Prologis has signed a lease agreement with Grupa Allegro, the largest e-commerce platform in Poland, for 21,950 square metres at Prologis Park Błonie. The transaction involves 13,100 square metres of space that has been leased now and an additional 8,850 square metres that will be leased in 2017.
This represents the third lease agreement signed by Prologis in Central and Eastern Europe with an e-commerce company in the last quarter. BNP Paribas Real Estate Poland facilitated the transaction.
“We are experiencing a logistics boom within e-commerce in Poland, and expect lease agreements with these companies to total up to 700,000 square metres by 2020, ” said Zbigniew Smyczyński, leasing manager, Prologis Poland.
“The e-commerce market is witnessing exponential growth, which translates into the need to accelerate project deliveries for the key players in that sector” said Martyna Kajka, consultant, Industrial & Logistics Department, BNP Paribas Real Estate Poland.
Prologis Park Błonie is a distribution centre comprising seven buildings totalling 152,000 square metres. It is located 25 kilometres to the west of the Warsaw city centre, near Road E30/DK92 which connects Western and Eastern Europe, and the A2 motorway, which connects Warsaw and Berlin.
