2025年第四季度Wielkopolska仓库市场

Q4 2025 Wielkopolska TheWielkopolska region is the fifth largest warehouse market in Poland,following Warsaw, Upper Silesia, Central Poland and Lower Silesia. Benefitingfrom a favourable geographic position and a well developed transport network,the region continues to attract both developers and occupiers. At the end of Q42025, total warehouse stock reached approximately 3.6m sq m, representing 9.9%of the country’s modern supply. Q4 2025 3.6m sqmExistingwarehouse stock Growthin the region is supported by its proximity to the German border,direct access to the A2 motorway, an large labour pool and the increasing trendofnearshoring and relocating operational processes from Asia to Poland.Wielkopolska remains particularly attractive to occupiers from the automotiveand logistics sectors, with the largest warehouse clusters concentrated aroundSwarzędz, Tarnowo Podgórne, Gądki and Komorniki. 120,000sq mNew supply(2025) 35,000sqmSupplyunder construction The pace of new warehouse supply in the region continued to slow. In 2025, lessthan 120,000 sq m of new space was delivered, a 44% y/y decline and a level wellbelow the five year average. The largest completions included Hillwood PoznańCzempiń (53,700 sq m), a facility delivered by Luvena Nieruchomości (16,000 sq m),and 7R City Flex Park Poznań East I (9,800 sq m). 630,000sq mTake-up(2025) Development activity remained constrained. At the end of December 2025, only35,000 sq m of warehouse space was under construction, nearly 80% less than ayear earlier. The largest ongoing development is a 32,800 sq m building withinMLP Poznań West. Almost all space under construction is already secured by leaseagreements, and no new schemes were launched during Q4. Demand, however, remained strong. In 2025, tenants leased more than 630,000 sqm of warehouse space, an increase of over 10% y/y. Quarterly activity also grew,rising both compared to the previous quarter and the corresponding period in 2024(up by 58%). Major lease transactions included a renegotiation at Prologis ParkPoznań III (48,400 sq m), a new lease at Panattoni Park Poznań East III (47,000 sqm) and a lease extension at the Eurocash facility in Konin (39,600 sq m). Standard lease termsin warehouse buildings 3.80-4.50Asking rentsfor warehouse spaceEUR/sq m/month The vacancy rate continued to decline. At the end of Q4 2025, vacancy fell to 8.5%,down from 9.5% at the end of Q3. Given the absence of new speculative development,a continued downward trend is expected. Asking rental rates in the warehouse sector in the region remained stable quarter-on-quarter and ranged between EUR 3.80 and 4.50 per sq m per month. 10.00-12.50Asking rentsfor office spaceEUR/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 Wielkopolskie Voivodeship TOP 5 warehousedestinations in the region(by existing stock) 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)PLN8,700(gross) Average monthly salary(enterprise sector)PLN8,300(gross) Komorniki410,000 sq m Poznań370,000 sq m HIGH-SPEED ROADS Gołuski250,000 sq m 210kmHighwaysA2 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 CEOCharles Taylorcharles.taylor@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-economic factors affecting realestate market in Poland. © Knight Frank Sp. z o.o. 2026 Knight Frank ResearchReports are available at This report is published for general information only and not to be relied upon in any way. Althoughhigh standards have been