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 factors Q1 2026 6.3m sqmExistingwarehouse stock 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 largest 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 Panattoni 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 new Asking 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 occupier 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 Location of warehouse developments in the region TOP 5 warehousedestinations in the region(by existing stock) 4.3mPopulation 12,334sqkmVoivodeship area Sosnowiec South650,000 sq m 1. 4.9%Unemployment rate ECONOMIC DATA(03.2026, STATISTICS POLAND) Gliwice South510,000 sq m 2. Average monthly salary(enterprise sector)PLN9,400 Ruda Śląska430,000 sq m 3. Zabrze390,000 sq m HIGH-SPEED ROADS 250kmHighways RESEARCHDorota Lachowskadorota.lachowska@pl.knightfrank.com CAPITAL MARKETSMichał Grabaramichal.grabara@pl.knightfrank.com CONTACTS IN POLAND:+48 22 596 50 50www.KnightFrank.com.pl VALUATION & ADVISORYMałgorzata Krzystekmalgorzata.krzystek@pl.knightfrank.com CEOCharles Taylorcharles.taylor@pl.knightfrank.com INDUSTRIAL AGENCYMichał Królikmichal.krolik@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, strategic consulting, independent forecasts and analysis adapted to clients’ specific requirements,market reports and analysis available to the public, 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 real © 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 used in the preparation of the information, analysis, views and projectionspresented in this report, no responsibility or liability whatsoever can be accepted by Knight Frank for anyloss or damage resultant from any use of, reliance on or reference to the contents of this document.As a general report, this material does not necessarily represent the view of Knight Frank in relation to