Industrial market in Poland August 2020
Another record has been beaten. Industrial sector had its best H1 in the history. The market witnessed 20 deals with a total volume of almost 1.2 billion euro.
Despite the outbreak of the COVID-19 pandemic and the resultant lockdown of the economy in H1 2020 Polish industrial market remained resilient and witnessed a record-breaking 2.2 million m² of gross take-up*. The industrial market in Poland remained on the fast track, with the second-best result in Europe in terms of new demand. Not only Poland was the only country to register a noticeable growth in net take-up compared to the corresponding period of 2019, but this growth amounted to an impressive 30%.
At the end of June 2020, total existing industrial stock exceeded 19.7 million m², spread across more than 400 industrial parks. In the first half of the year more than 1 million m² of new space was delivered. With this result, Poland was the third most active country in Europe in terms of development, with a 15% share of newly completed space.