Pomerania
Tri-City
Real Estate Market
▪ Tri-City Agglomeration: M 1,2 people;
▪ Core Tri-City Area: 414 km;
▪ Transportation: Fast Urban Railway, trams, buses.
Tri-City (Gdansk, Gdynia, Sopot)
WARSAW
TRI-CITY
Gdynia
Sopot
Gdańsk
Baltic Sea
Gdansk Lech Walesa Airport
Port of Gdynia and Port of Gdansk
A1 Motorway, S6 and S7 Expressway
Railway
Gdansk – Warsaw – 3h 35m*
Gdansk – Krakow– 6h 25m*
* A1 Motorway
Gdansk – Warsaw – 2 h 45m*
Gdansk – Krakow– 5h 13 m*
* Pendolino train
Developed road & railway network
GDANSK
WARSAW
Olsztyn
Slupsk
Bialystok
Torun
Poznan
Szczecin
S6
A2
A1
A1
A2A2
S7
S22
S7
5
Main roads
Roads under construction
--- Railway network
Borders of voivodships
Direct Flight Connections to All Major European Airports
▪ Lech Walesa International Airport serves
connections with the most important
European cities;
▪ Among all Polish airports, Gdansk offers
the greatest number of air connections
with the Scandinavian countries.
2,9
mln
▪ 4,6 million passengers in 2017;
▪ Most popular airlanes in 2017: Warsaw, London, Oslo, Stockholm,
Copenhagen, Frankfurt, Munich, Dortmund, Cracow, Turku.
3,3
mln
3,7
mln
4,0
mln
2013
20142015
2016
Number of passengers
2017
4,6
mln
Sea Ports in Gdansk and Gdynia
Source: DCT Gdańsk
Source: Own materials
▪ All kinds of cargo;
▪ Direct calls from China;
▪ Biggest vessels in the world call at Gdansk;
▪ Biggest container hub in the Baltic Sea;
▪ 112 cruise ships in 2017.
Source: Own materials
Mix of architecture
Growing economy
Growing economy
▪ GDP Growth: 4,5% (2016);
▪ Business Services- 41 centres, 10.000 people;
▪ IT – 67 centres, 16.000 software developers;
▪ Logistics – growing hub for CEE;
▪ Shipbuilding – 2 bilion Euro sales annualy;
▪ Tourism.
Office market
Office stock by completion year (m2)
51%
24%
10%
15%
0-5 years
6-10 years
11-15 years
over 16 years
Source: Colliers International 2018, The largest office markets in Poland, Market Insights 2018
Completions
Tri-City 2010-2017
Source: JLL, PORF, Q4 2017
Source: Colliers International 2018, The largest office markets in Poland, Market Insights 2018
73%
22%
5%
Gdańsk Gdynia Sopot
The total stock in TriCityamounts to almost
700 000 m2
TriCity is at the third place among regional markets in Poland
regarding total stock
Source: Colliers International 2018, The largest office markets in Poland, Market Insights 2018
*f forecast
New supply 2010-2017 (m2)
0
20000
40000
60000
80000
100000
2010 2011 2012 2013 2014 2015 2016 2017 2018f
Gross take-up
Tri-City 2010-2017
Source: JLL, PORF, Q4 2017
Source: Colliers International 2018, The largest office markets in Poland, Market Insights 2018
Demand – main sectors
IT & TELECOMS
15%
RETAIL
14%
PROFESSIONALS
SERVICES
16%
FINANCE INSURANCE
21%
Source: Colliers International 2018, The largest office markets in Poland, Market Insights 2018
Demand by deal size (m2)
16%
49%
35%
<1000
1000-5000
5000-10000
Source: Colliers International 2018, The largest office markets in Poland, Market Insights 2018
Rent
City Rent/EUR/m2/month
Warszawa 12-22
Kraków 13,2-15,5
Wrocław 13-15,5
TriCity 12-15,5
Katowice 12,2-14,5
Poznań 13,5-17
Łódź 12-13,5
Lublin 11-13
Szczecin 11-14
Industrial market
Stock evolution
Source: JLL, Q4 2017
Demand (net take-up and renewals)
Source: JLL, Q4 2017
Main business sectors in 2017
60%24%
7%
5%
4%
3PL
Retail
Production
FMCG
E-commerce
Source: Colliers International 2018, Warehouse real estate market, Market Insights 2018
Leasing agreements structure in 2017
59%
39%
2%
new deals renegotiations expansions
Effective rental rates for modern
industrial space in Tricity were in the
range of 2.2-2.9 EUR/m2/month.
