The Łódź region continues to strengthen its position as one of the most important logistics hubs in Poland. According to the report by AXI IMMO, Poland’s largest commercial real estate advisory firm, that has been titled “Łódzkie. Tailor‑Made. Analysis of the Industrial & Logistics sector in the Łódź Voivodeship”, tenant demand in 2025 reached 1.17 million sqm (+17% y/y), marking the second‑highest result nationwide. Total stock exceeded 5.1 million sqm, while limited development activity caused new supply to fall to 216,000 sqm (‑37% y/y). At the same time, the vacancy rate followed a downward trend, declining by 2.7 pp year‑on‑year to 7% at the end of December 2025.
Take-up driven by retail, logistics and manufacturing
The year 2025 in the Łódź region was marked by high tenant activity, with lease renewals accounting for 60% of total take‑up. Meanwhile, net take-up (new leases and expansions) amounted to 475,000 sqm (‑4% y/y). The highest activity was recorded within Łódź itself, where new deals totalled 141,000 sqm. The structure of take-up in the region remains stable, dominated by three economic sectors: retail (37.5%), logistics and distribution operators (36%), and manufacturing companies (23.5%).
Selective developer activity
As in most major industrial & logistics markets in Poland, developer behaviour in the Łódź region became more cautious. In 2025, 216,000 sqm of new space was delivered (‑37% y/y). By the end of December 2025, 189,000 sqm remained under construction, of which only 14.8% was speculative space not secured by pre‑lets. Several projects were put on hold due to previously elevated vacancy levels exceeding 10% for multiple quarters. However, the situation improved, with the vacancy rate falling to 7% at the end of 2025, and availability of large warehouse units above 20,000 sqm narrowing considerably.
Stable rental levels and the region’s competitiveness
According to AXI IMMO’s Research Department, the Łódź region remains one of the most cost‑competitive logistics locations in Poland. In older schemes, headline rents ranged from EUR 3.60 to 4.20/sqm/month, while new developments commanded EUR 4.20–4.60/sqm/month. The lowest rents were achievable in Piotrków Trybunalski (EUR 3.1–3.7/sqm/month) and the highest within the administrative boundaries of Łódź (EUR 4.0–4.6/sqm/month).
Hubert Wojtera, Director, Industrial & Logistics Agency, AXI IMMO, comments: “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”.
Market outlook
AXI IMMO experts forecast that in 2026 the industrial & logistics market in the Łódź Voivodeship will remain stable, with tenant demand largely driven by renewals of existing leases. At the same time, expansion plans by distribution companies and increased interest from the manufacturing sector – particularly firms seeking to separate production and storage functions – will contribute to additional growth potential.
