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REVIEW. Industrial and Logistics Market in Poland in Q1 2026
The first quarter of 2026 brought an unexpected rebound to the industrial and logistics space market. Increased tenant activity, a predominance of new agreements, and a declining vacancy rate confirm the sector’s good condition and stable foundations for further development – according to the BNP Paribas Real Estate Poland report “Review. Industrial and Logistics Space Market in Poland – Q1 2026.”
Polish retail market performs well: retail parks dominate new openings as vacancy rates fall
In Q3 2024, the Polish retail market expanded by another 116,000 sqm. With average retail vacancy rates in the largest Polish cities falling and tenants posting rising turnover levels, predictions of the imminent decline of shopping centres in Poland have proven premature, says BNP Paribas Real Estate Poland in its latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”.
Logistics Occupier Market in 2024 in Europe: The lack of new developments remains supportive of rental growth in prime sectors
Logistics letting markets have generally held up well despite weak economic growth which is expected to remain positive in 2024. Indeed, GDP growth started to pick up in the Euro area at the beginning of the year from +0.5% in 2023 to +0.8 % forecast in 2024.
Poland ranks among top industrial and logistics markets in Europe
The Polish industrial and logistics market continues its strong growth momentum, reveals BNP Paribas Real Estate Poland in its latest report “At A Glance – Industrial and Logistics Market in Poland” for the second quarter of 2024. With robust occupier activity and stable volumes of new construction, Poland is among top European industrial markets.
Commercial property market stabilization points to a brighter future
Despite persistently high interest rates and geopolitical tensions, growing investor interest - particularly in retail assets - is a sign of stabilization and a forthcoming recovery later in the year, says BNP Paribas Real Estate Poland in its latest report “At a Glance: Investment Market in Poland” for the second quarter of 2024.
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