GTV expands warehouse space near Warsaw

14
Feb
2024
News - GTV expands warehouse space near Warsaw #GTV #logistics #MLP Group #Poland #warehouse #Warsaw

by Property Forum | Industrial

The international manufacturer and distributor of furniture accessories, lighting and tools is expanding its footprint at MLP Pruszków II, the logistics centre near Poland’s capital city Warsaw. As a result of this move, GTV will occupy a total of over 47,200 sqm of space in the region’s largest warehouse complex. The handover of the additional 15,100 sqm facility is slated for the fourth quarter of this year. The transaction has been brokered through Axi Immo.


GTV has been MLP Group’s tenant since 2018, currently occupying more than 32,000 sqm.

“MLP Pruszków II is one of the largest warehouse developments located near Warsaw and its neighbouring communities. Our tenants are drawn to this location for its excellent accessibility, highly functional design, and commitment to modern, environmentally sustainable solutions. In line with our strategic vision, we expect the newly built facility to meet the highest standards and to undergo the rigorous BREEAM certification. We're delighted to have signed a new extended lease with our existing tenant. Thanks to our robust land reserves, we can flexibly respond to the growing needs of our clients”, said Agnieszka Góźdź, Member of the Management Board and chief Development Officer at MLP Group S.A.

“For many years now, GTV has been proactively acquiring additional space at its strategically located site in Pruszków. The client benefits from ongoing operational support and access to innovative, eco-friendly solutions tailored to their specific needs. This latest expansion within MLP Pruszków II underscores the developer’s commitment to comprehending and accommodating the evolving needs of its tenant, serving as a testament to the successful partnership", commented Karol Osiecki, Associate Director, Industrial & Development at AXI IMMO.

MLP Pruszków II is a  logistics centre located in the municipality of Brwinów near Warsaw, five kilometres from Pruszków. With a target leasable space of 420,000 sqm, it is the region’s largest logistics complex. Selected buildings have been awarded the prestigious BREEAM certification. In line with MLP Group’s ESG strategy, solar PV systems are mounted on rooftops.

MLP Pruszków II has well-developed transport links with central Warsaw as well as the main arteries connecting the capital with other cities. The park is located between local road No. 760 and the A2 motorway, three kilometres from the junction in the Pruszków-Żbików area. The international railway lines located in the hub’s vicinity make for good logistics conditions for both domestic and international distribution. There is a bus stop on the premises as well as a Nextbike self-service bike rental station.

“Logistics is crucial for our business. Already over a decade ago, in 2013, half of GTV's revenue originated from exports. This shift is evident in our international expansion, with subsidiaries established in Croatia, the Czech Republic, and Spain. Expanding our collaboration with MLP Group is a strategic move that positions us for further international growth. Moreover, we’re in the final stages of business projects aiming to add new product lines to our offerings in 2024. The additional 15,000 sqm of space secured at MLP will help us accommodate our expanded product portfolio, enhancing our operational capabilities in the region”, said Arkadiusz Marcyjanik, Logistics Director at GTV Poland S.A.




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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