ARTICLES LABELLED WITH TAG Axi Immo

Global Reach Logistics (GRL), a third-party logistics (3PL) provider, has leased an 11,680 sqm warehouse space in the distribution centre Prologis Park Poznań. The business venture is a transaction in cooperation with AXI IMMO and the Czech consulting company 108 AGENCY, which run joint projects within IRELS, an organisation of international specialists in the logistics real estate sector.

Economic progress inevitably brings increased demand for electric energy. In a historical context, coal-fuelled growth in the 19th century, oil facilitated the expansion of the global economy in the 20th century and data is stoking today’s economic progress. Data centres are the most rapidly growing segment of real estate and operating them requires an enormous amount of energy. Janusz Gutowski, CEO AXI IMMO Services at the AXI IMMO Group highlights the key issues around data centres’ demand for energy and explains what the alternative sources of energy for the sector are. 

Mecalit, a supplier of technical precision parts made of plastic, decided to sign a lease agreement for 10,500 sqm of warehouse space at the Central European Logistics Hub, an investment owned by Panattoni Europe. AXI IMMO was responsible for the comprehensive advisory services for the tenant.

According to AXI Immo, the Polish industrial market remains in great form. The sector is still attractive in the eyes of investors, and the boom in the e-commerce industry continues to fuel occupier demand. Take-up in Q1 2021 was 59% higher than in the same period last year, at 1.6m sqm. In addition, new sources of financing and greater developer confidence resulted in an increase in the amount of space under construction, which at the end of March 2021 reached 2.3m sqm (+11% y/y). 

Part of the Glamox Group, ES-SYSTEM, a producer and supplier of professional lighting systems, has decided to let nearly 11,500 sqm of modern warehouse and office space in the 7R Park Poznań East logistics centre. The tenant was represented in the negotiation process by AXI IMMO consultants.  

The highest ever 5.2 million sqm of warehouse space was leased in 2020 as a result of significant changes in consumer behaviour in this exceptional year. The industrial and logistics sector was the fastest to adapt to the new requirements linked with the COVID-19 pandemic, quickly adopting supply chains and ensuring health and safety to workers and customers. 2020 was also the year of rapid growth of all segments related to the e-commerce sector. In the coming years, e-commerce will set the pace of development for the entire warehouse market in Poland. AXI IMMO presents their report Polish Industrial & Logistics Market in 2020.

The key pandemic-related trends on the Polish office market of 2020 include the transformation of the way work we work and where we work. This prompted many occupiers to redefine their needs regarding the size of the office and the way the office is arranged. Equally important was ensuring workplace safety, also through new technological solutions. As a result of the pandemic and the lockdown measures, both development and leasing activity decreased slightly last year. Demand came mostly from new contracts and renewals. The AXI IMMO advisory firm summarises market conditions in 2020 and explores current office space trends in Poland.

Healthy occupier demand combined with high development activity have in recent years resulted in an increased appetite for investment land for industrial and logistics properties in Poland. Plot prices have risen as a result in the most attractive locations. Suitable, well-located greenfield land has become scarce, which has turned developers’ attention to brownfield plots. The COVID-19 pandemic has not had a material impact on the demand-supply balance in the land market, according to AXI IMMO.

The spread of the hybrid model of working, fast-tracked digitalization of business processes, combined with increased awareness about the importance of employee well-being are the main trends that shaped the office market in Poland in 2020. An indirect effect of the Covid-19 pandemic was an increase in lease renegotiations, as well as a rise in the amount of space available on a sublet basis. AXI IMMO presents a preliminary analysis of the key trends in the Polish office market this year.

Total modern warehouse stock in Poland exceeded 20 million sqm in Q3, with a further 1.5 million sqm currently underway despite the pandemic. Occupier activity was at the second-highest level on record in Q3 2020, reaching 1.22 million sqm (+49% y/y). Overall, 3.5 million sqm has been leased since the start of the year. Investor sentiment also remains robust, as testified by a record volume of transactions signed so far in 2020. Axi Immo presented its report on the Polish warehouse market in Q3 2020.