Kraków’s warehouse market remains one of the smaller markets in Poland; however, its strength lies in solid fundamentals and limited supply, which—combined with sustained demand—supports low vacancy rates and stable rental levels. According to the report “Kraków – Commercial Real Estate Market,” high barriers to entry, including land shortages and rising development costs, significantly shape the characteristics of the local market.
At the end of 2025, total warehouse stock in Kraków exceeded 1.18 million sq m, accounting for approximately 3.2% of national supply. Despite its relatively small scale, the market remains an important point on Poland’s logistics map, supported by a large consumer base and well-developed transport infrastructure, including the A4 motorway and the S7 and S52 expressways.
Warehouse space is primarily concentrated around the airport and in municipalities neighboring Kraków, such as Skawina, Modlniczka, and Wieliczka. Locations to the east of the city—such as Niepołomice, Targowisko, and Rzezawa—are also gaining importance, emerging as new logistics hubs.
Following a period of very high developer activity in previous years, 2025 brought a clear slowdown. More than 42,000 sq m of new space was delivered, representing a nearly 75% year-on-year decline. At the same time, the volume of space under construction fell to just 8,000 sq m—almost 90% less than a year earlier.
Limited new supply, combined with sustained tenant interest, has led to a further tightening of availability. By the end of Q4 2025, the vacancy rate stood at 2.8%, remaining one of the lowest in the country and significantly below the national average of 7.4%.
“Kraków is a supply-constrained market that naturally maintains very low vacancy rates. High barriers to entry mean that new projects are developed selectively, which from an investor’s perspective translates into stability and predictable cash flows,” said Szymon Sobiecki, Analyst in the Market Research Department at Knight Frank.
Demand for warehouse space in the region remains relatively strong. In 2025, more than 150,000 sq m was leased, despite a year-on-year decline of around 15%. At the same time, rents remain stable, ranging from EUR 4.00 to EUR 6.00 per sq m per month within the city.
“Despite its relatively small scale, Kraków’s warehouse market benefits from strong economic fundamentals and growing demand for logistics services. In the long term, its development will continue, although the pace of growth will remain moderate due to supply constraints,” added Michał Królik, Senior Negotiator in the Industrial and Logistics Leasing Department at Knight Frank.
About the Report:
The information comes from the report “Kraków – Commercial Real Estate Market,” prepared in cooperation with the City of Kraków. The publication presents the current situation and potential of the key segments of Kraków’s commercial real estate market, including offices, warehouses, hotels, retail, living, and investment.
