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2021-05-10 00:00:00
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The Industrial market is exhibiting substantial growth in 2021 with a gross take-up of 1.6 million meter squared in Q1 2021.
This time last year the market was just about recovering from the early lockdown due to covid on industrial real estate, the industrial growth in Q1 2021 was the best preforming quarter in Poland ever recorded.
Demand was continually driven by new deals and expansions, which accounted for almost 70% of total take-up. The market observed a wide range of contracts, from deals regarding units under 1000 m² to a lease of 100,000 m².
The industrial sector also saw demand from a range of areas reflected by the types of assets, as demand to differing degrees, was attributable to a range of formats such as large big-boxes located in the vicinity of major cities as well as regional emerging hubs, BTS developments and city logistics schemes.
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