ARTICLES LABELLED WITH TAG warehouse

German investor and asset manager Palmira Capital Partners has acquired a last-minute logisitcs facility in Łódź for its European Core Logistics Fund (ECLF) for an undisclosed sum.

Tomasz Mika has been appointed Chief Financial Officer, effective August 1st, by the management board of 7R. He heads the company's financial division and is responsible for finance, accounting and controlling. He will also support 7R's business development in Poland and foreign markets.

Accolade Group, in cooperation with its JV partner, invested almost €26 million in a Class A warehouse facility in Wielenin-Kolonia in Central Poland. The entire facility is occupied by K-Flex, a worldwide leader in the production of elastomeric insulation, with a lease term of 17 years.

Panattoni has turned its focus back onto the Warsaw market. In a strategic location – close to the planned New Central Polish Airport – Panattoni Park Błonie III is now under construction. The investment with an area of more than 90,000 sqm has already started and has its first tenant: logistics operator GTFL, which specialises in full truckload and international transportation. The company will consolidate the space it currently occupies in the country at the end of this year, when it will move into its newly leased 7,700 sqm premises. It was represented by consultancy Cresa Polska for this transaction.

European Logistics Investment (ELI) has started construction works of the second phase of its warehouse scheme in one of the key logistics regions in Poland – Silesia. Park Tychy II, a 43 000 sqm project is planned as a mixed-use property with BREEAM certificate at the Excellent level. The building is already leased in almost 100% to two tenants – Tiberina Group subsidiary U-Form, a leading supplier of components for the automotive sector in the EMEA region and Nodium Group, the owner of two online platforms – sport-shop.pl and nodik.pl.  

The European warehouse property developer MLP Group is to build a BTS facility for Hart Logistics, a Polish provider of logistics and transport services. The lease has been brokered by Profi-Home of Poznań.

White Star Logistics, a new joint venture between Bain Capital Credit and White Star Real Estate, is launching two logistics centres in Poland, in the Warsaw suburbs of Nowy Konik and Raszyn. These areas are in high demand for warehousing, light industrial uses and from the ever-growing e-commerce market. The total area of both projects will be approximately 120,000 sqm.

Polish developer 7R has brought into use the tenth warehouse building in 7R Park Kraków in Kokotów on the south-eastern outskirts of the city. It is the largest complex in the company`s portfolio with more than 213,000 sqm GLA.

Panattoni has launched work on its 21st park in Lower Silesia. The developer has started the construction of Panattoni Park Wrocław S8 South, which is to have an area of 18,000 sqm. The investment has already attracted its first tenant from the logistics sector, which will occupy more than 4,600 sqm. The facility is to be completed this year, in Nowa Wieś Wrocławska, close to the Wrocław Południe junction between the A4 motorway and the S8, providing an connection with the main logistics centres across Poland and Europe.

Griffin Real Estate and Madison International Realty announced a joint venture for their two first investments together in Germany. With Griffin’s development partner, Panattoni, the firms will develop two build-to-suit properties, with footprint area of over 7,000 sqm and 9,100 sqm respectively, that have been leased to Amazon on a 15-year lease with combined investment volume over €80 million.