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.




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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