LCube to build new warehouse park in Mszczonów

27
Jun
2022
News - LCube to build new warehouse park in Mszczonów #industrial #LCube #Poland #warehouse

by Property Forum | Industrial

Warehouse developer LCube has started preparations for the implementation of his next investment. In Mszczonów, on a plot of approx. 8 ha, a facility of approx. 35,000 sqm is to be built.


Mszczonów is a very popular location in central Poland, approx. 50 km from Warsaw and in the immediate vicinity of an important communication junction - national road No. 8, connecting the north and south, and the national road No. 50, as well as the Warsaw ring road, and 30 km from the A2 motorway. The convenient location on communication routes makes it a location that arouses great interest in both the logistics industry and distribution companies, which, for example, PepsiCo, locate their central warehouses there.

“When creating our investments, we try to follow the needs of our tenants. Mszczonów is a very popular location with many advantages when it comes to locations in central Poland. The quick finalization of the plot purchase should allow us to start talks on the commercialization of the facility this year. The market continues to favor warehouses in terms of demand, although of course the industry as a whole is facing many challenges, such as disrupted supply chains for building materials and rising construction costs. Thanks to our experience, but also due to the fact that one of our shareholders is an important player in the industrial construction market - Adamietz, we are able to react quickly to emerging challenges,” says Michał Stachura, board member, Head of Finance at LCube.

Mszczonów is another industrial and warehouse park in which LCube is intensively preparing to start construction. We are dealing with a slightly more advanced process in the case of LCube Logistic Park Wrocław, where the developer is waiting for an environmental decision to be issued. In the town of Dobrzykowice near Wrocław, approx. 60,000 sqm is to be built of modern warehouse space, and the construction is to start this year.

“The LCube brand is relatively new on the development market, but from the very beginning, we focus on competence and experience. Thanks to this, we develop systematically and grow together with our projects. We started with a project in Rzeszów, where approximately 25,000 sqm will be available of warehouse space. Then it was time for Logistic Park Szczecin Goleniów, where the construction of a park with an area of ​​12,000 sqm has just started. Now is the time for bigger projects. Of course, we are thinking about further investments throughout Poland,” adds Michał Stachura.

LCube implements a strategy consisting in building a diversified portfolio, which will consist of both smaller facilities (approximately 10,000 sqm), through medium-sized warehouses (50,000 sqm), to traditional big boxes in logistics parks (over 100,000 sqm). In addition to successfully acquiring new projects, the developer wants the company's hallmark to be activities such as focusing on the needs of tenants and implementing a sustainable development strategy. As the developer emphasizes, all facilities built by LCube will be certified in the BREEAM system and will focus on ecological and energy-saving solutions, and the company has already developed its own ESG strategy.




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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