This real estate market report “Marketbeat – Spring 2011” was prepared by the Marketing Department in cooperation with the Valuation and Advisory Department of Cushman & Wakefield.
The company’s experts summarized the Polish office, retail, industrial, hotel, and residential real estate markets, as well as the investment market in 2010. The publication also presents forecasts for 2011.
Industrial Real Estate Market
The year 2010 brought better-than-expected results to the industrial space market. Supply increased by over 300,000 sqm, and total stock at the end of 2010 amounted to 6.5 million sqm. Demand increased by nearly 86% compared to 2009. New investments were carried out on the condition of concluding pre-let agreements, and many newly emerging facilities were built-to-suit projects. The vacancy rate fell in almost all regions. Rents remained at a stable level.
Full report in PDF format.