仓库市场_西里西亚电力2025年第四季度

Investment Rating - The report does not explicitly state an investment rating for the warehouse market in Lower Silesia, but it highlights the region's strategic importance and growth potential, suggesting a favorable outlook for investors. Core Insights - Lower Silesia is the fourth largest warehouse market in Poland, with a total warehouse stock of approximately 4.6 million square meters, accounting for 12.6% of Poland's total modern warehouse supply [6] - The region's attractiveness is bolstered by its well-developed transport network, facilitating efficient logistics connections with the Czech Republic and Germany, and its position along the New Silk Road corridor [5] - The warehouse stock in Lower Silesia increased by 8.6% year-on-year, although new supply has slowed significantly, with only 300,000 square meters completed in 2025, a drop of over 50% compared to 2024 [7] - The total volume of lease agreements signed in 2025 reached just under 850,000 square meters, with demand nearly 8% higher than the previous year [9] - The vacancy rate at the end of Q4 2025 was 9.7%, an increase of 0.7 percentage points year-on-year, attributed to a high share of renegotiations in the leasing structure [10] Summary by Sections Warehouse Market Overview - The existing warehouse stock in Lower Silesia is 4.6 million square meters, with a vacancy rate of 9.7% at the end of Q4 2025 [6][10] - The region's warehouse market is strategically located, enhancing its appeal for manufacturing and distribution activities [5] Supply and Demand Dynamics - New warehouse supply in 2025 was 300,000 square meters, significantly lower than previous years, indicating a cautious approach to new developments [7][8] - The total take-up for warehouse space in 2025 was approximately 850,000 square meters, reflecting a strong demand despite the reduced supply [9] Rental Rates and Lease Terms - Asking rents for warehouse space in the region range from EUR 10.00 to 12.50 per square meter per month, with service charges between PLN 4.00 and 4.70 per square meter per month [4][10] - A rent-free period of 1-1.5 months is common in lease agreements [5]