ARTICLES LABELLED WITH TAG logistics

MLP Group has signed a long-term lease agreement with a Chinese manufacturer of automotive parts, which, as part of its global nearshoring strategy, will lease 23,000 sqm of modern warehouse and office space at the MLP Poznań West logistics centre. Construction of the facility will begin in the early fourth quarter of 2024, the handover is planed for the second quarter of 2025. The new building will meet the highest environmental standards, to be confirmed by BREEAM ‘Excellent’ certification.

Garbe Industrial Real Estate is moving ahead with expansion into new development projects in Poland. With this purpose in mind, two experts experienced in the warehouse real estate sector have been appointed as Managing Directors and local subsidiary’s members of the management board. Adrian Biesaga and Michał Stachura joined the Warsaw-based Garbe branch at the beginning of September this year.

Panattoni has completed the construction of City Logistics Warsaw IX. The centre with an area of over 13,000 sqm is situated in Targówek Fabryczny and already has its first tenants.

CTP has purchased a 140,000 sqm plot of land located within the Pomeranian Investment Centre (PCI) - an industrial park located in the vicinity of the largest container terminal on the Baltic Sea. The land acquired from the Gdańsk Economic Development Agency will be used to construct the next stage of the CTPark Gdańsk Port industrial and logistics complex.

Panattoni has been issued financing for the construction of City Logistics Warsaw Airport IV. The €17.25 million loan was granted by Santander Bank Polska.

Panattoni has sold a 37,000 sqm distribution centre in Teresin (Mazovia region) that it developed for the use of Orbico Supply – an FMCG company and a distributor of cosmetics in Europe. The name of the buyer and the value of the transaction were not disclosed.

Trademarc, a company co-owned and managed by Griffin Capital Partners, has sold a 37,590 sqm Built-to-Suit (BTS) warehouse located in Teresin, west of Warsaw. The buyer and transaction amount have not been disclosed.

According to Cushman & Wakefield, the Polish industrial market saw a marked upturn in occupier activity in the second quarter of 2024, reporting the highest leasing volume in Europe. In addition, Poland’s total industrial stock is poised to soon surpass the 35 million sqm mark. 

GLP has announced that it is set to unveil its second project in Lędziny (Upper Silesia, Poland). GLP Park Lędziny II will offer 40,000 sqm of rentable space and construction is expected to take approximately eight months once initiated.

Emira Property Fund has announced a strategic investment in the Luxembourg-headquartered Polish property developer and investor DL Invest Group. With a €55.5 million investment, Emira has acquired an effective 25% initial stake in DL Invest Group, which has a gross asset value of approximately €730 million and a net asset value prior to Emira’s investment of approximately €278 million. Emira’s equity interest has a face value of €101.5 million.  Emira has also secured the option to acquire a further interest for €45.5 million. If exercised, this second tranche will result in Emira holding 45.0% of the issued shares of DL Invest Group.