tricity, Wrocław, Lublin, Szczecin) and PRS sector in Poland. Long-termpresence in major local markets has allowed our research team to build in-depth expertise of socio