Colian Logistic, a company belonging to the Colian Holding SA group, a leader on the food market, has moved to a new warehouse near Wrocław. The company has leased 7,250 sq m of warehouse and office space in Panattoni Park Wroclaw IX. AXI IMMO advised the client in the lease transaction.
The international consulting company Cushman & Wakefield represented FM Logistic in the lease transaction of over 5,000 sq m. warehouse, together with office and social space in Panattoni Park Janki III. \
FM Logistic in Central Europe is a branch of the international organizer of logistics solutions founded in 1967 in France. The company started its foreign operations in the 90s of the last century, opening its platforms in Poland, the Czech Republic and Slovakia, and then in Hungary, which currently form the joint FM Logistic Central Europe region. Currently has 19 logistics platforms, 24 transhipment warehouses and employs over 5,500 thousand employees. It has a total of over 750 thousand sqm. warehouse space and a fleet of approx. 2.5 thousand vehicles. It offers its clients services related to storage, copacking and transport of goods -
The FM Logistic decision was influenced by both the very good location of the new Panattoni investment, located at Warsaw's Southern Bypass, as well as the developer's understanding of the tenant's business needs and the resulting flexibility. The new space will be adapted to the company's requirements and will allow the development of the operator's distribution activity in the Warsaw area - comments Joanna Sinkiewicz, Partner, Director of the Industrial and Logistics Department, Cushman & Wakefield.
Panattoni Park Janki III is one of Panattoni's latest warehouse projects in and around Warsaw. The facility is located 15 km from the center of Warsaw, about 14 km from Chopin Airport and 2 km from the intersection of the S8 express road and national road No. 7. The logistics center will be put into use in the fourth quarter of 2019.
Source Cushman & Wakefield
Panattoni, market leader in industrial real estate in Europe, enters another market in the Old Continent. Starting from December 2019, the developer is launching its first office in the Netherlands – the second largest warehouse market in Europe. It will be headed by Jeroen Gerritsen as Managing Director.
Portfolio covers 47 logistics properties across Poland, Hungary, Romania, the Czech Republic and Slovakia
Global real estate services firm Cushman & Wakefield has been appointed by Logicor to manage a portfolio totalling more than 1.7 million square metres of logistics real estate across dozens of sites in Central & Eastern Europe (CEE).
Strategically located along busy trade routes in Poland, Hungary, Romania, the Czech Republic and Slovakia, the portfolio – comprising of 47 logistics parks Logicor owns and operates in CEE – will be managed by Cushman & Wakefield’s EMEA Asset Services business.
The portfolio includes 33 logistics parks (1,297,000 sq m) in Poland, located in Warsaw suburbs, Central Poland, Wrocław, Silesia, Kraków, Rzeszów and Poznań. A further eight logistics parks (175,600 sq m) are in Hungary, four properties (159,000 sq m) in Romania, one (64,120 sq m) is in the Czech Republic and one (26,000 sq m) in Slovakia.
The Logicor account will be led by Zuzanna Paciorkiewicz, Cushman & Wakefield’s Head of Operations for Asset Services Poland, who will oversee teams based in Warsaw, Budapest, Prague and Bucharest as well as those on site.
Zuzanna Paciorkiewicz, Account Lead, Head of Asset Services Poland, Cushman & Wakefield, said: “Logicor has one of the largest directly-owned networks of logistics real estate in Europe and we are proud to be entrusted with managing a significant proportion of it in the CEE region. The portfolio also takes the total amount of property that we manage in Poland to 3.2 million square metres, making us the number one property management services provider in the country by space managed.”
The portfolio adds to the approximately 30 million square metres (323 million square feet) of commercial real estate in 14 countries managed by Cushman & Wakefield’s EMEA Asset Services business which provides property management services on behalf of corporate, institutional and private clients across the region.
Tina Reuter, Co-Head of EMEA Asset Services, Cushman & Wakefield, said: “Our value-adding Asset Services platform is focused on driving operational excellence, innovation and exceptional outcomes for our investor clients. We look forward to working with Logicor to deliver active and sophisticated management on this significant cross-border logistics portfolio.”
Source: Cushman & Wakefield
Report – Warehouse market in Q3 2019, Poland: The warehouse sector in Poland has recorded another good quarter. In June to September 2019, over 830,000 sq m of modern warehouse space was rented, of which 56% constituted new lease agreements. 990,000 sq m were delivered on the market, and 1.85 million sq m remains under construction. The availability of space increased slightly to 6.2%. This trend should continue in the following quarters – states the report “Report – Warehouse market in Q3 2019, Poland” summarizing the third quarter of this year in the warehouse market prepared by AXI IMMO experts.
Commercial property investment activity exceeded €8bn across Poland, the Czech Republic, Slovakia, Hungary and Romania in the first three quarters of 2019, 54% above the five year average, according to Savills latest research report.
After Gdansk, Szczecin, Warsaw and Lodz, the time has come now for Wroclaw. This is the next city where a new 7R investment is being developed as part of expansion of its urban warehouse network. This is already the second project of the developer in this region.
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