In 2012, the Goodman Group delivered over 122,000 sqm of warehouse space in Poland, compared to over 47,000 sqm in 2011. In total, across Continental Europe, the group handed over more than 820,000 sqm of new space to customers last year, compared to 500,000 sqm the year before. Currently, Goodman holds land in Poland on which it can build an additional 875,000 sqm of logistics space.
– 2012 was a very successful year for our operations in Poland – we handed over more square meters to customers than ever before, as a result of which our real estate portfolio in Poland grew to over 266,000 sqm. We are convinced that the currently observed interest in leasing space in our key logistics centers will translate into further contracts. In September, we began speculative construction, i.e., without contracted tenants, of the Pomeranian Logistics Centre in Gdańsk, and we have recently acquired our first two customers there. The construction and commercialization of the Kraków Airport Logistics Centre are also progressing efficiently, where 1/3 of the target 150,000 sqm of the center is already occupied – said Błażej Ciesielczak, Regional Director of Goodman for Poland.
Logistics space delivered by Goodman in Poland in 2012
Across Continental Europe, the Goodman Group handed over 820,000 sqm to customers as part of 26 projects in six countries. This result is 64% higher than in 2011, when the Group handed over 500,000 sqm.
25% of the space built in 2012 was leased to customers from the e-commerce sector, which is currently one of the most important drivers of the logistics real estate market in Europe. Examples of the largest projects for this industry last year include two logistics centers for Amazon in Germany with a total area of 110,000 sqm. These projects confirm Goodman’s leading position in Europe as a developer and investor in the field of building logistics space for the e-commerce sector.
Goodman Group currently manages 4 million sqm of logistics space in twelve European countries.