ARTICLES LABELLED WITH TAG warehouse

LemonTree is starting another investment project, this time located in the capital of West Pomerania in Poland. WestSide Szczecin will deliver nearly 31,000 square meters of warehouse and office space, equipped with solutions that reduce the building’s environmental impact. The facility is scheduled to be commissioned in February 2025.

Panattoni has completed the construction of a new production and warehouse facility for Air Spiralo in Szamotuły, near Poznań. The new 9,200 sqm investment will enhance the company's production and logistics capabilities.

Logicor has extended its lease agreement with PepsiCo Polska for ca. 58,500 sqm of warehouse and office space at Logicor Mszczonów Park near Warsaw. The site is PepsiCo’s largest distribution centre in Poland.

Panattoni has launched construction on a new project in Western Pomerania (northern Poland). Panattoni Park Szczecin V is to reach a size of 30,000 sqm and already its first tenant has been found.  A company from the catering industry has leased 8,600 sqm.

Łukasz Jachna, CIO of LemonTree, has talked to Property Forum about the current trends in the Polish warehouse market, the speed of implementation of ESG principles and designing logistic parks as mixed-use projects.

CTP has purchased an 85,000 sqm investment plot in the Wiskitki municipality near Warsaw. The acquisition of this land, located just 10km away from the planned Central Transport Port, will allow the company to expand the CTPark Warsaw West complex with an additional 36,000 sqm of leasable space. JLL was responsible for coordinating the purchase of the new land.

With 2.32 million sqm of industrial and logistics space under construction, Poland is the top European market for development activity, says the latest quarterly report from BNP Paribas Real Estate Poland.

Panattoni has been granted bank financing for Panattoni Park Zgierz. The €23.3 million loan was issued by PKO Bank Polski.

Prime Logistics Wrocław and logistics service provider LX Pantos have signed a lease for 100,000 sqm. The transaction saw LX Pantos renegotiate its contract and expand to a new building to consolidate its warehouse space in a single location. This marks the largest warehouse deal in Poland this year. LX Pantos was advised by Cushman & Wakefield. CBRE advised the owner of Prime Logistics Wrocław, Brookfield Properties.

According to the latest report by Newmark Polska, the Polish warehouse and industrial market saw less than 1 million sqm transacted in the first quarter of 2024. At the end of March, the development pipeline stood at more than 2.3 million sqm while vacant stock in standing buildings experienced another rise. An increase in both developers’ and tenants’ activity is, however, expected to be spurred by long-awaited cuts to interest rates.