Accolade to build another BTS near Lublin

03
Apr
2025
News - Accolade to build another BTS near Lublin #Accolade #BTS #logistics #Lublin #Poland #warehouse

by Property Forum | Industrial

Accolade will deliver another BTS facility for one of the Poland’s largest private courier operators. The warehouse will cover 11,400 sqm and will be part of Panattoni Park Lublin IV, where Accolade already owns two buildings totaling 52,000 sqm.


“The decision by Poland’s leading courier operator to establish a warehouse in Świdnik, near Lublin, is yet another confirmation that Poland’s warehouse map offers much more than just major metropolitan areas. Lublin has emerged as a high-potential location increasingly sought after by tenants. Its share of Poland’s warehouse market has grown significantly—back in 2014, it offered just 14,000 sqm, while by the end of 2024, this figure will have reached almost 500,000 sqm. As a market maker for emerging regions, we see growing potential in expanding business in this part of Poland. We are pleased to once again partner with such a major player in the industry to make this vision a reality”, says Jakub Leszczyński, Transaction Director at Accolade Poland.

The company has secured financing for this investment, with Alior Bank providing a €11.5 million loan. This marks yet another project financed by the bank in this region. The total value of the investment exceeds €17.5 million, with completion and handover to the tenant scheduled for Q4 2024.

“Supporting our clients is one of the bank’s strategic priorities. We are pleased to participate in significant transactions for the market. Demand for modern warehouse space remains stable, the market is becoming more conscious, and investments not only reflect its needs but also follow key trends-an increasing number of projects focus on sustainable development. We appreciate the opportunity to be a partner in such transactions and look forward to future collaborations,” says Michał Szymczak, Director of Corporate Banking at Alior Bank.

Panattoni Park Lublin IV, located just one kilometer from Lublin’s city limits, currently consists of two buildings, with most of the space already leased to logistics and manufacturing companies. Upon completion of the third building, the park will offer a total of 64,000 sqm of warehouse space.

 




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • 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.

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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