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.




Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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