PropertyEU
Poland leads rising demand for modern industrial space in Central Europe
Date: 22 February 2012
Category: Research
Demand for modern industrial premises in Central Europe continues to grow, according to new figures from Cushman & Wakefield. In 2011, more than 3.2 million m2 of industrial stock was leased in the region, beating the previous record set in 2008.

'Two to three years ago, the global market was overwhelmed with concerns and companies opted to postpone their plans for expanding or moving their manufacturing premises. The period of uncertainty has caused them to look for the most efficient solutions,' Ferdinand Hlobil, head of C&W's Central European industrial team, said in a statement.

The largest share of space leased in Central Europe was recorded in Poland, which made up almost 60% of the entire take-up last year. There was growing interest in all countries of the region, with the exception of the Czech Republic. The highest year-to-year increase in activities was seen in Slovakia where the take-up volume almost doubled against 2010, C&W said.
 
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