Polish Industrial and Warehouse Infrastructure: Will You Find Something For Your Business?

by | Oct 12, 2023 | Business | 0 comments

When establishing a business in Poland, you will undoubtedly explore all the possibilities and limitations. If your business requires warehouse facilities, you will surely find an interesting offer here. Poland ranks among the leading countries in the European industrial and warehouse sector, just behind Germany and France. The total warehouse and industrial space already exceeds 30 million square meters. Worth noting is the fact that demand and interest are so significant that an additional 2 million square meters were under construction before the summer.


Key data from the latest report titled “Occupier Insight – Industrial and Warehouse Market in H1 2023,” published by the consulting firm Newmark Polska, include:


30.6 million square meters – the total area of industrial and warehouse space in Poland.
17.1% – growth in warehouse space compared to the same period in 2022.
1.04 million square meters – gross demand in the period from April to June 2023, a decrease compared to the same period in the previous year.
50.5% – the percentage share of new leases in the overall structure.
39.5% – the percentage share of renegotiated leases.


What Determines Rental Prices?


When establishing a business in Poland, you will undoubtedly pay attention to the location of warehouse space. Rental rates per square meter will also depend on this. However, location is not the only component of the price. It is important to note that the capital city, Warsaw, has the highest rates, ranging from 5.5 euros to as high as 7.25 euros per square meter. Slightly lower, averaging 5 euros per square meter, is the cost in the Warsaw metropolitan area. Price disparities are significant even within the Mazovian Voivodeship. Rental rates also depend on the space’s size, access to transportation routes, warehouse standards, and the euro exchange rate.
The most popular locations in Poland are well-connected, but it’s worth noting that transportation infrastructure and road quality are improving throughout the country. Besides Warsaw, investors often choose the following locations: Upper Silesia, Poznań, Wrocław, and Gdańsk. Here’s how the prices compare:


Poznań – 4.40 euros per square meter.
Katowice – 5.10 euros per square meter.
Wrocław – 5.20 euros per square meter.
Kraków – 6 euros per square meter.
Gdańsk – 6 euros per square meter.


On the other hand, Lubelszczyzna and Podkarpacie are at the lower end of the pricing spectrum. These regions are worth considering, especially if your business plans involve Eastern connections. The price difference per square meter can be as much as 2 euros. Differences can also be found in terms of project type. “Big-box” projects typically range from 3.60 to 6.50 euros per square meter, while SBU/City Logistics projects have higher rates, ranging from 5.00 to 7.50 euros per square meter per month. It’s important to mention that various incentives, such as rent-free periods and space adaptations, can lead to differences of up to 15% in effective rent compared to the main rent rates.
If you encounter any difficulties in choosing and selecting a location for your warehouse and industrial space, Niedziółka & Associates experts can help you optimize logistics and ensure excellent conditions for your business.


Renting Wisely for Your Benefit: What to Consider When Renting Industrial and Warehouse Space


Similar to other countries, the best approach is to have a well-defined lease agreement that covers key issues. These include mutual protections, the duration of the lease, the responsibilities of both parties, safeguards for unexpected events, determining the rental area (both exclusive and shared), operating expenses, usually prepaid, utility fees, and standard lease security. A good lease agreement is the foundation of your company’s sustainable development. While most investors choose to lease after registering a company in Poland, it’s advisable to initiate the process in parallel to avoid downtime or unnecessary delays. The mentioned elements are just some of the basics to keep in mind. Additionally, after signing a lease for warehouse space, it’s advisable to consult a notary to obtain a notarized date, providing additional protection for the tenant. In any case, for any property, it’s essential to check its legal status, spatial development conditions, permits for building use, and storage of specific products or materials.


When renting warehouse and industrial space, it’s advisable to engage specialists, such as real estate lawyers. Services in this area are provided by law firm Niedziółka & Associates, among others. They can help you with all the necessary aspects, from finding the ideal location to financial and legal verification, negotiations, and signing lease and related agreements.


What Are the Prospects for the Industrial and Warehouse Market?


If you plan to rent warehouse and industrial space for your business, now is an excellent time to do so. Although there has been a slight increase in prices, there is still significant negotiation potential in the industry. The sector continues to attract new investments, while many empty spaces are waiting to be utilized. You can find something tailored to your needs, whether it’s in terms of price, size, or location.