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.




New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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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