ARTICLES LABELLED WITH TAG TriCity

Colliers has taken over the management of more office buildings belonging to a joint venture of Investika realitní fond and Bud Holdings – Łużycka Office Park, and Łużycka Plus located in Gdynia. Thus, six office projects in the Tri-City have already come under the care of Colliers' management. Experts from the company's regional office will additionally be responsible for supporting the owner in the property’s commercialisation.

NRF, the Dutch-based manufacturer and supplier of spare parts, has come to Panattoni Park Tricity West II, where it leased 32,000 sqm of warehouse and office space. It was advised during its search for the optimal facility and the lease negotiation process by Newmark Polska.

Łużycka Office Park (buildings A, B, C and D) and Łużycka Plus, all located in Gdynia, have a new owner - a joint venture of Czech open-ended real estate fund Investika and Luxembourg-based private equity investor Bud Holdings. The price has not been disclosed. 

Trigea nemovitostní fond acquired Panattoni Tricity North, an urban logistics park developed and managed by Panattoni. The asset was selected by Trigea for its first logistics investment in Poland. The parties agreed not to disclose the value of the transaction.

Savills has opened an office in Tricity led by Piotr Skuza. The Savills Gdańsk office will deliver advisory services to tenants, investors and landlords of office, retail, industrial and warehouse properties and the PRS sector. Savills experts will provide assistance in office and warehouse lease transactions, property and land acquisition, as well as technical advisory and property management.

Morska Agencja Gdynia sp. z o.o., a specialist provider of sea, land and rail freight services, will become a tenant of one of the two buildings of Panattoni Park Tricity East V. It has leased 22,800 sqm of warehouse space in a build-to-suit facility. The tenant was advised on the choice of location and during lease negotiations by real estate advisory firm Newmark Polska.

The company, which owns the Sinsay, Cropp, Reserved, House and Mohito brands, is to occupy approx. 64,000 sqm in two Panattoni Park Tricity South II buildings, where it will commence operations as early as April 2022. The investment will be designed for online orders as well as service returns. 

According to consulting company Walter Herz, the consistently expanding office market of Tri-City has the lowest vacancy rate in Poland currently and the office stock of the Tri-City agglomeration will exceed 1 million sqm after the construction of the ongoing investments is completed.

According to a new report published by Cresa Poland, the Tricity office market is likely to become a tenant’s market soon due to the changing market environment. Tricity is still attractive for the BPO/SSC/GBS sector. Additionally, investments in its seaport and transport infrastructure are a magnet for sea freight operators.

Panattoni has signed a lease with the owner of the Polish fashion label Tatuum – KAN sp. z o.o. The tenant will take up 10,150 sqm at Central European Logistics Hub in Łódź, moving in by mid-August 2020. The developer also leased 14,000 sqm of warehouse space in Panattoni Park Tricity East III to Omega Pilzno.