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.




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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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