Thursday, 26 March 2026
AXI IMMO reports that the Łódź region continues to strengthen its role as a logistics hub in Poland, supported by sustained tenant demand and improving vacancy levels, despite a slowdown in new development.
According to the firm’s latest report, total leasing activity in 2025 reached 1.17 million sqm, an increase of 17 percent year-on-year and one of the highest levels recorded across the country. At the same time, total industrial and logistics stock in the region exceeded 5.1 million sqm. New supply declined to 216,000 sqm, reflecting a more cautious approach by developers, while the vacancy rate fell to 7 percent by the end of the year.
Leasing activity was largely driven by renewals, which accounted for around 60 percent of total take-up. Net take-up, including new leases and expansions, reached 475,000 sqm, slightly below the previous year. The city of Łódź recorded the highest level of new leasing activity within the region. Demand continued to be led by retail, logistics and distribution operators, as well as manufacturing companies.
Development activity remained selective, with 189,000 sqm under construction at the end of 2025. Only a limited share of this pipeline was speculative, reflecting a preference for pre-let agreements. Earlier increases in vacancy had led some developers to delay projects, although the reduction in available space during 2025 indicates a tightening market, particularly for larger warehouse units.
Rental levels remained stable, with the region continuing to offer relatively competitive costs compared to other logistics hubs in Poland. Headline rents in older schemes ranged between €3.60 and €4.20 per sqm per month, while new developments achieved between €4.20 and €4.60 per sqm per month. Lower rental levels were recorded in Piotrków Trybunalski, while higher levels were seen within Łódź.
Hubert Wojtera, Director, Industrial & Logistics Agency at AXI IMMO, said: “The Łódź region has long served as one of Poland’s key logistics and distribution hubs. Its advantage stems primarily from its central location and excellent transport infrastructure, which enable efficient nationwide distribution. In 2025, we observed particularly high activity among companies serving the domestic market, which view the Łódź region as a natural base for building national logistics operations. In the coming years, demand may be further supported by the growth of the manufacturing sector and new infrastructure investments. Locations situated near the planned ‘Port Polska’ project will also gain strategic importance, potentially becoming a major driver of regional development in the longer term”.
Looking ahead, AXI IMMO expects the market to remain stable in 2026, with demand largely supported by lease renewals. Additional activity is likely to come from distribution companies and manufacturing firms, particularly those separating production and storage operations.
