Poland real estate market sees rising logistics demand and retail investment

The Polish real estate market is experiencing significant shifts in both the logistics and retail sectors. In the logistics segment, demand is rising while vacancy rates have dropped to 6.6%, the lowest since 2023. Developers are increasingly focusing on multifunctional industrial halls that support automation and evolving business processes. Notably, Reino IO Logistics completed the Reino IO Piotrków BTS project, a facility designed for advanced technological requirements, while Allegro has inaugurated a major 27,000 square meter cross-dock sorting center in Piotrków Trybunalski to enhance its e-commerce capabilities.

In the retail sector, the first half of 2026 saw a major resurgence in investment, with transaction volumes exceeding 1 billion euros—surpassing the total for all of 2025. The market is diversifying beyond the previously dominant retail park format to include large shopping centers, convenience portfolios, and sale & leaseback transactions. Additionally, modern retail space in Poland has grown by over 200,000 square meters in the first half of the year, reaching a total of 14 million square meters. Much of this new supply is concentrated in retail parks located in smaller towns and on the outskirts of major metropolitan areas.