ARTICLES LABELLED WITH TAG logistics

According to Cushman & Wakefield, the Polish industrial market saw a marked upturn in occupier activity in the second quarter of 2024, reporting the highest leasing volume in Europe. In addition, Poland’s total industrial stock is poised to soon surpass the 35 million sqm mark. 

GLP has announced that it is set to unveil its second project in Lędziny (Upper Silesia, Poland). GLP Park Lędziny II will offer 40,000 sqm of rentable space and construction is expected to take approximately eight months once initiated.

Emira Property Fund has announced a strategic investment in the Luxembourg-headquartered Polish property developer and investor DL Invest Group. With a €55.5 million investment, Emira has acquired an effective 25% initial stake in DL Invest Group, which has a gross asset value of approximately €730 million and a net asset value prior to Emira’s investment of approximately €278 million. Emira’s equity interest has a face value of €101.5 million.  Emira has also secured the option to acquire a further interest for €45.5 million. If exercised, this second tranche will result in Emira holding 45.0% of the issued shares of DL Invest Group.

7R is launching a project near the A1 and A4 Gliwice-Sośnica motorway junction. The facility will offer future tenants a total of 40,000 sqm of modern logistics space.

CTP has started construction of a new 11,200 sqm manufacturing facility at its CTPark Zabrze complex in Poland. Construction is expected to complete by the end of November 2024.

CTP has leased around 10,000 sqm of modern warehouse space at CTPark Warsaw North to Trako Team Rafał Kopański, a Polish brand from the transport, shipping and logistics (TSL) sector.

Invesco Real Estate has completed its first mezzanine lending deal in Central Europe on behalf of Invesco Real Estate Europe Fund III – SCSp (Europe III). The €20 million loan has been secured against the BTS logistics facility in Psary (Upper Silesia, Poland), recently completed by DL Invest. 

Panattoni has begun the final construction stage of its City Logistics Kraków I urban park in the city’s Nowa Huta district. A total of 11,300 sqm is to be built with the park to expand to its final target size of 36,500 sqm.

The joint venture between Partners Group and Peakside Capital Advisors has launched the construction of the C2 facility at City Point Targówek. The light industrial building will offer 25,000 sqm of space with units starting from 1,000 sqm. Depenbrock Poland is the general contractor for the project.

Panattoni has signed a lease contract for over 16,000 sqm in Panattoni Park Goleniów I with logistics operator Fiege. With this deal, the entire 60,000 sqm park has been fully commercialised.