Accolade and Panattoni are continuing the extensive revitalization of a former settling reservoir in a sugar factory near Kojetín in the Olomouc region. The CZK 3 billion industrial complex, designed and constructed aligned with the latest trends in e-commerce and targeting future local and foreign tenants, will be completed by the end of the year 2022.

In 2020, total warehouse take-up hit close to 5 million sqm for the first time in history, representing a 24% increase year-on-year. New leases and expansions accounted for nearly 70% of that total, equating to approximately 3.45 million sqm. Cushman & Wakefield has summarised 2020 on the Polish industrial market.

CBRE has selected large plots of land suitable for industrial construction with a total area of ​​250,000 sqm in a strategic location right next to the D11 motorway near Hradec Králové and mediated their sale. In cooperation with Panattoni, a new logistics centre for a major retail player (also represented by CBRE) with an area of ​​50,000 sqm will soon be built here. Up to 900 jobs will be created in the region in the future.

Construction of a fully automated center located in the vicinity of Radzymin, a town near Warsaw, started in mid-January of this year. The project for Żabka Polska, the largest convenience store chain in Poland, is set to be completed in 2022. The project will include a “high bay” storage facility with a height of 40 m. 7R is responsible for the investment’s development.

Panattoni has launched its latest park in Poland’s Małopolska region. Panattoni Park Kraków East II will be situated on the eastern side of the Kraków conurbation, just off the Targowisko junction of the A4 motorway, and is to have an area of ​​almost 19,000 sqm. Panattoni’s presence in the region has since expanded to 4 existing projects with a total area of ​​100,000 sqm. As soon as late July or early August this year, the first tenant, Kenig Spedition, will be moving into 9,200 sqm of the complex, which will be used for logistics, service and production processes for its clients – manufacturers of pallets and packaging. The lease was mediated by consultancy Axi Immo.

CTP invests over €35 million in the construction of the new warehouse for Quehenberger Logistics in CTPark Bucharest West, the company announced.

CTP has announced a 15% annual growth which helped the company reach €344 million of annualised rental income by the end of 2020. With a portfolio of 6.3 million sqm and 740,000 sqm under construction at year-end 2020, CTP solidified its position as the largest logistics property owner and developer based on GLA in the Czech Republic, Romania and Serbia while announcing new developments in Austria, Poland and Bulgaria.

GLP has commenced development of a 51,000 sqm warehouse at GLP Park Prague Chrastany, 40,000 sqm of which has been leased to e-commerce business, Alza.

Construction of the two facilities, totaling 58,000 sqm, in the 7R Park Szczecin complex has commenced. It's 7R’s third major project in this region. A modern A-class building for Hultafors Group, which will be the first automated warehouse to use the AutoStore system in Poland, will be completed this month. . Meanwhile, in the center of the capital of the West Pomeranian Voivodeship, the 7R City Flex Last Mile Logistics warehouse is already operating.

CTP enters a strategic partnership with Poland-based MDC² to develop full-service business parks throughout Poland. Construction in the first three locations will start in Q1 2021 and CTP will invest €200 million during the first year of the project.