GLP delivers its fifth logistics park near Warsaw

17
Jan
2023
News - GLP delivers its fifth logistics park near Warsaw #GLP #logistics #Poland #warehouse #Warsaw

by Property Forum | Industrial

GLP has completed the development of another logistics park near Warsaw. The 24,000 sqm GLP Warsaw V Logistics Centre is located next to the Grodzisk Mazowiecki Junction of Motorway A2. The logistics company No Limit will be its sole tenant.


With Warsaw V completed, GLP now has more than 160,000 sqm of advanced warehouse and production space available in the Mazovia region. All new GLP logistics centres have a storage height of 12 m and are fitted with numerous utility-saving solutions, including smart metering systems and solar-ready rooftops.

The 24,000 sqm of logistics and office space at GLP Warsaw V Logistics Centre has been fully leased to No Limit, a company with more than 30 years of experience developing international services in contract logistics, warehousing, distribution and transport.

Mariusz Rączka, Logistics Business Unit Director at No Limit, commented: “This investment comes in response to new projects and growing demand in the CEE region from our contract logistics clients. The technical specifications and excellent location of the warehouse are in line with No Limit’s strategy and strengthen our position in central Poland. Operations based on state-of-the-art warehouse automation technologies will enable us to expand our range of services and increase process efficiency. This is a very important step for our organisation.”

Magdalena Górska-Wojtas, Business Development Manager at GLP, commented: “For us, the area around Warsaw is a natural place to grow in order to meet the needs of our clients, for whom technologically advanced logistics buildings located near the country’s key transport routes offer a competitive advantage. We are now focused on beginning work on a 39,000 sqm warehouse and production facility in Stary Konik, next to a Motorway A2 junction, to meet increasing demand in the country.”

CFE was the general contractor of GLP Warsaw V Logistics Centre, and the client was represented by Space4Logistics.




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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