> **来源：[研报客](https://pc.yanbaoke.cn)** # Warsaw Warehouse Market Summary - Q1 2026 ## Core Content The Warsaw warehouse market remains the largest and most dynamic in Poland, with a strong presence in both existing and new supply. As of the end of Q1 2026, the total modern warehouse stock in the Warsaw region reached **7.3 million square meters**, accounting for **19.6%** of the national industrial and logistics supply. The market is characterised by a high degree of diversity in terms of **technical specifications, building quality, and location**. The existing stock is mainly concentrated in two logistics zones: - **Zone I**: Within a **12 km radius** of Warsaw city centre, including **Okęcie, Służewiec Przemysłowy, Targówek, and Żerań**, representing about **20%** of the metropolitan area's warehouse stock. - **Zone II**: From **12 km to 50 km** from the city centre, covering **80%** of the warehouse supply. It is focused along major transport corridors like **E30, E67, and E77**, connecting to cities such as **Poznań, Katowice, and Kraków**. ## Key Market Indicators - **New Supply (Q1 2026):** Developers delivered **130,000 sq m** of Grade A warehouse space, marking a **significant increase** compared to the previous quarter and the same period in 2025. - **Under Construction:** At the end of Q1 2026, **540,000 sq m** of modern warehouse space was under construction, with **46,000 sq m** added during the quarter. - **Leasing Activity:** Total leasing activity in Q1 2026 amounted to **315,000 sq m**, representing a **40% year-over-year increase**. - **Vacancy Rate:** The vacancy rate stood at **5.7%**, **0.1 percentage points lower** than the previous year, but **1.2 percentage points higher** on a quarterly basis due to the delivery of new supply and a **modest commercialisation rate of 50%**. ## Lease Terms and Rents - **Standard Lease Terms:** Typically include a **rent-free period of 1–1.5 months** per year of the lease term. - **Asking Rents for Warehouse Space:** Ranged between **EUR 3.80–7.50 per sq m per month**, remaining stable compared to the previous quarter. - **Asking Rents for Office Space:** Ranged from **EUR 10.00–12.50 per sq m per month**. - **Service Charges:** Ranged from **PLN 4.00–7.00 per sq m per month**. ## Top Warehouse Destinations The top five warehouse destinations in the Warsaw region (by existing stock) are: 1. **Błonie** – 820,000 sq m 2. **Ożarów Mazowiecki** – 460,000 sq m 3. **Pruszków** – 440,000 sq m 4. **Mszczonów** – 460,000 sq m 5. **Teresin** – 440,000 sq m ## Economic Context - **Population:** 5.5 million - **Voivodeship Area:** 35,559 sq km - **Average Monthly Salary (Enterprise Sector):** PLN 11,500 (gross) - **Unemployment Rate:** 4.5% - **Average Monthly Salary (Transportation and Storage Sector):** PLN 9,100 (gross) ## Infrastructure Warsaw is well-connected by **high-speed roads**, including: - **A2 Highway:** 80 km - **Expressways:** S2, S7, S8, S17, S61 (total of **500 km**) This infrastructure supports the logistics and industrial activity in the region, enhancing its attractiveness for businesses. ## Major Developments - **Largest Completions (Q1 2026):** - **CTPark Emilianów:** 53,600 sq m - **Marq Warsaw VI Logistics Centre:** 37,400 sq m - **MLP Pruszków II:** 24,100 sq m - **Largest Project Under Construction:** **Hillwood S8 Warsaw South** – 58,800 sq m, scheduled for completion in **Q2 2026**. ## Demand Drivers Lease renewals were the **dominant source of demand**, accounting for **63%** of total take-up. **New leases** made up **25%**, and **expansions** accounted for **13%**. ## Contact Information For more information or to access Knight Frank’s research reports, please contact: - **Phone:** +48 22 596 50 50 - **Website:** [www.KnightFrank.com.pl](http://www.KnightFrank.com.pl) ## Research Team Knight Frank Poland has a **comprehensive research team** that provides: - Strategic consulting and independent forecasts - Market reports and analysis for the public - Tailored presentations and reports for clients Reports are produced **quarterly** and cover all sectors of the commercial market, including **office, retail, industrial, hotel**, and **PRS** in major Polish cities and regions such as **Warsaw, Kraków, Łódź, Poznań, Silesia, Tricity, Wrocław, Lublin, Szczecin**. ## Disclaimer This report is for **general information only** and should not be relied upon for decision-making. Knight Frank disclaims all responsibility or liability for any loss or damage resulting from the use or reliance on the contents of this document. Reproduction of the report is **not allowed without prior written approval**.