ARTICLES LABELLED WITH TAG logistics

MLP Group has completed a transaction with BNP Paribas Bank Polska S.A., securing financing of €21.5 million. The funds will be used to refinance the construction of a 34,600-square-meter warehouse facility at the MLP Pruszków II logistics centre. Legal advisory for the bank was provided by Kycia Legal Banking Finance.

Panattoni is constructing a fully robotic BTS (built-to-suit) distribution centre for Auchan Polska. The centre in Wilcza Góra near Warsaw is to service Auchan’s customers from its updated internet platform. Within the centre, all operations are to be automated using proprietary systems from Ocado based on artificial intelligence and machine learning. 

Industrial developer Logicor has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, located near Bucharest. 

XBS Logistics and XBS PRO-LOG of the XBS Group have leased over 90,000 sqm in total across four industrial parks near Warsaw. The tenant was represented during the lease negotiations by Newmark Polska.

CTP has welcomed Raben Group to its latest warehouse and shipping centre, which the company has just moved into at the CTPark Warsaw West complex in Poland. 

Panattoni has leased nearly 15,000 sqm to KMC Services at Panattoni Park Tricity East V. With this deal, the 50,000 sqm building constructed in the first stage of the development has been fully commercialised.  A second building has been planned and eventually, the park is to comprise 105,800 sqm.

Romania’s total stock of industrial and logistics spaces could reach the 8 million sqm threshold at the end of 2025, if the recent annual development pace of around 500,000 sqm is maintained, according to a report by Cushman & Wakefield Echinox. 

Krzysztof Trembowski, Senior Project Director at cmT Group has talked to Property Forum about the demand for BTS projects, the rapid development of energy-saving technologies and rising reliance on the prefabricated elements.

Panattoni has finalized the sale of City Logistics Warsaw IV, a 39,000-square-meter logistics complex located in Warsaw. The buyer is an international entity specializing in real estate investments. The transaction is valued at €53.5 million. 

MLP Group S.A. has successfully closed its debut senior green notes offering, worth €300 million (approximately PLN 1.3 billion). Citi and Santander Group acted as Global Coordinators and Physical Bookrunners for the issue.