2025年第三季度Wielkopolska仓库市场

Q3 2025 Wielkopolska Wielkopolska is the fifth-largest and one of the most attractive warehouse regions inPoland. It benefits from its proximity to the German border, a well-developed transportinfrastructure, including direct access to the A2 motorway, the S5 expressway and anextensive network of national roads, as well as strong availability of skilled labour. Theregion is particularly attractive to automotive manufacturers and logistics operators, whobenefit from efficient access to Poland’s main transport corridors and close proximity tothe German market. Q3 2025 3.6m sqmExistingwarehouse stock As of the end of Q3 2025, modern warehouse stock in Wielkopolska reached approximately3.6 million sq m, accounting for around 10% of total national supply. The key warehouselocations in the region include Swarzędz, Tarnowo Podgórne, Gądki and Komorniki. 35,000sqmSupplyunder construction Development activity in the region has slowed considerably. From the beginning of theyear through the end of September, developers delivered almost 120,000 sq m of newmodern warehouse space, representing a decline of more than 40% year-on-year. 9.7%Vacancy rate In Q3 2025, six warehouse buildings were completed across three projects: LuvenaNieruchomości (16,000 sq m), two halls at Panattoni Park Poznań XIV (7,700 sq m and7,600 sq m), and three buildings at MLP Business Park Poznań totaling 15,700 sq m. 120,000sq mNew supply(Q1-Q3 2025) The construction pipeline has contracted significantly. At the end of Q3 2025, only36,000 sq m of warehouse space was under development, the vast majority of which wasaccounted for by MLP Poznań West (33,800 sq m). Notably, no new warehouse projectswere launched between July and September. 320,000sq mTake-up(Q1-Q3 2025) At the same time, more than 90% of the space under construction has already beensecured by pre-let agreements, confirming a cautious and highly selective approach tonew developments. Between January and September 2025, total leasing activity in Greater Poland exceeded320,000 sq m, reflecting a 14% year-on-year decline. Standard lease termsin warehouse buildings The largest lease transactions in Q3 were dominated by lease renewals, including dealsat Segro Logistics Park Poznań, Gądki (9,000 sq m and 8,000 sq m) and Prologis ParkPoznań II (7,000 sq m). Lease renewals accounted for 55% of total take-up, while newleases represented 38% and expansions just 7%. 3.80-4.50Asking rentsfor warehouse spaceEUR/sq m/month As a result of weaker demand and the dominance of renewals in the leasing structure,the vacancy rate increased to 9.7% at the end of Q3 2025, up by 1.0 pp quarter-on-quarterand 2.6 pp year-on-year. However, given the limited construction pipeline and the highlevel of pre-letting, the upward trend in vacancy is expected to moderate in the comingquarters. 10.00-12.50Asking rentsfor office spaceEUR/sq m/month Asking rents in the Greater Poland warehouse market remained stable in Q3 2025, in linewith the previous quarter, and ranged between EUR 3.8 and 4.5/sq m/month. 4.00-7.00Service chargePLN/sq m/month 1-1.5monthRent-free period Location of warehouse developments in the region % share of existingstock % share of under constructionand planned supply TOP 5 warehousedestinations in the region(by existing stock) Wielkopolskie Voivodeship 3.5mPopulation 29,827sqkmVoivodeship area Gądki1.37m sq m 3.5%Unemployment rate ECONOMIC DATA(09.2025, STATISTICS POLAND) Tarnowo Podgórne550,000 sq m Average monthly salary(transportation and storagesector)PLN8,200(gross) Average monthly salary(enterprise sector)PLN7,900(gross) Komorniki410,000 sq m Poznań370,000 sq m HIGH-SPEED ROADS 275kmExpresswaysS5, S8, S10, S11 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-eco