Greykite and White Star turn logistics site near Warsaw into data centre

12
Jun
2025
News - Greykite and White Star turn logistics site near Warsaw into data centre #data centre #development #Greykite #Poland #Warsaw

by Property Forum | Industrial

Greykite European Real Estate Fund I, its affiliates, and White Star Real Estate have announced key milestones in the transformation of the Digital Ursus site in Warsaw, signalling the successful early repositioning of a former logistics property into a strategic digital infrastructure hub.


Located just 8 km from central Warsaw and 6 km from Chopin Airport, the 20,000 sqm site has secured a long-term lease with a global leader in data centre solutions, underscoring strong demand for high-quality facilities in Poland’s capital. The site’s prime location continues to attract interest, with multiple occupiers recently extending or expanding their leases.

One of the project’s most significant achievements is the rapid scaling of power capacity—from 18 MW to a planned 65 MW within a year—enabling the facility to meet the growing demands of data centre operators. This increase reflects a broader market trend: Poland’s data centre sector is expected to triple by 2029, driven by surging demand for cloud computing, colocation, and digital services. Warsaw remains at the heart of this growth, currently accounting for nearly 70% of the country’s commercial colocation and hosting capacity.

Michael Abel, Founder and CEO of Greykite, highlighted the speed and scale of the transformation: "We are very pleased with the fast value creation that we have been able to showcase in our Digital Ursus data centre project – having signed a long-term lease with a top data centre operator, relocated multiple existing tenants, and increased the power to 65 MW, all within a period of six months."

He added that the project was always envisioned as a platform for long-term investment in a sector with strong tailwinds and that its early success validates Greykite’s long-term commitment to digital infrastructure in Europe.

Dan Valenzano, Senior Partner at Greykite, emphasised the project’s strategic significance: "The commitment of one of the key tenants from the data centre sector to the property confirms its new strategic significance for digital infrastructure development in the region."

Dariusz Domański, Managing Partner at White Star, echoed these sentiments, noting that the Ursus site is transitioning from a traditional logistics park into a modern, infrastructure-ready facility tailored to digital services. "This success is the result of close cooperation between all parties and the project’s flexibility, allowing it to respond effectively to evolving market needs," he said.




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New leases

  • Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
  • Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
  • DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


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