GEODIS expands leased space in Tristar Wrocław to 20,000 sqm

11
Aug
2021
News - GEODIS expands leased space in Tristar Wrocław to 20,000 sqm #GEODIS #logistics #Poland #Tristar #warehouse

by Property Forum | Industrial

GEODIS, an international logistics company, has signed a lease agreement for additional 5,000 sqm of warehouse and office space in the Tristar Wrocław industrial and logistics park. Until now GEODIS Poland Sp. z o.o. who provides Contract Logistics, Road Transport and Freight Forwarding Services occupied approx. 15,000 sqm. Starting from 2nd February 2022, GEODIS will expand their footprint in the project to 20,000 sqm of total leased area.


GEODIS has signed a contract for additional warehouse space located in the immediate vicinity of their previously leased warehouse and office space. Thanks to this new lease, they will be able to increase the scale of their logistics operations while based in this strategic location. GEODIS currently has nearly 1,500 employees in 29 locations in Poland, including more than twenty hubs throughout the country.

“The concluded contract shows that long-term relationships with our partners are an integral part of the way we do business. Thanks to the early initiation of talks, and subsequent familiarity of tenant  expectations, we are able to offer flexible growth opportunities and comfort when it comes to expansion. GEODIS is developing very dynamically and it is important to us to contribute to this growth. Being our tenants’ first choice is confirmation that the strategy we pursue, in terms of cooperation with partners, is optimal for both parties, ” says Urszula Rasmussen, Head of Industrial Leasing, White Star Real Estate.

Tristar Wrocław is an industrial and logistics park located approximately 15 kilometers from Wrocław’s city center. The facility was built in the immediate vicinity of the "Wrocław Południe" junction, connecting the A4 and A8 motorways. The logistic park consists of two warehouse buildings with a total area of 39,300 sqm, which includes office-social space. The possibility of light production in these of modern class A warehouse facilities provides an additional advantage. The park is well connected to Poland’s major cities as well as to Czechia, Germany and Slovakia.

“Thanks to the larger warehouse space within the same location, we can smoothly expand the scale of our operations in the region without any negative impact on our Customer. We very much appreciate cooperation with Tristar Wrocław as it has allowed us to focus on the continuity of operations, and the further development of GEODIS ", says Michał Szymański Contract Logistics Operations Director at GEODIS.

The contract with GEODIS is another transaction concluded between Tristar and existing tenants. Over the past 18 months, Tristar has renewed a number of lease agreements, totaling 113,000 sqm. In May of this year, logistics operator Spedimex signed a lease for a 3.5 thousand sqm warehouse space in Tristar Poznań. In November 2020, the same company extended its lease agreement for over 9.5 thousand sqm of office and warehouse space, in two Tristar logistics centers - Gdańsk and Poznań. Also in November of 2020, Inter Cars chose to extend their lease in Gdańsk and continue working together with Tristar.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • 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.

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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