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REAL-ESTATE FINANCE: "Warehouse Sprout in Poland: Eastern Europe's Factories, Consumer Growth Fuel Boom; Fanning Out Across Continent," by Jonathan Karp, Wall Street Journal, 28 May 2008, p. C15.
Article starts with scene in increasingly post-industrial Lodz, Poland: global infrastructure and logistical players moving in—all "part of companies' broader strategy to seek high-growth markets beyond mature mainstays such as the U.S. and U.K."
Nice bit: "Part of the demand has been driven by manufacturers, particularly auto and electronics makers, that have migrated to Eastern Europe to take advantage of lower labor costs and need their component supply-chains to follow suit."
The future? Poland as the "middle" of Europe.
Interesting stuff.
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