2025年第四季度波兰中部仓库市场

Central PolandWAREHOUSE MARKET Central Poland remains the third largest warehouse market in the country, followingWarsaw and Upper Silesia, and continues to function as a key national distributionhub. At the end of Q4 2025, the region’s modern logistics and warehouse stocktotalled 5.1m sq m, representing nearly 13.9% of Poland’s total supply. The marketbenefits from strong demand from logistics operators and retail chains, which Q4 2025 Warehouse stock in Central Poland continued to grow, recording annual expansion ofover 4%, although the pace has noticeably moderated. In 2025, developers deliveredapproximately 220,000 sq m of modern space, down 37% y/y and well below the fiveyear average. The largest completions included Panattoni Park Zgierz II (41,900 sq At the end of December 2025, nearly 190,000 sq m remained under construction.The largest ongoing project was another building at Mapletree Piotrków II, totalling41,600 sq m. The development pipeline contracted by around 19% y/y, although close Demand remains robust. In 2025, total leasing activity reached 1.17 m sq m, anincrease of more than 17% y/y and the highest result ever recorded in the region. 2025take up in Central Poland surpassed the five year average by nearly 260,000 sq m andrepresented roughly 17% of national demand. The largest lease transactions included Standard lease termsin warehouse buildings 3.80-4.50Asking rentsfor warehouse spaceEUR/sq m/month High tenant activity combined with limited speculative supply translated into avisible improvement in absorption indicators. The vacancy rate at the end of Q4 2025 Atthe same time,asking rents in the region remained stable and in Q4 2025were broadly in line with the previous quarter, ranging between EUR 3.80 and 10.00-12.50Asking rentsfor office spaceEUR/sq m/month 4.00-7.00Service chargePLN/sq m/month Location of warehouse developments in the region Łódź East1.49m sq m 1. Stryków1.13m sq m 2. Average monthly salary(enterprise sector)PLN9,000(gross) Grabica330,000 sq m 3. Zgierz260,000 sq m HIGH-SPEED ROADS CAPITAL MARKETSKrzysztof Cipiurkrzysztof.cipiur@pl.knightfrank.com RESEARCHDorota Lachowska CONTACTS IN POLAND:+48 22 596 50 50 www.KnightFrank.com.pl VALUATION & ADVISORYMałgorzata Krzystekmalgorzata.krzystek@pl.knightfrank.com INDUSTRIAL AGENCYPrzemysław Piętak CEOCharles Taylor 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, 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-term 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.