Castorama moves into 7R Park Łódź East I

10
Jan
2022
News - Castorama moves into 7R Park Łódź East I #7R #Castorama #Lódź #logistics #warehouse

by Property Forum | Industrial

Castorama, Poland's largest chain of home improvement stores, selling construction and finishing products online and in 90 brick and mortar stores across the country, will move to 7R Park Łódź East I. The total area that the tenant will occupy is more than 36,000 sqm. In the lease process, Castorama was advised by JLL.


The building in 7R Park Łódź East I complex, designed for Castorama's operations, consists of warehouse space of over 35,300 sqm and an office area of 770 sqm. The tenant will start its operations in the facility in February 2022.

"This modern logistics centre in the heart of Poland, which is in close proximity to a road infrastructure that provides excellent connections to the entire country, is a guarantee of increased efficiency and effectiveness of transport and storage processes. The investment gives us the possibility of realizing advanced logistic needs related to Castorama Poland’s key projects. Thanks to this project, we can be sure to guarantee even faster delivery, which will undoubtedly translate into better service and increased customer satisfaction", says Wojciech Gondek, Supply Chain and Logistics Director at Castorama Poland.

The location of 7R Park Łódź East I, adjacent to an A1 highway interchange, is convenient for international, domestic, and local transport logistics. There are public transportation services close to the facility, which also ensures comfortable commuting for employees.

"Łódź is a strategic location for us. So far, we have built three large logistics parks and two smaller warehouses from our 7R City Flex Last Mile Logistics chain in the area. I am glad that the advantages of 7R investment in Łódź have been appreciated by Castorama, and that the leader in Poland’s DIY sector, is joining 7R Park Łódź East I’s clients. The location and quality of our warehouses guarantee efficient and safe operations", adds Maciej Krawiecki, Head of Leasing at 7R.

7R Park Łódź East I is a warehouse park consisting of three buildings with a total area of about 100,000 sqm. It is located in the eastern outskirts of the city, in the immediate vicinity of the Brzeziny highway interchange. All warehouses in 7R Park Łódź East I meet Class A building standards.

"We are delighted that once again Castorama, a leader in its sector, has entrusted us with obtaining the optimal solution for its warehouse facilities in Central Poland. In view of the rapidly changing dynamics in the industrial market on both the demand and supply sides, resilient cooperation is a crucial factor. Castorama was looking for space that would be available at short notice and this required strong commitment and a flexible approach from all parties. The modern 7R Park Łódź East I facility met the tenant's expectations not only in terms of deadlines and quality requirements but also with regard to its excellent geographical location. We warmly congratulate Castorama on yet another step in its successful expansion policy", says Paulina Dziubińska, Senior Director w JLL.




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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