Litwiniuk Property about the market of warehouse and office in Poland - November 2014

About the market of warehouse spaces of the A class in Poland.

In 2014 supply of storage spaces of the A class amounted about 8 milions m2. Average rents of the lease continue on the level 2,5-3 Euro/m2. The biggest avaliability of storage spaces is of course in the capital city- about 2,5 mln/m2 the vacancy rate amounted to10%. The second market in terms of the magnitude of the supply and demand is upper śląsk, the supply in this area amounts more than 1,3 mln m2. The rate of not-rented areas is comparable with Warsaw. Poznań is a next market, supply of storage spaces of the A class and in logistic parks in 2014r. amounted to the about 1 million, vacancy rate is only about 4.4%. In Central Poland the supply of modern storage spaces also amounted of about 1 m2 million. In surroundings of Łódź of the most stock new investments for Tenants carried Panattoni out.The vacancy rate in this area in 2014r took out about 12%. In Wrocław the supply amounted about 800,000 m2. Among others Goodman put new storage spaces into operation. Trójmiasto - the supply on this market amounts about 200,000 m2. The vacancy rate took out about10%. In Cracow the supply of storage spaces amounted about 140,000 m2. The rate of not-rented areas is being maintained on the level about 4%. Szczecin is still the smallest market in the comparison to above-mentioned. North West Logistic Park in Szczecin will offer 64 000 m2 of the modern area and is on the present stage of the structure rented already in the 80%.A level of putting on a profit-making basis is looking alike of the second available logistic park in this area i.e. Prologis Park Szczecin - devoted to the storage space amounts to use 53,000 m2 and in the 100% is rented.The vacancy rate in Szczecin is the lowest in Poland and it amounts to about 1.5%.

About the warehouse market in Szczecin.

Litwiniuk Property consultancy firm is conducting the lease/commercialization of logistic parks and of office spaces of the A class and on the area of entire Poland.Szczecin offering two locations of the A class halls (one in surroundingsof Goleniów) is still an insatiable market , for comparison in the most immediate province capitals the number of logistic parks is definitely larger, e.g. Gdańsk offers 7 locations, Poznań 10, Wrocław 8.In Szczecin the number of investment is still small, therefore at present developers are seeking ground for the completion of next projects which should meet demand to first-class production-stock surfaces.International and all-polish companies which so far sought the surface of this type in the area of western Poland, took Wrocław and Poznań into consideration, at present are interested also with Szczecin, thanks to the availability of the area of the class A. Worldwide companies are depositing their magazines and the area production exclusively in logistic parks of the A class and, therefore new investments have a great importance for the city - said a general director of Litwiniuk Property- Patryk Litwiniuk.

About the office market in Poland.

In Poland Warsaw has the largest stores of the office space - in 2014r. supply of the modern office space of the class A and in the capital city amounts to the about 4 mln m2. Coefficient of not-rented areas is about 12%. On next places in terms of the supply of the office space of the A class are placing themselves: Cracow and Wrocław with the supply in each of these cities of the about 500 00 m2 . In Cracow the demand for the office space is keeping at a high level from here amount of uninhabited buildings it only about 5%, however in Wrocław – about 14%. In Trójmiasto the supply grew to about 400 00 m2, at about 14% of uninhabited buildings. In Poznań and Łódź the supply in each of above cities amounts to the about 250 00m2. The rate of the not-rented office space is taking out both in Poznań as well as Łódź took out about 4%. In Szczecin the supply of the modern office spaces of the A class amounts to the about 95 m2 at the rate of not-rented area about 24%. The demand of modern office areas A classes in Poland, is still keeping at a high level, and it is supporting coming into existence of office new investments. Thanks to the still growing supply of offices on the Polish market, for the Tenant are having access to more and more modern and luxurious office space, at keeping attractive and stable rent rates -is assessing Grażyna Litwiniuk, Vice-chairman of the management Board of the Litwiniuk Property consultancy firm.

About the office market in Szczecin.

Szczecin still until recently was a city, which was missing accessible of modern office spaces of the A class our analysis results, that at present already on the base handed over for use of such office investments as: Piastów Office Center, Port Gate, Lastadia Office, Oxygen, Office Maris Centre, Baltic Business Park will be kept keen demand to office spaces of the class A.In the nearest years next office investments of the A class in Szczecin are being planned and in certainly at such a little supply of offices of the first-class, new investments will also be put on a profit-making basis – thinks Patryk Litwiniuk, the representative of the Litwiniuk Property consultancy firm which is managing Piastów Office Center.