Poland wins the race for warehouse tenants

Poland has solidified its position as a dominant force in Central and Eastern Europe's logistics and warehouse market. With 37.4 million square meters of modern space, it significantly outpaces neighboring countries like the Czech Republic, Romania, Hungary, Slovakia, and Bulgaria, which collectively hold approximately 35.3 million square meters. Poland accounts for nearly half of the entire region's modern warehouse capacity.

“

In the entire Central and Eastern European region, whose resources are estimated at about 80 million sq m, Poland accounts for almost half of the modern warehouse space.

This market leadership is further bolstered by competitive rental costs. Average base rents in Poland range from 4.2 to 5.2 euros per square meter monthly, a rate that remains notably lower than in most other Central and Eastern European markets, particularly when compared to the Czech Republic, Hungary, and Slovakia. Romania is the only country in the region that can rival Poland on rental costs.

“

We are also one of the most competitive warehouse markets in terms of costs, with average base rents at the level of 4.2–5.2 euros per sq m per month.

Beyond its scale and affordability, Poland demonstrates remarkable development speed. In the past three years alone, the country has delivered over 7.5 million square meters of new warehouse space, a figure substantially higher than many regional counterparts. This rapid expansion is partly attributed to developers who secured extensive land banks at favorable prices years ago, enabling them to focus on construction.

“

The rent level is still significantly lower than in most Central and Eastern European markets, especially compared to the Czech Republic, Hungary, or Slovakia.

Companies increasingly view Poland as a strategic gateway to the European market of 450 million consumers. Its logistics hubs are becoming central to serving Western and Northern Europe. Western Poland, in particular, is gaining traction as a logistics base for Germany, benefiting from limited land availability and stricter investment regulations in Germany, which drive up rents there. For instance, effective rents in Poland's Lubusz Voivodeship are around 3 euros per square meter, a stark contrast to Berlin's typical rates exceeding 7 euros per square meter.

“

In the last three years, Poland has delivered the most new warehouse space in the region, while maintaining competitive rental rates. Few markets today can combine such growth dynamics with cost control.