Last year, the industrial real estate sector in Poland claimed a record-breaking share (almost 50 percent) in the total volume of transactions. Two of the most popular locations among the sector’s developers and tenants are still Silesia and its sub-region of Zagłębie. This is where a modern warehouse and office facility has been developed by 7R for No Limit, the brand which specializes in servicing the e-commerce sector.
A quarter of all modern warehouse and industrial space in Poland was transacted in 2020, says real estate advisory firm Savills in its latest report. Despite the pandemic, take-up hit record levels last year, reaching more than 5 million sqm, while Poland’s total logistics stock surpassed the 20 million sqm mark.
Accolade published its results for 2020. Last year saw the expansion of the portfolio area by 30%, almost 400 new qualified investors and a year-on-year return of 10,02%. The biggest industrial real estate fund in the Czech Republic now owns a total of 16 industrial parks in the Czech Republic, Poland, and Germany with an area of 936,304 sqm.1,200 investors benefit from the rental income which was increased by 35%, in 2020.
Panattoni has launched its latest city logistics project in Warsaw. The 18,000 sqm City Logistics Warsaw VI park will be in the city’s industrial neighbourhood. The centre is situated to serve Warsaw’s districts of Praga and Śródmieście – the central part of the city.
InPost, which owns a network of parcel lockers Paczkomaty®, will launch a new 6,000 sqm logistics centre in Prologis Park Chorzów. One of Poland’s largest logistics operators was advised on the transaction by real estate advisory firm Savills.
Over the last decade, industrial supply has more than tripled from 6.3 million sqm at the end of 2010 to almost 21 million sqm in 2020. However, this rapidly developing real estate sector is now showing signs of maturity. This is illustrated by new formats appearing especially in the largest agglomerations. An example of this is the urban warehouse segment analysed together by JLL and SEGRO in the first report of its kind, "Logistics Avenue: city logistics market in Poland".
Czech industrial developer Demaco obtained a planning permit for the construction of an industrial hall of 18,245 sqm of a built-up area in the DMC Kvasiny industrial park. This is the largest permitted hall ready for construction near the Škoda Auto plant in Kvasiny, where the successful Superb, Kodiaq and Karoq models are produced.
The pandemic year turned out to be a bumper year for industrial and logistics, with total demand increasing by a staggering 72% over 2019, to nearly 784,000 sqm of leasing deals, Colliers International Romania data shows.
The manufacturer and distributor of household appliances continues its cooperation with MLP Group and remains a tenant at the MLP Pruszków I logistics park near Warsaw. The company will use nearly 23.5 thousand sqm of modern warehouse space.
eMAG announces that in the summer of this year, an area of 100,000 sqm will be put into use from the industrial park from Joiţa, at km 19 of the A1 highway, which will have a total area of 130,000 sqm. All automation will be ready by September 2022, when the entire logistics center will be operational. The investment amounts to €90 million and was announced last year.
Cushman & Wakefield Echinox moves its headquarters to the office building developed by businessman and former tennis player Ion Tiriac near Piata Victoriei in Bucharest. The company rented here a space between 300 and 500 sqm.
CBRE Romania will move from this summer to a new headquarters. The company rented almost one floor of One Tower, which has 1,400 sqm.
Furniture retailer Mobexpert leased 2,000 sqm of warehouses and offices in Constanța Business Park, developed by Global Vision and Globalworth. Following recent transactions, Constanța Business Park has reached an occupancy rate of 70%.
New appointments
Olga Szczęsna has joined JLL Poland's Office Agency Department, where she has taken up the position of director. Olga will be responsible for the commercialization of buildings from the Patrizia portfolio, including N21, Metron and G9, as well as the Central Point building, currently under construction in the centre of Warsaw.
JLL Romania consolidates its industrial team by recruiting Ciprian Sîrbu in order to provide Supply Chain services on the local market. Ciprian Sîrbu has over 10 years of experience in logistics, e-commerce, and industrial supply chain, completed by 7 years in which he worked in the IT field. His role within JLL is to provide advice to customers in streamlining the supply chain like the need for such services increases.
Simona Costache has joined Romanian developer One United Properties as Executive Director, Residential Sales. With 15 years of experience in real estate, Simona has been involved in sales, rental and facility management for residential developers in Bucharest.
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