LCube enters Poland's warehouse market

05
Jul
2021
News - LCube enters Poland's warehouse market #LCube #logistics #Poland #Rzeszów #warehouse

by Property Forum | Industrial

The list of industrial and logistics developers active in the booming Polish market has now been joined by LCube, headed by Adrian Biesaga and Michał Stachura. The leasing team will be led by Aleksandra Kołbon. LCube's first project will be implemented in Jasionka near Rzeszów.


The figures for the first quarter of 2021 report an impressive 1.6 million sqm of take-up. This is the best result ever achieved by the Polish industrial and logistics market. At the same time, developers are not slowing down their pace with as many as 2.3 million sqm of new space currently under construction, which will translate into a total of more than 20 million sqm of industrial and logistics space available in Poland in the coming quarters. The tremendous potential and dynamic growth generated by the industry is prompting more companies to enter the increasingly competitive market. 

“We have been present on the industrial and logistics market for many years, during which time we have had the opportunity to gain invaluable experience and watch the market evolve. Last year, the changes catalysed by the pandemic brought a breakthrough for us in the sense that we became ready to take on new challenges. We started making plans to launch our own scheme. LCube's first construction project is an industrial and logistics park in Jasionka near Rzeszów. The first phase will see us deliver 5 700 sqm of modern A-class industrial and logistics space to be available at the end of Q3 this year. We have already started the leasing process for the scheme. We are counting on a lot of interest from tenants, which will enable us to start construction of the second phase with an area of approx. 19 000 sqm. The project is rather boutique in its nature and fits in with the location, which represents an appealing solution for the logistics and forwarding industry due to its proximity to the airport, while the projects planned for the future will further contribute to its attractiveness” – comments Adrian Biesaga, board member, Head of Development at LCube.

“We knew early on while working on the Lcube concept that it was going to be a hit. We wanted to create something of our own that would be new, fresh and ambitious at the same time. We operate with a common vision and goals, having the full support of our long-established partners and a deep conviction that we will be delivering a needed and successful product to the market. Moreover, we received incredibly positive feedback from financial institutions, which provided us with the assurance that we were going in the right direction and there was demand for our services on the market. LCube offers comprehensive solutions: selection of a location for a project and collaboration with architects and contractors. We implement BTS and BTO projects, as well as more standard ones tailored to tenants' needs” – adds Michał Stachura, board member, Head of Finance.




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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