Accolade invests in Western Poland logistics park

01
Jul
2020
News - Accolade invests in Western Poland logistics park #Accolade #development #industrial #investment #logistics #Panattoni Europe #Poland

by Property Forum | Industrial

Accolade is entering Gorzów Wielkopolski with a project worth nearly €47 million. The first stage of construction of the new BREEM certified industrial park will be completed next month. Lease agreements have already been signed by Logoplaste and Omnipack.


The expansion of the Accolade portfolio, worth over a billion euros, by the Gorzów park, is a reflection of the company's strategy, which assumes investments in a network of industrial parks located in strategic places on the map of Europe, with access to high-quality infrastructure and located near key business centres. Over half of the Polish portfolio is brownfield investments, carried out on the premises of former industrial facilities. The latest acquisition will join the network of 27 industrial parks in the Czech Republic, Poland, Germany, and Slovakia and will be the fourth, next to Szczecin, Zielona Góra, and Legnica, investor's location along the western border of Poland.

"Thanks to the possibility of flexible module shaping, we are able to meet the requirements of clients from various industries in this location. The available space in the new park can be easily adapted both in terms of technical specifications and the area of ​​individual production, storage and social-office rooms. This is the advantage of multi-let industrial space and this is how Accolade wants to contribute to shaping modern business infrastructure in Europe,"- says Michał Białas, Country Head of Accolade Poland.

The logistics and industrial park in Gorzów, whose developer is Panattoni, is to ultimately have over 71,000 sqm completed in four stages. Currently, there are almost 19,000 sqm under construction, and the completion of the first stage is approaching.  Logoplaste and Omnipack became the first tenants. The first of the companies comes from Portugal and deals with the design and production of plastic packaging. Logoplaste has 63 factories in 16 countries, where employs over 2,100 employees. Omnipack is a logistics company specializing in complex services for e-stores.

"Gorzów Wielkopolski is a city of 120,000 inhabitants, conveniently located from the point of view of the logistics industry and warehouse and production business. While its ability to service the modern industrial market is confirmed by large investments of companies such as VW, TPV or Faurecia, so far, no large multi-let Class A parks existed there. The proximity of the Polish-German border, location by the S3 expressway and considerable employee potential from the very beginning spoke in favour of this investment. The developed urban infrastructure and friendly living conditions for the city to attract qualified staff and entrepreneurs. We are convinced that we will soon acquire more tenants and invest in the implementation of the next stages of the investment.” adds Michał Białas.




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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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