ARTICLES LABELLED WITH TAG warehouse

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.

Warehouse developer LCube has started preparations for the implementation of his next investment. In Mszczonów, on a plot of approx. 8 ha, a facility of approx. 35,000 sqm is to be built.

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.

Colliers represented Hungarian developer Faedra Group, on an exclusive basis, in the disposal of the first phase of its brand-new logistics development in Budapest.

7R, a Polish developer specialising in providing warehouse and industrial space, has published its first ESG report, setting sustainable development goals until 2025. The company's priority is to strive for climate neutrality and to support customers in this regard. 7R declares that ESG is the foundation of its operations and is part of a long-term strategy of increasing the value of the company itself and its products, which benefits tenants, investors, local communities and employees.

CTP has delivered a built-to-suit warehouse spanning 35,000 sqm in CTPark Mogoșoaia, near Bucharest, for pharmacy chain A&D Pharma – Dr. Max Group. 

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.

Invesco Real Estate has sold Panattoni Park Gdańsk Airport, a logistics park situated in the vicinity of the Gdańsk international airport, to EQT Exeter. The complex, part of which is still under construction, comprises five buildings and has a total leasable area of app. 110,000 sqm. The value of the transaction has not been disclosed.