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

  • XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
  • Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
  • TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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