Accolade invests in large business park in Zielona Góra

03
Mar
2021
News - Accolade invests in large business park in Zielona Góra #Accolade #DHL #logistics #Poland #warehouse

by Property Forum | Industrial

The first tenant in the building with a potential area of up to 45,700 sqm is DHL. The global logistics operator will thus expand its activities in Accolade’s parks by another 20,500 sqm. The first part of the building will be handed over in June. The new €31 million project will not just meet all standards for BREEAM Very Good certificate.

 


The expansion of the park in Zielona Góra is part of the strategic development of Accolade along the western border of Poland, where it is also present in Goleniów, Szczecin, Gorzów Wielkopolski, and Legnica. The total amount of investment into the development of the Zielona Góra complex is worth more than €94 million and to this date offers around 1,000 jobs. The current expansion will add about 650 more.

“The construction of the warehouse complex in Zielona Góra started in 2017 and it was one of the first Accolade investments in Poland and the first A-class multi-let park in the city. Over the next years, it developed dynamically, offering space for tenants from the light production, logistic, and e-commerce industry. At present, the park in Zielona Góra, with a planned target area of over 138,000 sq m, is the second-largest park in our portfolio in Poland, and it is 100% leased,” comments Michał Białas, Country Head of Accolade Poland

“DHL Supply Chain develops dynamically in Poland - Zielona Góra is another location, after Szczecin that we gain thanks to cooperation with Accolade, thus increasing our share in the warehouse space offered by the company in Poland to nearly 80,000 sq m. The rapid development of the logistics industry means that we are looking for modern, high-quality projects in good locations, with guaranteed access to developed infrastructure and growth potential in the future. The park in Zielona Góra meets these criteria,” says Monika Duda, Managing Director Poland DHL Supply Chain.

Lubuskie is a relatively young warehouse market in Poland. In recent years, the region has experienced increased interest from investors and tenants who are looking for a convenient location to serve customers from CEE and Western Europe. Total stocks of the warehouse market in the Lubuskie Voivodeship at the end of 2020 increased by 47,000 sq,m and amounted to 386,500 sq m (+ 13,84% y / y).

The main advantage of the park is the great location on the city bypass connected to the S3 expressway leading through the whole of Poland and towards other European markets. The area also offers a good background of support for investors and further business growth through the Kostrzyn - Słubice Special Economic Zone, which is the fastest developing polish special economic zone, both financially and territorially.




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  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
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