{"id":2275,"date":"2023-06-20T08:49:20","date_gmt":"2023-06-20T08:49:20","guid":{"rendered":"https:\/\/ceo.com.pl\/en\/?p=2275"},"modified":"2023-06-20T08:49:20","modified_gmt":"2023-06-20T08:49:20","slug":"industrial-developers-take-an-interest-in-rzeszow-96178","status":"publish","type":"post","link":"https:\/\/ceo.com.pl\/en\/industrial-developers-take-an-interest-in-rzeszow-96178\/","title":{"rendered":"Industrial developers take an interest in Rzesz\u00f3w"},"content":{"rendered":"<p><strong>Subcarpathia continues to gain importance and is likely to become a leading east-west transshipment hub supporting the rebuilding of Ukraine. Its potential has also been recognized by industrial developers who are building warehouses and securing land for future projects in the region, say Micha\u0142 Kozar, Senior Associate, and Janusz Dudek, Senior Advisor, Industrial and Warehouse Department, Newmark Polska.<\/strong><\/p>\n<p>Subcarpathia has, until recently, been one of the smallest warehouse markets in Poland. At the end of 2021, its total industrial and warehouse stock stood at just over 300,000 sqm. However, pre-lets for BTS warehouses finalized in that year pushed 2022\u2019s new supply up to more than 142,000 sqm. Another 49,000 sqm of industrial and warehouse space was delivered to the Subcarpathian market in the first three months of this year.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ceo.com.pl\/en\/industrial-developers-take-an-interest-in-rzeszow-96178\/#Subcarpathian_cities_beckon_investors\" >Subcarpathian cities beckon investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ceo.com.pl\/en\/industrial-developers-take-an-interest-in-rzeszow-96178\/#A_high_density_of_blue-collar_and_technical_workers_but_fewer_managers\" >A high density of blue-collar and technical workers, but fewer managers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ceo.com.pl\/en\/industrial-developers-take-an-interest-in-rzeszow-96178\/#Aviations_Silicon_Valley\" >Aviation\u2019s Silicon Valley<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/ceo.com.pl\/en\/industrial-developers-take-an-interest-in-rzeszow-96178\/#Subcarpathia_sees_no_change_of_plans\" >Subcarpathia sees no change of plans<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/ceo.com.pl\/en\/industrial-developers-take-an-interest-in-rzeszow-96178\/#The_future_is_in_Rzeszow\" >The future is in Rzesz\u00f3w<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Subcarpathian_cities_beckon_investors\"><\/span>Subcarpathian cities beckon investors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u201cImproving transport links with Europe and the rest of Poland are a key driver of Subcarpathia\u2019s growth. The region is benefiting from the extension of the international European Via Carpatia route, which at full build-out will connect Lithuania, Poland, Slovakia, Hungary, Romania, Bulgaria and Greece. Subcarpathia is also well-connected thanks to the A4 motorway, running through Poland\u2019s key economic centres, from the border with Germany to the Ukrainian border,\u201d says <strong>Janusz Dudek<\/strong>. Another incentive for investors are the region\u2019s two special economic zones (Euro-Park Mielec and Tarnobrzeg Euro-Park Wis\u0142osan), offering investors the highest tax exemptions in Poland.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_high_density_of_blue-collar_and_technical_workers_but_fewer_managers\"><\/span>A high density of blue-collar and technical workers, but fewer managers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors are also attracted to Subcarpathia by its growing labour market. \u201cThe region offers access to a large pool of workers with technical skills and high quality education. It is worth noting that new projects breaking ground here are being increasingly delivered sustainably with a focus on ensuring high levels of workplace safety, innovative solutions and R&amp;D,\u201d says <strong>Natalia Nowakowska, Senior Consultant, Hays Poland.<\/strong><\/p>\n<p>According to <strong>Karolina Szyndler, Senior Director, Hays Poland<\/strong>, unlike in other regions, recruiting blue-collar workers to work in manufacturing and warehousing in Subcarpathia is not too problematic as the availability of candidates for manufacturing positions is relatively high. \u201cIt is similar with hiring for technical, or grey-collar, roles that require specialist expertise. Sourcing specialized candidates is easier in several cities where there are already many companies operating in the production and warehousing industries. For example, in Rzesz\u00f3w, Mielec and Stalowa Wola,\u201d explains Karolina Szyndler. \u201cThe Subcarpathian production and warehousing sector is, however, rather young and as such it has not produced a sufficient pool of experts and managerial staff so far. It also lacks managers with relevant experience in greenfield projects. In practice, this means that local employers are increasingly focusing on working out strategies for sourcing and upgrading the skills they require, among other things, by investing in employee training programmes.\u201d<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Aviations_Silicon_Valley\"><\/span>Aviation\u2019s Silicon Valley<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The warehouse market in Subcarpathia is largely driven by the manufacturing, pharmaceutical and aviation sectors. Build-to-suit and build-to-own projects are another distinct feature of this market.<\/p>\n<p>\u201cSubcarpathia is said to be the Polish Silicon Valley for aviation. Such is also the history of the place, with Poland\u2019s largest aviation factory operating in Mielec since 1938. The region has seen new manufacturers of aircraft components grow over the years, attracting more investors to the area. In addition to history, Subcarpathia today offers aviation leaders access to well-educated talent and specialist pools,\u201d says <strong>Micha\u0142 Kozar, Newmark Polska.<\/strong> \u201cFor example, Boeing already has plants in the Aviation Valley in Rzesz\u00f3w and wants to grow in that location. It has recently announced the opening of its huge 6,600 sqm office in SkyRes, which will accommodate a few hundred employees who will support the global giant\u2019s aerospace programmes\u201d.