Source: Colliers International 2018, Warehouse real estate market, Market Insights 2018
Residential market
New flats with building permits
Source: JLL/ Central Statistical Office of Poland (GUS)
According to GUS nomenclature, flat refers both to units in multifamily houses as well as units in single family houses
Flats, the construction of which has started
Source: JLL/ Central Statistical Office of Poland (GUS)
According to GUS nomenclature, flat refers both to units in multifamily houses as well as units in single family houses
New flats with permission to use
Source: JLL/ Central Statistical Office of Poland (GUS)
According to GUS nomenclature, flat refers both to units in multifamily houses as well as units in single family houses
Sales
Source: JLL/ redNet Property Group/ REAS
Numbers refer to units in multifamily houses solely
Prices on the primary market
Source: JLL/ National Bank of Poland (NBP)
Prices on the secondary market
Source: JLL/ National Bank of Poland (NBP)
Retail market
Retail market distribution at present
Source: JLL, April 2018
Retail format GLA (m2) Share of the sector No. of schemes
Shopping centres 560,000 66% 24
Retail parks 157,300 18% 5
Retail warehousing 134,000 14% 16
Outlet centres 16,700 2% 1
Total 868,000 100% 46
The age of shopping centres
7%
30%
30%
33%
0-5 years
6-10 years
11-15 years
over 15 years
Source: Colliers International, Shopping centers in agglomerations, Q2 2017
Development of retail space within shopping centre format
Source: JLL
Growing tourism
Growing tourism
Source: PROT
Growing number of
tourists in Pomerania
reaching 9 mln
visitors
0
1000000
2000000
3000000
4000000
5000000
6000000
7000000
8000000
9000000
2011 2012 2013 2014 2015 2016 2017
Growing tourism
37%
24%
16%
10%
7%6%
Other Germany Norwegians Swedes British Russians
19% of the tourists
are of foreign origin
Source: Statistical Office in Gdańsk, May 2017
Hotel market
Hotels
Hotels in Pomerania by categories in 2012-2017
Source: Own elaboration based on Local Data Bank [www.bdl.stat.gov.pl]
0
10
20
30
40
50
60
70
80
90
100
2012 2013 2014 2015 2016 2017
5* hotels
4* hotels
3* hotels
Hotels
Bed places in touristic accomodation in Pomerania
Source: Own elaboration based on Local Data Bank [www.bdl.stat.gov.pl]
0
20000
40000
60000
80000
100000
120000
2012 2013 2014 2015 2016 2017
number of bed places
Hotels
The utilization rate of accommodation in all tourist establishments [%]
0
5
10
15
20
25
30
35
40
45
2012 2013 2014 2015 2016 2017
Poland
Pomerania
Source: Own elaboration based on Local Data Bank [www.bdl.stat.gov.pl]
Hotels
The utilization rate of accommodation in hotels in Pomerania [%]
Source: Own elaboration based on Local Data Bank [www.bdl.stat.gov.pl]
0
10
20
30
40
50
60
70
2012 2013 2014 2015 2016 2017
5* hotels
4* hotels
3* hotels
Mikołaj Trunin
Deputy Director
T: +48 58 32 33 242
T: +48 609 860 060
Anna Rajzer
Project Manager - Logistics
T: +48 58 32 33 180
T: +48 607 555 610
Monika Cirocka
PR&Marketing Specialist
T: +48 58 32 33 149
T: +48 500 351 535
Anna Huryn
PR&Marketing Specialist
T: +48 58 32 33 248
T: +48 500 351 639
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