2023-12-21-莱坊-Warehouse_market_Wielkopolska_Q3_2023_3页_564kb

Wielkopolska Warehouse Market Overview (Q3 2023)

Location & Infrastructure

• Wielkopolska is Poland's 5th largest warehouse market (11% of national stock, 3.2m sq m). Key locations include Oborniki (S5), Gniezno, Tarnowo Podgórne, Jasin, Swarzędz, and Komorniki.
• Strong ties with Germany due to proximity, excellent highway access (A2), qualified workforce, and growing interest from EU companies.
• Concentration of logistics hubs and three intermodal terminals, one in Poznań and two in Gądki/Swarzędz.
• Significant high-speed road network (A2, S5, S8, S10, S11) connecting the region.

Market Activity (Q1-Q3 2023)

• Supply:
  • Total new supply for the year: 280,000 sq m (-40% YoY).
  • Q3 2023 delivery: 6,500 sq m.
  • Main projects: P3 Poznań II (77,000 sq m), Panattoni Park Poznań West Gate II/Gate I (82,000/48,000/43,000 sq m).
  • Construction activity slowed significantly (-30% compared to a year ago). New construction started: ~25,000 sq m.
• Take-up:
  • Total take-up for the year: 326,000 sq m (-50% YoY).
  • Q3 2023 take-up: Not specified (grand total 326,000 sq m achieved).
  • Distribution: New agreements (53%), Renegotiations (35%), Expansions (12%).
  • Sharp decline in activity attributed to high construction costs, slow tenant absorption, and financing constraints.
• Vacancy Rate:
  • Increased to 7.1% (up 4.4% YoY).
  • The rise followed increased new supply relative to absorbed space.

Leasing & Rents

• Asking rents remained stable in Q3 2023.
• Typical rent levels: 3.50-4.50 EUR/sq m/month.

Economic Context

• GDP Growth: 3.0% (9m 2023).
• Unemployment Rate: 3.0% (approx. Sep 2023).
• Average Monthly Salary: ~11.5k EUR gross.
• High-speed road mileage increased significantly each year (210 km in 2013 to an estimated 270+ km by 2023).

Key Statistics (Q3 2023)

• Existing Warehouse Stock (Wielkopolska): 1.15m sq m.
• Under Construction (identified): 215,000 sq m (lead project: Panattoni Park Poznań A2, 80,000 sq m).
• Annual New Supply Target Update: Figure updated to 300,000+ sq m (originally mentioned 410,000 sq m in the text).
• Operational data (avg.) provided for Gądki/Komorniki locations.
  • Gądki:
    • Existing Stock: 1.15m sq m.
    • Stock % of Wielkopolska: 0%.
  • Komorniki:
    • Existing Stock: 90,250 sq m.
    • Stock % of Wielkopolska: 0% (excluded).
• (Note: Specific numbers for Gniezno, Tarnowo Podgórne stock percentages seem inconsistent or misplaced).