The current level of buying activity on the warehouse market shows that lands for warehouse and industrial projects remain in high demand. It is being driven by several overlapping phenomena originating in a range of market sectors. What plots are attracting the strongest investor interest? What regions are being targeted and why? Cushman & Wakefield is looking for an answer.
Penta Investments group has sold a building plot of 6,500 square meters in Warsaw for almost €25 million. The plot in the Wola district was bought by Lincoln Property Company together with the investment group ENERN. They plan to build an office building with 30,000 meters of leasable area on a plot with the availability of public transport.
Panattoni is demolishing the cement plant in Nowa Huta, where City Logistics Kraków I Is to be built with an area of 36,500 sqm. Additionally, a park is to be built in the centre of Konin on the site of a former grain elevator. Brownfield developments now comprise over 10% of all of Panattoni's projects and this proportion is very quickly rising.
Majorel Polska, an international outsourcing services provider has extendied a lease agreement for the next 2 years and leased additional 400 meters for a new project - IT Hub in recently modernised Globis Poznań by GTC. It now occupies 3 200 sqm of A-class workspace. CBRE has advised Majorel Polska on concluding the lease contract.
NEPI Rockcastle Poland has extended its office lease agreement and enlarged its premises in the Cosmopolitan Twarda 4 building in Warsaw city centre. The shopping centre owner and operator now occupies 1,500 sqm of offices in the building.
Boeing Distribution Services (BDSI) has leased a 3,000 sqm building in Panattoni Park Rzeszów Airport III in Poland’s ‘Aviation Valley’, in the southeast of the country.
Tomasz Pietrzak, with MLP Group for more than five years, has been promoted to the position of Leasing Director Poland. Until recently responsible for the commercialisation of warehouse space in the Warsaw region, now he will manage leases across Poland.
Savills has hired Dušan Drábek who joins its industrial agency team with immediate effect. Based in Savills Prague office, the new Associate Director will work alongside the Head of Industrial Agency, Chris LaRue.
Real estate consultancy Cushman & Wakefield Echinox has appointed Roxana Nicolae as Workplace Manager. She has 17 years’ worth of experience in Integrated Facilities Management for corporate clients.
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