ELI launches construction of new logistics centre near Warsaw

15
Nov
2021
News - ELI launches construction of new logistics centre near Warsaw #development #ELI #industrial #logistics #Panattoni Europe #Poland #warehouse

by Property Forum | Industrial

European Logistics Investment (ELI) has commenced constructing a logistics centre in Błonie near Warsaw. The Park Warsaw West X project by ELI and its partner Panattoni is planned as a multi-let facility offering nearly 49,000 sqm of modern warehouse space. The investment is planned to be delivered in Q2 2022.


European Logistics Investment (ELI) has completed the purchase of a plot of land for the construction of a new logistics centre in Błonie near Warsaw. Park Warsaw West X, which is scheduled to be completed in Q2 2022, will offer a total of 48,600 sqm of modern space, with 46,900 sqm of warehouse and 1,700 sqm of office space. The Park will also provide 238 parking lots for cars, 14 for lorries, a modern ESFR sprinkler system, 88 loading ramps for lorries and 24h/7 security. ELI will execute the project together with its strategic partner Panattoni.

Another advantage of the park is its location close to Warsaw (35 minutes' drive from the city centre), which will allow to transport goods both within the capital as well as the entire Warsaw agglomeration. The plot which Warsaw West X will be constructed on ensures convenient access to the A2 motorway (connecting Warsaw with Poznań and Berlin). The project is also conveniently located near two international airports (Warsaw-Modlin Airport and Chopin Airport in Warsaw). The infrastructure of the area where the ELI park is located is developing rapidly. The Central Transport Hub is to be located in the nearby Baranów municipality, and will become an important hub including, among all, a new airport.

“Warsaw continues to be one the leaders of the warehouse market with the highest demand. Facilities that are tailored to meet the needs of tenants from the logistics and e-commerce sectors remain the most popular. The convenient location of our project and the chosen technological solutions create great development opportunities for companies from these industries. Tenants are looking for modern and ‘green’ facilities that will offer not only convenient access, but also comfort of work. That is why we are considering the latest environmental solutions and sustainable development certification for the park already at the planning stage”, said Łukasz Toczek, Senior Vice President Investments at Griffin Real Estate responsible for the development of the ELI platform.




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New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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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