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.




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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