ELI to deliver BTS warehouse in Silesia

17
Jun
2020
News - ELI to deliver BTS warehouse in Silesia #BTS #development #Griffin Real Estate #industrial #logistics #Madison International Reality #Panattoni Europe #Poland #Redefine #Silesia

by Property Forum | Industrial

The portfolio of European Logistics Investment BV (ELI) is expanding thanks to a new investment located in Silesia. Together with its strategic partner Panattoni Europe, ELI will deliver a BTS warehouse and industrial space for the Weber company. The 50,000-sqm facility will be developed in Zabrze with the tenant moving there in the second half of 2021. The warehouse in Zabrze expands ELI's portfolio located in Silesia.


Weber-Stephen Products is the world's leading manufacturer of grills and related accessories, with the majority of its facilities located in the United States. The facility in Zabrze, with an area of 50,000 sqm. of which close to 5,000 sqm. will be dedicated to office space, will be the company's first manufacturing plant in Europe. The location of the site, with direct access to the A1 motorway connecting southern and northern Poland, and close to the A4 motorway, which enables east-west connections in Europe, will provide the company with convenient access to its suppliers and customers.

“Our strategy is to build a leading logistics platform in Poland, therefore our investment plans cannot overlook Upper Silesia - one of the most attractive logistics locations in the country. Together with Madison and Redefine we see the attractive logistical potential of this region. Due to sustained investments in improving road infrastructure enabling easy transport to other parts of the country, as well as to the rest of Europe, and the consistent high availability of well-qualified employees, Upper Silesia is a popular region among international companies looking for high-class warehouses in a great location. The facility to be developed in Zabrze is our next investment in the region, after the warehouses and logistic parks located in Ruda Śląska, Sosnowiec and Bielsko-Biała. We are delighted with our cooperation with Panattoni Europe, thanks to which the ELI platform is experiencing dynamic growth,” says Łukasz Toczek, Senior Vice President of Investments at Griffin Real Estate responsible for the ELI platform development.

European Logistic Investment BV (ELI) is a company owned by Redefine Properties, Madison International Realty and Griffin Real Estate. It comprises sixteen logistics parks with a total lease area of nearly half a million sqm located in the most important logistics regions in Poland, including Warsaw, Łódź, Kraków and Silesia. The company plans further grow of the portfolio over the next years, to become the leading Polish logistic platform. ELI's strategic partner is Panattoni Europe, the European leader in industrial real estate.

Its portfolio includes 16 assets with a total area of over 480,000 sqm GLA and over 120,000 sqm under construction. In the next 3-4 years, ELI plans to build further projects of about 2 million sqm.




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