The Wroclaw market is also one of the most dynamic in Poland in terms of demand and new supply volumes with average annual leasing activity standing at 441,100 sq m and average annual new supply at 211,000 sq m in the years 2015-2019. In the first three quarters of 2020 almost 329,300 sq m of new space was completed in Dolnoslaskie voivodeship and the leasing activity stood at 352,000 sq m.
Despite the COVID-19 situation, the results from the first half of the year in the warehouse market turned out to be very good. Tenants did not make sudden decisions and the pending transactions relating to new projects or expansions continued as planned. Agreements are still being signed despite initial difficulties with physical contact, and the volume of newly signed transactions in the first half of the year was higher than for previous years.
A historical view of the Wroclaw industrial and logistics real estate market
From a trade, logistics, and overall business perspective, Wroclaw region has been always benefiting from the favorable geographical location close to the German and Czech borders, along with one of the main transit corridors between Western and Eastern Europe – the A4 highway. Due to this very reason, the first industrial and logistics developments started springing up in the southern part of the city where the highway runs, and more specifically in the Bielany Wroclawskie area which became a prime industrial and logistics real estate location with most of the Wroclaw’s blue chip manufacturing, 3PL and e-commerce companies having established presence there (Amazon, Cargill, Mondelez, Sauer Danfoss, Orsay/Ordipol, Kuehne+Nagel, and many others). The rapid development of road and air transportation infrastructure prior to the 2012 European Football Championships (primarily the A8 highway bypass connecting with A4 on Wroclaw’s south-western fringe), as well as the later construction of the S8 expressway linking Wroclaw with Warsaw and central Poland resulted in the dramatic improvement of the city’s accessibility and opened up a number of new locations which now became suitable for industrial real estate development (mainly north and north-eastern parts of the city, but also the farther locations in the south). Today, industrial and logistics parks delivered by institutional developers offer manufacturing and warehouse accommodation in virtually every part of the greater Wroclaw area including both big box and small business unit solutions.
How to find a warehouse or industrial space in Wroclaw?
The identification and implementation of the best real estate solution can be accomplished in a few simple steps, the outline of which has been described below.
The identification and implementation
|Phase 1DETERMINING KEY PROJECT REQUIREMENTS AND BUSINESS OBJECTIVES||
|Phase 2A LOCATION ANALYSIS||
|Phase 2BTENDER PROCESS||
|Phase 3CONTRACT NEGOTIATION AND TRANSACTION MANAGEMENT||
|Phase 4 CONSTRUCTION MANAGEMENT||
Methods of acquiring an industrial/logistics space
Lease of vacant existing space in an existing industrial/logistics park
Pre-lease of the desired space in an existing industrial/logistics park
Built to Suit in a new location – either selected by the investor or predefined by existing market opportunities
Brownfield - acquisition of an existing facility to be adopted for investors future needs
Developer - acquisition of serviced land and development of the facility with an industrial developer
Contractor(s) - acquisition of serviced land and development of the facility with a General Contractor or several contractors
Comparison of Timelines