W&L to deliver four warehouse buildings in Sofia

19
May
2021
News - W&L to deliver four warehouse buildings in Sofia #Bulgaria #development #industrial #logistics #SEE #Sofia #W&L

by Property Forum | Industrial

Developer Warehousing & Logistics EOOD (W&L) has begun the construction of the newest industrial park in Bulgaria, called Logistics Park Sofia (LPS). The park is located about 8 km from the capital Sofia. W&L is planning to build 4 warehouse buildings in the complex which will span more than 116,000 sqm of industrial and office space that will be available to potential tenants. So far this is the first Bulgarian logistics park with such a high concentration of industrial space.


The construction of the first building (27,000 sqm) began in 2019 and was finished in mid-2020. W&L is set to complete the second building by the end of 2021 which will expand Logistics Park Sofia by a further 31,000 sqm of space. The two remaining buildings (58,000 sqm) are expected to be completed by the end of 2023.

Logistics Park Sofia has fast and efficient access to the two main motorways Trakia (A1 / E80) and Hemus (А2 / E79). LPS is also minutes away from Sofia within close proximity to the ring road of the capital and the Sofia airport.

Additionally, the park is located in a region with a competitive labour force that has historical experience in production and logistics activities. The facilities of LPS are perfectly suitable for e-commerce, logistics, FMCG, pharmaceuticals, retail, automotive, light industry activities and many others thanks to the high working height of 12.20 m, high floor load capacity of 9 tonnes/point and the possibility for custom made solutions offered by W&L.




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New leases

  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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