<\/p>\n<p>International companies present in the region are growing and reporting increasing requirements for industrial and warehouse space. This was the case, among others, with BorgWarner, an American supplier of drive and exhaust systems solutions to such brands as <em>Mercedes Benz, AMG and Aston Martin.<\/em> \u201cBorgWarner launched operations in Poland in 2009, but as it continued to grow, it needed more production space. In 2022, it relocated to a dedicated facility with an area of close to 11,300 sqm developed by Panattoni within Panattoni Park Airport II,\u201d says Janusz Dudek.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Subcarpathia_sees_no_change_of_plans\"><\/span>Subcarpathia sees no change of plans<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The war in Ukraine did not deter tenants in Subcarpathia. Despite geopolitical turmoil, fashion retailer LPP completed its new logistics project with the opening of its largest 69,000 sqm warehouse in Poland in January this year. It is dedicated to the fulfilment of online orders from customers in Poland, the Czech Republic, Slovakia, Slovenia, Hungary and Ukraine. The new fulfilment centre was built at Panattoni Park Rzesz\u00f3w North.<\/p>\n<p>The largest leases in Subcarpathia were signed last year by the region\u2019s largest logistics operator Omega Pilzno (Reino Park Rzesz\u00f3w, 24,500 sqm) and SaarGummi (DL Invest Park S\u0119dzisz\u00f3w Ma\u0142opolski, 12,500 sqm). SaarGummi, a supplier of rubber sealing systems and solutions to the automotive and construction industries, launched operations in its new production plant last month (May 2023).<\/p>\n<p>\u201cDespite the ongoing growth of production plants and warehouses in Subcarpathia, this region &#8211; just like the whole country and Europe &#8211; has also been hit by a slowdown in recent months. Data from Newmark Polska shows that leasing activity for the first quarter of this year plummeted by almost 66 per cent from 30,700 sqm in Q1 2022 to 10,500 sqm in the period January-March 2023,\u201d says Micha\u0142 Kozar. \u201cHowever, the muted occupier activity hardly translates into more choice for tenants who remain active seeking new accommodation as the development pipeline has also shrunk, with all the space in projects under construction pre-let in the first quarter of this year. Meanwhile, the vacancy rate reached 3.6 per cent and vacant space was available in two parks only: LCube Logistic Park Rzesz\u00f3w and Panattoni Park Rzesz\u00f3w Airport III.\u201d<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_future_is_in_Rzeszow\"><\/span>The future is in Rzesz\u00f3w<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While the industrial sector is adapting to the new reality, investors are making plans for the future, including for Rzesz\u00f3w and the whole province, which became a leading transshipment hub for cargo transported from the West to the East after the outbreak of war in Ukraine. \u201cFor many months we have been seeing heavy traffic here due to the transportation of humanitarian aid. Even today, local logistics providers are receiving lots of enquiries about short-term storage options. When the war is over, Subcarpathia will become the epicentre of transshipment hubs supporting the rebuilding of Ukraine. We are confident that the majority of companies that will be taking part in the rebuilding effort or expanding into the Ukrainian market will initially choose not to build plants in Ukraine, where many roads and buildings have been damaged. They too will want to use the nearby infrastructure in Poland and Subcarpathia,\u201d says Micha\u0142 Kozar.<\/p>\n<p>Industrial developers and investors came to realise the potential of this location long ago, with the largest companies building warehouses and securing land for future projects in the Rzesz\u00f3w area. \u201cThe highest concentration of development activity in the region is in Rzesz\u00f3w, Korczowa, Jasionka, D\u0119bica and Chmiel\u00f3w. Three new projects were delivered to the Subcarpathian industrial market in the first quarter of this year: Panattoni Park Rzesz\u00f3w North (21,500 sqm), LCube Logistic Park Rzesz\u00f3w (19,600 sqm) and another building of DL Invest D\u0119bica (8,000 sqm). Other owners of production and warehouse buildings and development plots include 7R, CTP, Reino and Waimea Holding,\u201d concludes Janusz Dudek.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Subcarpathia continues to gain importance and is likely to become a leading east-west transshipment hub supporting the rebuilding of Ukraine. Its potential has also been recognized by industrial developers who are building warehouses and securing land for future projects in the region, say Micha\u0142 Kozar, Senior Associate, and Janusz Dudek, Senior Advisor, Industrial and Warehouse [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[2853,3069,2770,62,3292,3293,63,2577,2576,2688,148,2775,2574,2575,3251,3180,2855,64,2680,65,322,66,228,51,3294],"class_list":["post-2275","post","type-post","status-publish","format-standard","has-post-thumbnail","category-real-estate","tag-7r","tag-boeing","tag-bts","tag-czech-republic","tag-hays","tag-hays-poland","tag-hungary","tag-janusz-dudek","tag-karolina-szyndler","tag-leasing","tag-lithuania","tag-mercedes","tag-michal-kozar","tag-natalia-nowakowska","tag-newmark","tag-omega-pilzno","tag-panattoni","tag-poland","tag-polska","tag-romania","tag-rzeszow","tag-slovakia","tag-special-economic-zones","tag-ukraine","tag-via-carpatia"],"jetpack_publicize_connections":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/2275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/comments?post=2275"}],"version-history":[{"count":0,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/2275\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/1494"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=2275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=2275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=2275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}