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Colliers International summarizes the first half of 2011 in the warehouse space market

Colliers International, a leading advisory firm in the international commercial real estate market, has maintained its leadership position in terms of lease transactions concluded with the participation of an intermediary in the warehouse space market in Poland.

In the first 6 months of 2011, Colliers International advisors participated in a total of 46 warehouse space lease transactions (new agreements or renegotiations of existing ones). The concluded transactions represent 52% of the entire market in terms of leased square footage.
– We are observing a significant revival on the demand side – said Maciej Chmielewski, Partner in the Industrial and Logistics Agency at Colliers International. – Tenants have become much more active. They are more interested in scaling their business than in minimizing risk and exposure. We can also see a return of direct investments to Poland from foreign investors, and this is another significant component of new net demand for warehouse and production space.