A record amount of warehouse space is being built in Poland - 4,492,000 sqm. Demand from companies in the logistics, retail, manufacturing, and e-commerce sectors is growing, according to PropertyNews.pl Due to its location, still competitive rental rates and labor costs compared to Western Europe and thanks to the expansion of the motorway network, Poland plays the role of an international hub, being at the forefront of supply chain strategies for most foreign players.
According to the Knight Frank report - Europe's last mile for 2022, the figures are as follows:
- Every €1 billion of e-commerce spend requires around 24,000 sq m of urban logistics space.
In the seven largest e-commerce markets in Europe (France, Germany, Italy, Spain, the Netherlands, Sweden, and Poland), the online penetration rate currently averages 15.6% and is expected to reach 19.3% by 2026.
In the aforementioned seven markets, online retail sales will increase by €142 billion or 48% over the next five years, increasing the need for additional logistics space of around 3.5 million square meters.
Poland and Spain are expected to be the fastest-growing economies over the next five years, generating higher consumer spending levels and increasing demand for city logistics.
Warsaw is expected to see the sixth-largest increase in total online spending over the next five years.
Warsaw is expected to see the sixth-largest increase in total online spending over the next five years.
According to Forbes, the boom in the warehouse space market continues to accelerate, despite rising steel prices and the unstable situation in Ukraine. Over the year, the stock of warehouse space increased by 13 percent, reaching 23 million sq m at the end of Q3, and figures from the sector show a further 3.71 million sq m under construction, double that of last year.
English 
Polish