The warehouse sector in the CEE region, although experiencing temporary problems, retains its attractiveness. The directions of its further development may vary depending on the location - this is how the panel discussion  „Full speed ahead – What's driving logistics developments?” could be summarised in brief. It was a part of the CEE Property Forum 2023 conference, which was held in September in Vienna by Property Forum.  

Panattoni is launching its second project in Warsaw’s Targówek district this year. The company is to deliver 17,615 sqm of space in an investment of €8.5 million. City Logistics Warsaw VI will be the company’s tenth development in Warsaw.

CTP has leased approximately 110,000 sqm at the CTPark Warsaw West complex to Raben Group, one of the largest logistics companies in the world. This 10-year lease is the largest transaction in the warehouse and logistics market in Poland this year, for which the Raben Group was advised by Savills, and was also a record-breaking agreement for 2023 across CTP’s entire portfolio.

For many real estate market leaders who came to Expo Real 2023, it was an opportunity to look for new investment opportunities in the face of more difficult macroeconomic and economic conditions in the world. Experts from Walter Herz advisory agency share their insights on the current situation in the Polish property market. 

DL Invest Group signed a contract for the lease of over 120,000 sqm warehouse space with one of the world's most recognized fashion companies. The construction of warehouse halls for a new tenant is underway as part of the DL Invest Park Psary project located in Silesia in a strategic location close to the A1 and A4 motorways and the S1 expressway.

Panattoni has begun construction of a 9,500 sqm facility tailored for Air Spiralo, a ventilation systems manufacturer. The manufacturing and warehouse facility will be located in Szamotuły, near the company's main headquarters in Poland. The project is valued at nearly €8.4 million.

Fortress Real Estate Investments Limited has laid the cornerstone for its latest investment in Central and Eastern Europe – Fortress Logistics Park Zabrze in Poland. The ceremony included representatives of the local city council, project partners and the general contractor – Goldbeck CEE North. This class A facility with a total GLA of 77,500 sqm is scheduled for completion in Q2 2024.

MLP Gorzów Wielkopolski Park witnessed an official cornerstone-laying ceremony. The new logistics centre by MLP Group will encompass 56.7 thousand sqm of warehouse space, of which 9.2 thousand sqm will be taken up by the initial occupant Sunrise Medical. The project, due for completion in February 2024, is expected to achieve the BREEAM New Construction certification of ‘Excellent’.

Just ahead of the Expo Real investment fair in Munich, experts of Avison Young presented an overview of the current situation in the Polish commercial real estate market. 

Hillwood Polska and LCube have signed an agreement to develop a logistics facility on the eastern outskirts of Wrocław. Spanning over 60,000 sqm, the Hillwood & LCube Wrocław East industrial and warehouse complex will offer Class A warehouse space and meet 'Excellent' BREEAM certification standards. LCube will serve as the Development Manager, working closely with Hillwood through the construction and commercial phases.