Accolade invests €35 million in Bydgoszcz logistics project

29
Oct
2020
News - Accolade invests €35 million in Bydgoszcz logistics project #Accolade #Bydgoszcz #development #industrial #investment #logistics #Panattoni Europe #Poland

by Property Forum | Industrial

Accolade is investing €35 million in the construction of Panattoni Park Bydgoszcz III. With the help of the investor, Panattoni has already completed two modern parks with nearly 90,000 sqm of BREEAM certified sustainable warehouse space in the Bydgoszcz area.


“We are currently looking at the first phase of the Panattoni Park Bydgoszcz III that started this summer and will be completed in the first quarter of 2021 for Reconext, a leading aftermarket services company. Since 2016, our aim has not been just to invest but to expand in the region with great potential. Through our investment and commitment to the location, good cooperation with municipalities and forward-focused tenants, we build up modern top-class business infrastructure which makes the region more attractive. That proves the demand of the big players for new spaces and we are extremely proud that we became an active participant in the extraordinary changes taking place in this region,” commented Michał Białas, Country Head Poland at Accolade.

“We are very excited that we could represent Reconext in the process of searching for a new location in Bydgoszcz. For over three months, together with our client, we have been preparing the technical specification as well as conducted analysis and provided recommendations for ecological solutions. As a result of a carefully prepared strategy, solving technical issues and long negotiations, the client decided to choose Panattoni Park Bydgoszcz III as the preferred location,” commented Paulina Machałowska, Associate, Industrial & Logistics Agency at Cushman & Wakefield

In 2016, the group began building the first park in the dilapidated area of the former chemical plant and continued the industrial tradition with a second park in the area of the so-called mill island, which has been the centre of industry throughout the city since the Middle Ages. Bydgoszcz Park I and II are now fully occupied by brands like Oponeo, Nissin, InPost, Rohlig Suus, DB Schenker,  Chep, Dadelo, DPD, DSV or Sims Lifecycle Services.

Preparations for the construction of Panattoni Park Bydgoszcz III have already started and the planned completion of the first stage is to take place in the first quarter of 2021. The BREEM certified facility, which will ultimately offer 45,600 sqm will have a number of ecological solutions, such as full lighting based on LED technology, photovoltaic panels and rainwater management systems.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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