LCube to develop four new warehouse projects in Poland this year

03
Mar
2022
News - LCube to develop four new warehouse projects in Poland this year #industrial #LCube #Poland #warehouse

by Property Forum | Industrial

Warehouse developer LCube is planning to acquire a minimum of four new sites this year. This will mean it will double the number of its current projects.


From the beginning of April the company is also to start work on its LCube Logistic Park Szczecin Goleniów project, which will comprise 12,000 sqm of warehouse and office space. L

Cube began operations in the middle of last year and has currently secured four locations. Work on its first project – Logistic Park Rzeszów next to Rzeszów International Airport will eventually comprise 24,400 sqm and the first stage of 5,700 sqm was fully leased before its delivery in January 2021. The company is also building LCube Logistic Park Szczecin Goleniów, which is to be delivered at the beginning of April. The company’s largest planned development is LCube Logistic Park Wrocław Dobrzykowice with an eventual gla of almost 60,000 sqm. Currently, the developer is in the process of applying for the building permit. LCube already has a possible site for a possible project in Strzelce Opolskie and is attempting to acquire further sites including 60 ha to the west of Poznań.

All LCube buildings are to be BREEAM certified.




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New leases

  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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