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.

Logicor has completed the construction of a dedicated logistics facility, which will be one of the distribution centers for medicinal products and derivatives on the hospital and pharmaceutical market. The investment with an area of ​​17,960 sqm was established in the Pass Industrial Zone in Błonie near Warsaw. It was implemented in accordance with the BREEAM Very Good standard and with the use of many additional ecological solutions.  

M7 Real Estate, acting on behalf of M7 CEREF II, acquired a city warehouse in Poznań from a private individual. Avison Young's investment team introduced the property and represented the buyer.

Panattoni has launched construction work on Panattoni Park Ruda Śląska III. The project is already 95 pct leased, with one of the future tenants being midocean, an industry-leading wholesaler of personalised promotional products, textiles and business gifts across the continent. The tenant has leased over 40,000 sqm for its main European logistics and printing centre. midocean is to use numerous sustainable solutions such as heat recovery systems, and solar panels and is to move into its new centre in the middle of 2022.

Construction of the first of two warehouse buildings in 7R Park Łódź West II complex is nearing completion. The building has been leased to two tenants. MDH, a subsidiary of the Meyra Group, will soon start its operations in the location. The company produces and sells orthotic supplies for people with movement disorders. During the lease process MDH was supported by the consulting company Axi Immo. VESBO Poland, a distributor of sanitary installations and water filters, has also chosen this location in Łódź

MLP Group, industrial developer operating across the European warehouse property market (in Poland, Germany, Austria and Romania) has just purchased a 12-ha land plot at Spiżowa Street in Gorzów Wielkopolski. Located in the western part of the city, 900 m from the S3 road junction and 9 km away from the city centre, it will accommodate MLP Gorzów Wielkopolski, a modern logistics and distribution centre.

The list of industrial and logistics developers active in the booming Polish market has now been joined by LCube, headed by Adrian Biesaga and Michał Stachura. The leasing team will be led by Aleksandra Kołbon. LCube's first project will be implemented in Jasionka near Rzeszów.

International logistics forwarder DSV Prime Cargo has just extended its lease in Panattoni Park Goleniów, while at the same time doubling the space it occupies to almost 10,000 sqm. 

European warehouse property developer MLP Group is set to build a BTS facility for a new customer. The tenant was assisted during the transaction by a team of experts of the Savills consultancy.

NREP, one of the leading real estate investor in the Nordic countries, will soon open an office in Warsaw. NREP has just finalized the purchase of a logistics portfolio of 130,000 sqm and over 1,000 new apartments in Warsaw.