European Logistics Investment (ELI) has begun construction of its newest warehouse scheme located in Tychy – one of the main logistics areas in the Silesia region in Poland. The project has been awarded the BREEAM certificate at the Excellent level. Park Tychy, developed together with its partner Panattoni, will feature two building complex with 100,000 sqm of logistics space. The first building has already been 100% pre let.
European Logistics Investment (ELI) started to work on the construction of a new warehouse scheme in the Silesia region. Park Tychy, planned partially as a build-to-suit property, is being developed together with its strategic partner Panattoni. The project plan includes photovoltaic panels, solar panels for water heating, sustainable rainwater management system, as well as energy-efficient LED lighting. Upon completion planned for Q3 2021, Park Tychy will provide a total GLA of 100,000 sqm in two buildings. Building 1, which is going to have 58,000 sqm of warehouse space and 2,500 sqm of integral office area, has been pre-let in 100% on a long-term lease. The second building will offer 37,000 sqm of warehouse and 2,900 sqm of office space to its future tenants.
With a long history of automobile production, Tychy’s investment map has been getting denser recently, attracting new investment prospects. The site itself is located in a booming warehouse cluster that has already proven to generate strong demand and draw the attention of investors and tenants – its neighbours include, among others, Fiat Chrysler Automobiles Group that has just started there a new strategic project with the production of advanced technology car models of Jeep, Fiat and Alfa Romeo brands. With close to 130,000 inhabitants and recent improvements in transportation, the city located in the heart of the Silesia region, offers both a highly qualified workforce and great connectivity within the Silesia and the CEE regions by car, plane and public transportation. The location itself provides easy access to the A4, A1 and S1 motorways, as well as access to public transportation with a bus stop within walking distance. It is also conveniently located in the vicinity of three international airports (Katowice, Kraków, Ostrava).
"Upper Silesia remains an attractive warehouse region with a growing interest among tenants. As a result, we can see a constant dynamic growth of new developments. However, tenants are looking for the best locations that can offer a perfect mix of modern logistic space, good connectivity and easy access to the labour force. Last year, we have successfully completed two projects in this region and started another two. Our newest development in Tychy definitely brings a good mix of attributes of desirable logistics location. As a matter of fact, the first building has been already pre-let 100%", says Łukasz Toczek, Senior Vice President Investments at Griffin Real Estate, responsible for ELI platform development.
The portfolio of European Logistics Investment comprises 23 logistics projects with 42 properties located in the most important logistics regions in Poland, including Warsaw, Łódź, Kraków, Wrocław and Upper Silesia.
