ARTICLES LABELLED WITH TAG Lodz

React, an office project developed by Echo Investment in Łódź, will be the second location in the city for Chillispaces, a company specializing in providing coworking spaces. The tenant will start to operate here in the first quarter of 2022.

Panattoni has leased 10,500 sqm to Well Pack in the City Logistics Łódź II warehouse park. The space will be used by the logistics operator for the machine washing and disinfection of reusable food containers for supermarket chains. The tenant will move into its new premises in July, from where it will carry out its main operations.

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.

London-based investor Tritax EuroBox has agreed to sell its asset in Łódź, Poland for €65.5 million to Savills Investment Management, acting on behalf of the Vestas European Strategic Allocation Logistics Fund (VESALF I), a fund raised solely from Korean institutional investors.

Master Management Group (MMG) has been granted an occupancy permit for its Hi Piotrkowska complex in Łódź. In December the first tenants are gradually to start their operations from the main building. At the same time, MMG has signed further leases including with the Rossmann drugstore and the Łódź-based florist Badylarz.

Echo Investment has gained a loan for the construction of three office buildings included in the multifunctional Fuzja project in Łódź. Bank Pekao S.A. provided financing for the investment.

Cushman & Wakefield will act as the sole agent responsible for the commercialisation of the Łódź 1 office building of the Prime Holdings Group.

Panattoni is to deliver a central warehouse in Łódź for school and nursery school supplies. Their distributor has leased 11,200 sqm in Panattoni Park Łódź West, which is currently under construction. The building is to be built in Konstantynów Łódzki, near two express roads 8 km from the international airport. It is the developer's first investment project on the western side of Łódź.

Savills Investment Management has acquired a logistics property in Łódź, Poland, and two adjacent distribution centres in Den Bosch, the Netherlands, for a total of c. €52 million. The Polish property was purchased on behalf of the Savills IM European Logistics Fund 2 (ELF 2) portfolio, which now comprises 26 properties. The two Dutch logistics properties constitute the third transaction on behalf of the European Logistics Fund 3 (ELF 3), which was launched in late 2019.

Cavatina Holding has acquired the Widzewska Manufaktura revitalisation project in Łódź for €90 million (PLN 400 million). The seller of the approximately 4 ha site at Piłsudskiego 135 with its 19th-century industrial buildings was a company headed and co-founded by Stanisław Zaręba, represented in the transaction by Deloitte.