Accolade invests in warehouses near Piła and Bydgoszcz

01
Apr
2022
News - Accolade invests in warehouses near Piła and Bydgoszcz #Accolade #Bydgoszcz #Poland #warehouse

by Property Forum | Industrial

Accolade expands in Bydgoszcz, ultimately investing over €200 million in four modern warehouse parks, with a total area of over 240,000 sqm. At the same time, the investor is launching a new, €40 million project in nearby Piła. 


Accolade's investment activities in Bydgoszcz started in 2016 and have placed it at the forefront of the most important investors in the region. The first two parks have a total area of 87,000 sqm and are fully leased by the leading companies in the logistics and e-commerce industry. The third complex is under expansion, with current, fully leased area amounting to 34,000 sqm. This park will ultimately reach 44,000 sqm. The newest project, located in Lisi Ogon near Bydgoszcz, will consist of three buildings with total surface of 110,000 sqm. The first tenants will move in in Q2 2022.

"Bydgoszcz is a good example of how Accolade chooses its locations. It is a city with over 300,000 inhabitants, a developed infrastructure, and an industrial tradition. It is a large industry, trade and logistics centre and has a developed communication hub. Additionally, being an academic and scientific centre, it offers an access to the qualified workforce, and this is what really counts for us. Thanks to our investments, we have created jobs in the region for over 1320 people, and this number will increase with the development of the parks", says Michał Białas, Country Head of Accolade in Poland.

"A good business environment and an improving accessibility of the city infrastructure-wise, make Bydgoszcz an attractive industrial real estate market, also in terms of capital investments. Additionally, it encourages investors of warehouse and logistics space to implement new projects. Our location is still gaining in value and is appreciated by international players", says Edyta Wiwatowska, Board President of Bydgoszcz Regional Development Agency.

The remarkable success of the Bydgoszcz industrial complexes has paved the way for another expansion in northern Poland - bringing a €40 million investment into Piła. The project will consist of two buildings with a total space of 44,000 sqm, most of which had been leased out before the beginning of construction. "The city is a developing centre of outsourcing services and shared service centres, with over 8,500 small, medium, and large business entities. We are glad that by creating a multi-let industrial park in the city, we contribute to the transformation of the region, and provide the modern infrastructure, thus shaping the future of the regional business", adds Michał Białas. The tenants are the top companies from logistic sector. The park provides an excellent connection to the city center, that is only 5km away.




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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