Demand and supply on the warehouse market – forecast

In the coming years, the demand for warehouses will continue and the supply will slow down. CBRE informs about the current situation on the warehouse market.

✅ 26.1 million sqm – this is how many warehouses we have after the 1st half of 2022 (+20% y/y). In 2022, 2.2 million sq m have already been built and 4.4 million sq m are under construction. Thus, we will start 2023 with over 30 million sqm of warehouses.

✅ 3.2% is the vacancy rate and is the lowest in history.

✅ The demand for warehouses will be generated mainly by production 🏭 and automotive 🚘. E-commerce will also be a driver of demand, although not as strongly as in previous years.