P3 buys plots in Warsaw for last-mile logistics

10
Dec
2020
News - P3 buys plots in Warsaw for last-mile logistics #logistics #P3 #Poland #warehouse #Warsaw

by Property Forum | Industrial

P3, the long-term owner and developer of warehouse facilities in Europe, expands its portfolio by two urban plots located within the Warsaw agglomeration, on which P3 Warsaw I and P3 Warsaw II parks will be built. Thus, urban logistics is yet another direction of the developer's intensive activities undertaken in Poland.


The new projects respond to expectations from the market, including from the dynamically developing e commerce sector, which, as it continues to strengthen its position and to expand even further, needs well located warehouses, also such which are situated within the administrative borders of the largest agglomerations, to be able to deliver orders to the end customers as quickly as possible.

Bartłomiej Hofman, Managing Director P3 Logistic Parks in Poland says: “We see a huge potential of the warehouse market in the Mazowieckie region. Market analysts say that nearly ¼ of the warehouse space for the logistics industry is already located here. The decision to expand our portfolio with the grounds for city logistics has been taken because we are aware of the growing popularity of online orders and the increasing consumer demands regarding delivery times. In this context, it is important to place distribution centres as close to the end customers as possible. The central location of the plots which P3 has purchased, very good infrastructure in their vicinity, and the possibility of reaching over 2.6 million potential end customers residing in the Warsaw agglomeration provide the answer to the needs of the increasing number of our tenants.”

The first of the two parks, P3 Warsaw I, will be built at the southern edge of Warsaw, in the municipality of Lesznowola, about 13 km from the ring road and 8 km from the S8 expressway. The project involves construction of two BTS buildings with a total area of over 80,000 sq m. The buildings will have an above standard clear height of 12 m and an increased floor load capacity of 7.5 t/sq m.

The area where the P3 Warsaw II park will be built is at ul. Faradaya in Warsaw. This area is very well connected to other parts of Warsaw thanks to bus and tram lines and the S8 expressway. The two BTS facilities will have a total area of 24,000 sq m. Their clear height will be 10 m and the floor load capacity will be 5t/sq m. The minimum size of the units available for leasing will be 1,350 sq m.

Both P3 Warsaw I and Warsaw II warehouses will rely on energy-saving solutions, such as LED lighting with DALI automatic control system, water taps with infrared aerators, and charging stations for electric vehicles. All warehouses will have certification in the BREEAM system at the “Very Good” level.

The current portfolio of P3 in the Mazowieckie region already includes properties in such locations as Błonie, Mszczonów, and Grodzisk Mazowiecki.




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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