The demand for new logistics space from retailers has slowed in the first 6 months of 2008 due to the slowdown in European economies, with Europe unable to avoid the fallout from the US sub-prime and subsequent banking and liquidity crisis – according to the latest research ‘EUROPEAN LOGISTICS MARKET - a review of the first half of 2008’ by the King Sturge property consultancy.

Marzena Pobojewska, Associate Director and Head of Industrial Agency at King Sturge: “Despite the recent changes in the world economy, the warehouse and logistics market in Poland has proved robust. Poland has continued to see sustained growth in demand for logistic space due to it strategic importance in Europe and as a result developers continue to invest in the region. This coupled with consumer spending growth and a growing number of suppliers and manufacturers moving east to Poland, Ukraine and Russia means the market remains’ attractive.”