In its report on the real estate market in the Tri-City, NEXT Markets S.A. indicates that at the end of the second quarter of 2011, the supply of modern warehouse space in the Tri-City amounted to 140,000 sq m, with as much as 65% of these resources located in Prologis Park Gdańsk.
During the period under review, the volume of unleased space in the Tri-City reached approximately 7,200 sq m, which accounted for about 5% of the total resources available for lease.
The latest investment is the Panattoni warehouse and logistics center in Gdańsk, which has been fully leased. The main tenants are ABRA SA, Pika, K-Ex, and Farutex. Ultimately, the developer plans to complete three buildings, which will offer a total of 46,200 sq m of leasable space.
– Several significant warehouse facilities in the Tri-City remain in the design phase. If they are completed on time by the end of 2012, the leasable area will increase by 103,000 sq m. According to our forecasts, due to low developer activity and limited availability of vacant warehouse space for lease, rental rates may increase slightly in the long term – says Beata Hebel from NEXT Markets.
At the end of the second quarter of this year, they were at the level of 3-4 EUR/sq m/month.