CTP to build 76,300 sqm logistics park near Warsaw

14
Nov
2024
News - CTP to build 76,300 sqm logistics park near Warsaw #CTP #logistics #Poland #warehouse #Warsaw

by Property Forum | Industrial

CTP has announced its sixth manufacturing and logistics investment in the Warsaw region, CTPark Warsaw Nowy Konik. This new industrial and logistics park will include four warehouses with a total area of over 76,300 sqm, and construction is scheduled to start in the first quarter of 2025.


"The stable demand in the Warsaw warehouse market and the still high capacity to absorb new space are an incentive for us to make further investments in the region. We will build CTPark Warsaw Nowy Konik on a plot of approximately 13 hectares, providing access to the main transport routes in Europe. It is a location for companies that want to improve their distribution network and reach key consumer markets in CEE", explains Piotr Flugel, Managing Director at CTP Poland.

Early next year, CTP will start construction of the first building of the CTPark Warsaw Nowy Konik complex. With an area of over 10,600 sqm, warehouse WNKO01 will be delivered in a new format - CTBox. This means that under one roof there will be areas with showrooms, office and warehouse space designed for last mile logistics, R&D, light manufacturing or high-tech industry. The building will include separate modules of approximately 500 sqm each. CTP plans to put the first phase into operation as early as Q3 2025.

"We will develop the remaining warehouses in stages. In addition to WNKO01, we intend to build three more facilities with areas of 26,900 sqm, 21,000 sqm and 17,800 sqm respectively. They will be diversified in terms of formats – as well as CTBox which offers smaller modules, there will also be CTFlex (slightly larger modules), and large spaces - each with turnkey solutions. As well as flexibility of space, another important issue facing occupiers is the availability of large power connections for future tenants. At CTPark Warsaw Nowy Konik we will address this by reaching as much as 5MW in the initial phase alone. This will allow us to cover the needs of both the production facilities and the technological infrastructure of our customers", explains Patrycja Makowska, Business Developer at CTP Poland.

CTPark Warsaw Nowy Konik, due to its location only 22 km from Warsaw, will also ensure better utilisation of tenants' resources: streamlining business operations, especially in the omnichannel model, and reducing transport costs and emissions. 

The plot on which the development will be built was purchased by CTP in the second quarter of 2024 as part of a wider acquisition of half a million sqm of land.




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New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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