by Property Forum | Industrial

Accolade is investing in another location in the Zachodniopomorskie Province. As part of the first stage of Panattoni Park Szczecin Airport, located in Goleniów, the Accolade portfolio will be expanded with 28,800 sqm of modern warehouse space. The value of the investment is estimated at €21.3 million, and the first tenant of the new space will be Bosch brand. The construction is already underway and the first phase will be completed in the first quarter of 2021. The developer of the project is Panattoni. The project in Goleniów is a natural step in the development of Accolade in the region, after the company has continuously invested in the expansion of Panattoni Park Szczecin, which currently has an area of more than 183 thousand sqm.


“Our investments are always very carefully selected. The area of the Szczecin agglomeration is a key region in Poland for the logistics industry thanks to its excellent location, an extensive network of rail and air connections, as well as seaports. Thanks to its location it attracts investors from Scandinavia and Western Europe, who open their branches here. The local government remains open to business needs and supports many initiatives. An excellent example is two stops of the Szczecin Metropolitan Railway, which will be built near our new warehouse and industrial investment in Goleniów, which will make it much easier for tenants to recruit employees. The region's potential for the logistics industry is confirmed by the lease statistics recorded near Panattoni Park Szczecin,” Michał Białas, Country Head, Poland in Accolade says.

Goleniów, together with the nearby airport dedicated to the Szczecin agglomeration, is one of the most dynamically developing regions in Poland. In the Financial Ranking of Local Government in Poland for 2019, Goleniów was ranked 38th in its category among 628 classified communes. The region is also highly positioned among the richest communes in Poland. Nearby Szczecin is also large research, development and academic centre with 25 universities and 45 thousand students.

The occupancy rate in Accolade Panattoni Park Szczecin is currently 99.2%, which is an excellent result in such a competitive market. The company also has plans for further local expansion. Apart from the second stage of Panattoni Park Szczecin Airport in Goleniów which, like the first one, will have about 30,000 sqm, there are plans to expand Panattoni Park Szczecin, located within the administrative borders of Szczecin, from the current 183,300 thousand sqm to over 220,000 sqm in the following years.

“The Accolade Group not only carries out new projects but also actively supports the redevelopment of post-industrial areas giving them a new shape and making available for use in the industrial sector through revitalization. Our first investment in the Szczecin region, Panattoni Park Szczecin, is an example of such an approach to investment. Thanks to a good location, infrastructure and interesting projects, we can attract global corporations such as DHL to the benefit of our investors, but also the local and national economy. This impact can be seen in the form of further investments at the Goleniów airport, where the cargo terminal is being expanded, or in the development of seaports in this region,” Michał Białas adds.

“It should be remembered that the seaports in Szczecin and Świnoujście are also transit ports for the Czech and Slovak markets which compete with Hamburg and Bremen for this part of the market. As you can see from the results and the growing demand for warehouse space in the region, they are not a lost cause in this struggle,” he adds.

The plot on which Panattoni Park Szczecin Airport will be built is located in the Goleniów Industrial Park next to the A6 (Szczecin-Berlin) and A3 (Szczecin-Wrocław) motorways. There are bus lines nearby and the railroad station can be reached by car in just 10 minutes. The new investment will provide about 29,000 sqm of flexible Class A industrial space and about 1,500 sqm of office space.