Propco, a developer focused on small warehouse facilities, has finalised a property development deal for DPD Polska Sp. z o.o. The BTS facility will be built in Boleslawiec, and will provide a total of 2,500 sqm of cross-dock space. It is the first project carried out for DPD Polska as part of a development programme of regional small-format last-mile logistics facilities. Construction of the facility has already begun, while the space is scheduled to be handed over to the tenant for use at the turn of 2022/2023.

GTV, an international distributor of furniture accessories and LED lighting, has signed a lease for another 32,000 sqm of space at MLP Pruszków II. The company is already occupying 20,300 sqm at the logistics centre. The new building is to be handed over to the tenant next April. The transaction was brokered through AXI IMMO, a real estate advisory firm.

Development company Antracit is launching a series of projects in several cities in the Czech Republic and Slovakia. It is preparing a mixed-use rental project in Ostrava, an office and apartment project and a rental project in Pilsen. A mixed-use rental project is also being prepared in Žilina and another rental project in an industrial area in Prešov, the company announced. 

Industrial parks built five or ten years ago are as good as new facilities in many respects. Constructed in prime suburban and well-connected locations, they continue to be upgraded. Most importantly, however, they offer ready-to-occupy and relatively competitively-priced warehouse space, says Michał Kozar, Associate, Industrial and Warehouse Department, Newmark Polska.

P3 has finalised the purchase of its third plot in Southern Poland. The acquisition is P3’s first investment in Upper Silesia, the second-largest warehouse market in the country.

Panattoni has leased out over 15,100 sqm to Chines e-commerce giant, JD International Logistics in its newly completed Panattoni Park Nadarzyn. The developer has also completed the process of the building’s certification in the BREAAM International New Construction system at the level “Excellent”. With a score of 78.4 percentage points the building has become the most ecological construction in Poland. The lease to JD.com was mediated by consultancy M4 Real Estate.

Swedish company Desenio Group set up a new distribution centre for European markets outside the Nordic region. For the centre, Desenio leased nearly 18,500 sqm in CTPark Bor. The transaction was assisted by Cushman & Wakefield.

Investment into the European logistics real estate market remained strong in Q1 2022 and experienced a y-o-y growth of 19.6%. The growth of 28% above the five years average has experienced the leased warehouse space. The biggest change occupiers anticipate as a result of the pandemic is the shortening, or reshoring, of supply chains to mitigate risk. Also, the war in Ukraine and China´s lockdowns has driven the demand to record levels, indicates Savills in their last European Logistics Outlook published today.

GLP announced that its fourth logistics project in Mazovia has been completed. Totalling 35,500 sqm, the latest building – GLP Warsaw III Logistics Centre – is located just beyond the eastern boundary of Warsaw, next to the Kobyłka Junction of Expressway S8, offering an alternative to city warehouses.

Korean logistics company Unico Logistics has leased 11,250 sqm of space in the newly built hall at BIK Park Wrocław. The investment carried out by Biuro Inwestycji Kapitałowych near Wrocław will provide a total of 22,500 sqm of modern warehouse space. The commissioning of the ready-made facility is planned for September this year. The offer also includes free warehouse modules for rent.