ELI to add over 18,000 sqm of logistics space near Kraków

14
Jan
2021
News - ELI to add over 18,000 sqm of logistics space near Kraków #ELI #Kraków #Panattoni Europe #Poland #Warehouse

by Property Forum | Industrial

The European Logistics Investment (ELI) logistics platform in Poland will deliver an 18,300 sqm logistics centre in Skawina near Kraków. The Kraków V facility, which is ELI’s third investment in that region, will be developed together with its partner Panattoni. Close to 20% of the space has already been leased to RTV Euro AGD– a leading retailer of home appliances and consumer electronics.


The logistics centre located in Skawina near the Kraków ring-road will be developed together with its partner Panattoni. Upon delivery that is targeted for the Q22021, Kraków V will provide a total GLA of 18,300 sqm, including 16,600 sqm of warehouse and 1,700 sqm of office space,121 private car parking, ESFR sprinkler system, 24 dock levellers and 24/7 security.

3,600 sqm in the new facility, including 3,300 sqm of warehouse and 300 sqm of office space, has been leased to RTV Euro AGD–an omnichannel retailer in Poland and owner of 305 stores located in 195 Polish cities and an online store with modern home appliances and consumer electronics. The remaining space is planned as small business units (SBUs) and can serve multiple purposes of logistics segments, such as last-mile logistics, parcel distribution centres, fast 1h deliveries and fresh logistics.

The location is very well connected to the A4 (Germany/Wrocław/Silesia) motorway through a 5-minute drive on the Kraków ring-road. It has also convenient access to three international airports (Kraków, Katowice, Rzeszów).

"The newest investment in Kraków district will help strengthen ELI’s position on the warehouse market in the region. We can see great potential for modern logistics here, particularly considering the relatively low saturation of this region warehouse space. That is why it is ELI’s third investment in this location and definitely not the last one", says Łukasz Toczek, Senior Vice President Investments at Griffin Real Estate responsible for ELI platform development.

The portfolio of European Logistics Investment comprises 19 logistics parks with a total lease area of over six hundred thousand sqm located in the most important logistics regions in Poland, including Warsaw, Łódź, Kraków, Wrocławand Upper Silesia.




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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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