2025年第三季度波兰中部仓库市场

Q3 2025 Central Poland Central Poland is one of the country’s key warehouse markets, underpinned by itsstrategic location at the very heart of Poland and at the intersection of major transportcorridors. The region is positioned along the A1 and A2 motorways and an extensivenetwork of express roads linking Warsaw, Łódź, Poznań and Upper Silesia, enablingefficient nationwide distribution and seamless access to all major domestic markets.The region’s core strengths include its central location, well-developed road and railinfrastructure, access to a competitive labour pool, and the presence of large-scalelogistics parks and leading 3PL operators. Together, these factors ensure that CentralPoland continues to rank among the most important and dynamic logistics markets inthe country. Q3 2025 5.1m sqmExistingwarehouse stock 90,000sqmSupplyunder construction With warehouse stock exceeding 5.1 million sq m, Central Poland accounts for nearly14% of total national supply, ranking behind only the Warsaw and Upper Silesia regions.Key logistics locations include Stryków, Łódź and Piotrków Trybunalski. 9.5%Vacancy rate In Q1-Q3 2025, developers delivered nearly 220,000 sq m of modern warehouse spaceto the Central Poland market, representing a 26% year-on-year decline. Q3 aloneaccounted for 145,000 sq m across six modern facilities. The largest completionsincluded the expansion of Panattoni Park Zgierz II (41,900 sq m), a new building atPrologis Park Łódź (41,500 sq m), and a BTS project at Hillwood Zgłoszcz (32,800 sq m). 220,000sq mNew supply(Q1-Q3 2025) As of the end of September 2025, total space under construction stood at just over90,000 sq m, down by 60% compared with the same period last year. However,65,000 sq m was launched in Q3 alone, which may signal a gradual recovery indevelopment activity. 630,000sq mTake-up(Q1-Q3 2025) Notably, close to 60% of the pipeline has already been secured by pre-let agreements,highlighting stable, long-term demand for warehouse space in the region. Occupier demand in Central Poland remains exceptionally strong and, in terms oftake-up volume, is second only to the Warsaw region. Between January and September2025, tenants leased more than 630,000 sq m of warehouse space. Take-up growth inQ3 exceeded 14% quarter-on-quarter, while the cumulative result for the first threequarters was almost identical to the previous year, confirming the market’s stabilityand enduring attractiveness. Standard lease termsin warehouse buildings Given its central location, demand in Central Poland is dominated by logistics operatorsand 3PL providers, as well as retail chains and e-commerce companies. 3.80-4.50Asking rentsfor warehouse spaceEUR/sq m/month Vacancy levels remain below 10% and fluctuate only moderately quarter-on-quarter.At the end of Q3 2025, the vacancy rate stood at 9.5%, up by 0.4 pp compared with Q2,but down by 1.7 pp year-on-year. The slight increase in Q3 2025 was primarily driven by the delivery of a relatively largevolume of new supply during the quarter. 10.00-12.50Asking rentsfor office spaceEUR/sq m/month Asking rents remained stable in Q3 2025, ranging between EUR 3.8 and 4.5/sq m/month. 4.00-7.00Service chargePLN/sq m/month 1-1.5monthRent-free period TOP 5 warehousedestinations in the region(by existing stock) Łódzkie Voivodeship 2.3mPopulation 18,218sqkmVoivodeship area Łódź East1.49m sq m 6.2%Unemployment rate ECONOMIC DATA(09.2025, STATISTICS POLAND) Stryków1.13m sq m Average monthly salary(transportation and storagesector)PLN8,300(gross) Average monthly salary(enterprise sector)PLN8,100(gross) Grabica330,000 sq m Zgierz260,000 sq m HIGH-SPEED ROADS 250kmExpresswaysS8, S14 275kmHighwaysA1, A2 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-econ