ARTICLES LABELLED WITH TAG Lodz

German investor and asset manager Palmira Capital Partners has acquired a last-minute logisitcs facility in Łódź for its European Core Logistics Fund (ECLF) for an undisclosed sum.

Colliers has been chosen to be the exclusive commercialisation agent for University Business Park in Łódź, which is owned by Globe Trade Centre.

Construction of the first of two warehouse buildings in 7R Park Łódź West II complex is nearing completion. The building has been leased to two tenants. MDH, a subsidiary of the Meyra Group, will soon start its operations in the location. The company produces and sells orthotic supplies for people with movement disorders. During the lease process MDH was supported by the consulting company Axi Immo. VESBO Poland, a distributor of sanitary installations and water filters, has also chosen this location in Łódź

Trei Real Estate is moving ahead with two large-scale residential projects in Poland. In Wrocław, the company launched the third construction stage of the “Bacciarellego 54” quarter, which will deliver a total of 91 apartments when completed by year-end 2022. In Łódź – with its population of around 700,000 the third-largest city in Poland after Warsaw and Krakow – Trei is about to kick off its second construction stage, which comprises 88 residential units. All things considered, Trei is planning to build a total of 1,320 residential units in Poland in the years ahead and will invest a total of €125 million.

In the area of the Fuzja by Echo Investment in Łódź, the works related to the construction of the shell of two office buildings have been completed, and the traditional topping out ceremony has been held. Obtaining an occupancy permit is planned for the first quarter of 2022. Medusa Group studio is responsible for the architectural design.

Mecalit, a supplier of technical precision parts made of plastic, decided to sign a lease agreement for 10,500 sqm of warehouse space at the Central European Logistics Hub, an investment owned by Panattoni Europe. AXI IMMO was responsible for the comprehensive advisory services for the tenant.

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.