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.




Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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