2025-03-12-莱坊-Warehouse_market_Lower_Silesia_Q4_2024_4页_1mb

Lower Silesia Warehouse Market Summary

Key Points:

• Lower Silesia is the fourth-largest warehouse hub in Poland, with 4.2 million square meters of warehouse space by end of Q4 2024, accounting for 12.2% of Poland's total stock.

• The region's appeal stems from its strategic location, including extensive road infrastructure connecting to Germany and the Czech Republic, and its position on the New Silk Road route.

• Most warehouses are concentrated around Wrocław, specifically in areas like Bielany Wrocławskie, Kąty Wrocławskie, and Wojkowice.

• New supply growth was 19.1% year-on-year with 625,000 square meters delivered in 2024, but new supply declined sharply in Q4 2024 due to only 25,000 square meters of new construction starting.

• Total leased warehouse space in 2024 was 785,000 square meters, but rental take-up decreased by 21% compared to the previous year, remaining below the five-year average.

• The vacancy rate rose to 9.0% by end of Q4 2024, a 3.6 percentage point increase year-on-year, while asking rents for warehouses stabilized at 3.50–4.70 EUR/sq m/month.

• Economic data and infrastructure details, such as high-speed roads (e.g., A4, A8), provide context for the region's strengths.

• This report is part of Knight Frank's commercial real estate analysis, published quarterly for strategic decision-making.