Łodź remains a perfect spot for new warehouse projects

30
Mar
2021
News - Łodź remains a perfect spot for new warehouse projects #Cushman&Wakefield #logistics #Łodź #Poland #warehouse

by Property Forum | Industrial

Central Poland, located at an intersection of Poland’s two main motorways, is one of the largest industrial markets in the country. Its logistics locations boast many advantages and the region itself continues to enjoy a growth potential despite its size, said Katarzyna Misztal, Junior Negotiator, Industrial and Logistics Agency, Cushman & Wakefield.


Central Poland is one of the largest industrial markets in Poland and comprises Łódź and surrounding locations such as Konstantynów Łódzki, Pabianice, Nowosolna, Stryków, and Piotrków Trybunalski. This region’s recent growth has been nothing short of spectacular. Its total industrial stock has expanded by more than two million square metres over the last five years, of which approximately 730,000 sq m is in Łódź and neighbouring locations; this represents a threefold increase in its size!

Advantages of warehouses in Central Poland

An undoubted advantage of Central Poland is its geographic position in the centre of the country and well-developed road infrastructure, which comprises the A1 and A2 motorways and S8 expressway, connecting the urban areas of Wrocław, Łódź, Warsaw, and Białystok.

Key industrial and warehouse centres and districts in Łódź and its vicinity are located close to fast traffic roads encircling Łódź. Over the years the largest warehouse clusters have been in Stryków, located at an intersection of the A1 and A2 motorways, and in the Łódź Widzew district. The latter’s growth has been driven not only by its proximity and access to the A1 junction, but also by the high availability of greenfield sites and the municipality’s openness to collaboration with developers through spatial planning with a focus on manufacturing and provision of suitable public transport services.

Warehouse clusters in Łódź

Key warehouse clusters in Łódź Widzew are located in the area delineated by the following streets: Ofiar Terroryzmu 11 Września, Tomaszowska / Jędrzejowska, Niciarniana, Zakładowa, and Transmisyjna. Industrial parks have been developed here by Panattoni, Prologis, Segro, MLP, 7R, Logicor, and City Link.

The map of available and planned development sites within the Łódź conurbation shows that growth is gathering pace in the area to the south-west of the city, that is the vicinity of Konstantynów Łódzki and Ksawerów.

Potential of the Łódź industrial market growth

Central Poland continues to enjoy a large growth potential, driven by the construction of the S14 expressway (the western ring road of Łódź) and Pabianice’s ring road. Upon completion, this route will connect the A2 motorway (Emilianów junction) and the S8 expressway (Róża junction), running south to the west of Łódź, Zgierz and Pabianice. It will be approximately 41 km in length and run exclusively across the Łódzkie province, through Zgierz, Aleksandrów, Konstantynów and Pabianice, and three Łódź districts: Górna, Polesie, and Bałuty. The new stretch of S14, which is scheduled for delivery in 2023, will complete the orbital route of fast traffic roads encircling Łódź.

With road improvements underway, this area is seeing investors increasingly focused on acquisition and development of industrial projects there. It is in the Ksawerów region and the vicinity of Konstantynów Łódzki, where development sites totalling around 400 ha have been prepared. Development activity is also strong, with new warehouse projects under construction including Panattoni Park Łodź West in Niesięcin and 7R Park Łódź West II in Maratońska Street in Łódź. The south-west of the Łódź conurbation is therefore emerging as an excellent alternative helping ease the burden on the busy Widzew district.




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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