ARTICLES LABELLED WITH TAG warehouse

New multinational companies are leasing warehouses in Upper Silesia while taking advantage of comprehensive logistics services. Developers have secured plots of land in the region and will launch new projects once they pre-let 30-50% of the floorspace of a building as part of meeting banks’ lending requirements. According to the latest market data, Upper Silesia is the fastest-growing region, say Michał Kozar, Senior Associate, and Janusz Dudek, Senior Advisor, Industrial and Warehouse Department, Newmark Polska.

P3 Logistic Parks has commenced the development of another speculative warehouse with an area of 28,292 sqm at P3 Poznań, a warehouse park offering a total area of over 385,000 sqm. When expansion work is complete, P3 Poznań will cover a total area of 415,000 sqm, making it one of the largest logistics parks in Poland.

Panattoni has already delivered almost 170,000 sqm of industrial space around Zielona Góra in three different parks. Space has now been rented by ECE Logistics in one of these projects within the administrative capital of the Lubuski region. The company is to use the centre to run logistics operations for an e-commerce client from where it is to serve markets in Central and Western Europe. The tenant was represented by real estate consultancy BNP Paribas Real Estate.

Panattoni has launched construction on its second centre in the administrative capital of Wielkopolska. City Logistics Poznań II is to arise on ul. Węgorka, where it will have easy access to the centre of town and be within the vicinity of the A2 junction with the S11. The investment costs will come to €17 million.

Panattoni has started further construction for BestSecret, a European online distributor of off-price fashion. The company took the already delivered 90,000 sqm at Panattoni Park Sulechów III into operations in March. As part of the facility expansion, the new contract involves – building an additional 43,323 sqm of warehouse space and 2,632 sqm of office space.

Panattoni is undertaking another large-scale project in Silesia. The company has bought 26 ha of land and has launched work on its first development in Bytom, which is to comprise three industrial buildings. The location allows for easy access to key cities both within the country and throughout the Central European region.

7R is preparing to start construction of 7R Park Bytom I. The project will be built in the spirit of ESG: it marks the revitalization of 25 ha of neglected land, will have numerous pro-environmental solutions, at the same time the developer has established cooperation with local authorities and actively supports the local community.

The total industrial and logistics stock for the CEE-12 region has grown to exceed 65 million sqm, with 25 million sqm situated in and around the 12 capital city markets. Poland maintains the largest I&L market and is approaching the 30 million sqm mark, reveals a new report by Colliers.

CTP is launching another industrial and logistics complex in the Mazovia region in Poland. The developer will develop two cross-dock facilities in Emilianów with a total leasable area of nearly 102,500 sqm. The investor has already received a building permit for the first phase of the investment. Its commissioning is scheduled for the end of the second quarter of 2024.

Fortress Real Estate Investments Limited has commenced the development of Fortress Logistics Park Zabrze with a target GLA of 77,500 sqm. The company has secured its first tenant, LIT Logistyka Polska, which has leased approximately 11,600 sqm of warehousing space. Fortress Logistics Park Zabrze will be the first investment in Europe in which the company has been both investor and developer since the beginning of the investment process.