Q1 2026 knightfrank.com.pl/en/research The comprehensive guide to the warehouse market in Upper Silesia UPPER SILESIA Upper Silesia Upper Silesia remains Poland's second-largest industrial and logistics market afterWarsaw. The region's strong market position is underpinned by its well-developedtransport infrastructure, favourable conditions for manufacturing and distributionoperations,and strategic location providing efficient access to neighbouringmarkets,including the Czech Republic,Germany,and Slovakia.These factorscontinue to reinforce Upper Silesia's role as one of the key logistics hubs in bothPoland and Central Europe. At the end of Q1 2026, the region's modern warehousestock exceeded 6.3m sq m, accounting for 16.8% of Poland's total industrial andlogistics supply. Warehouse activity remains concentrated around Będzin, Chorzów,Czeladź, Tychy, Dąbrowa Górnicza, Gliwice, Sosnowiec and Bielsko-Biała. Q1 2026 6.3m sqmExistingwarehouse stock 100,000sq mNew supply(Q1 2026) Onan annual basis,warehouse stock in Upper Silesia expanded by more than7%. Between January and March 2026, developers delivered over 100,000 sq m ofmodern warehouse space. This represented a decline of nearly 13% year-on-year,while increasing more than fivefold compared with the previous quarter. The largestcompletions included a 36,200 sq m facility at EQT Exeter Gliwice, a 33,800 sq mbuilding at Panattoni Park Sosnowiec V, and two warehouses at CTPark Zabrze totalling20,000 sq m and 3,100 sq m, respectively. 215,000sqmSupplyunder construction 180,000sqmTake-up(Q1 2026) At the end of March 2026, approximately 220,000 sq m of warehouse space remainedunder construction, representing a 20% decrease compared with the same period of theprevious year. The largest development underway was Booster Zabrze by LemonTree,comprising three buildings with a combined area of approximately 58,000 sq m.During Q1 2026, the largest project launched was a 40,000 sq m warehouse at PanattoniParkKatowice Airport,located adjacent to Katowice Airport.As of the end ofQ1 2026, approximately 35% of the space under construction had been secured throughpre-let agreements. The relatively low pre-let ratio reflects developers' confidence inthe market's growth prospects and their willingness to pursue speculative development. 8.4%Vacancy rate Standard lease termsin warehouse buildings Between January and March 2026, total leasing activity in Upper Silesia reachednearly 180,000 sq m, down by more than 20% year-on-year. The largest transactionsrecorded during the quarter included a 28,000 sq m new lease at EQT Exeter Gliwice,a 21,600 sq m lease renewal at Segro Logistics Park Gliwice, and a 19,900 sq m newlease at Park Ruda Śląska. New leases remained the dominant component of occupieractivity, accounting for 58% of total take-up. Lease renewals represented 25%, whileexpansions made up the remaining 17%. 4.00-6.00Asking rentsfor warehouse spaceEUR/sq m/month At the end of Q1 2026, the vacancy rate in Upper Silesia stood at 8.4%, an increase of1.6 pp. y/y. The higher level of available space was primarily driven by softer occupierdemand alongside the continued delivery of new supply. 10.00-12.50Asking rentsfor office spaceEUR/sq m/month Asking rents across the Upper Silesia warehouse market remained broadly stablecompared with the previous quarter. 4.00-7.00Service chargePLN/sq m/month 1-1.5monthRent-free periodper each year of lease term % share of under constructionand planned supply Śląskie Voivodeship TOP 5 warehousedestinations in the region(by existing stock) 4.3mPopulation 12,334sqkmVoivodeship area Sosnowiec South650,000 sq m 4.9%Unemployment rate ECONOMIC DATA(03.2026, STATISTICS POLAND) Gliwice South510,000 sq m Average monthly salary(transportation and storagesector)PLN9,200(gross) Average monthly salary(enterprise sector)PLN9,400(gross) Ruda Śląska430,000 sq m Zabrze390,000 sq m HIGH-SPEED ROADS Gliwice320,000 sq m 130kmExpresswaysS1, S52, S86 250kmHighwaysA1, A4 CAPITAL MARKETSMichał Grabaramichal.grabara@pl.knightfrank.com RESEARCHDorota Lachowskadorota.lachowska@pl.knightfrank.com CONTACTS IN POLAND:+48 22 596 50 50www.KnightFrank.com.pl CEOCharles Taylorcharles.taylor@pl.knightfrank.com INDUSTRIAL AGENCYMichał Królikmichal.krolik@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 b