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

  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

New appointments

  • 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.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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