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Panattoni builds 90,000 sqm in Poznań

Panattoni Panattoni Europe, industrial real estate leader in Europe, keeps going strong in Greater Poland. On the outskirts of Poznań, the developer is building 90,000 sqm of space across three parks – in Jaryszki (Panattoni Park Poznań VII), Komorniki (Panattoni Park Poznań IV), and Swadzim (Panattoni Park Poznań IX), with 200,000 sqm more planned.

Prologis Develops Two BTS Facilities in Wrocław

Prologis, Inc., the global leader in logistics real estate, announced today that it has begun construction of two build-to-suit (BTS) facilities totaling 40,000 square meters in Prologis Park Wrocław IV. The developments comprise: 20,300 square meters for Jotul Polska, a new subsidiary of Norwegian company Jøtul AS, one of the world’s oldest manufacturers of stoves and fireplaces. The building’s above-average depth of over 130 meters will optimize the processes and layout of the production line for assembling, painting and enameling of fireplaces. In addition to the singular layout, the building will feature compressors, a special ventilation system and additional lighting. Completion of the project is scheduled for the fourth quarter of 2019. The transaction was facilitated by CBRE. 18,300 square meters for long-term Prologis customer Yusen Logistics, a global logistics company offering complete end-to-end supply chain solutions. Their scope covers all modes of transportation, including international freight forwarding, warehousing, origin cargo management, project cargo and tailored supply chain solution development and management.The building is specifically designed to accommodate the customer’s processes, especially in terms of effective use of space for racking which has been completely optimised for their operation. Improvements include: above-average building depth of over 130 meters; additional lighting in the loading area; LED lighting throughout the entire building; a battery room and shelter for pallets; as well as a truck weighbridge. Completion of the project is scheduled for the third quarter of 2019. JLL brokered the lease expansion. “When moving our site from Scandinavia, we were seeking not just a developer, but a reliable partner for our project. Prologis’ team and individual professional approach, their openness and reliability, as well as the park’s quality and location, convinced us that this was the best choice,” says Lars Tore Heggem COO, Jøtul AS. “Our long-term relationship with Prologis is based on a strong partnership and close cooperation. Since 2007, we have been successfully growing our business at Prologis Park Wroclaw IV and our decision to further develop our operations at this park was a natural move,” says Marek Więckowicz, Managing Director, Yusen Logistics. “Prologis Park Wrocław IV is conveniently located near the downtown area of Lower Silesia’s capital, within comfortable commuting distance from the town, and at the same time offers good access to a well-educated workforce, which is one of the most crucial factors for companies nowadays. Therefore, our park enjoys a perfect location for the first Central European investment for Jotul and an ideal place for the business expansion of Yusen Logistics. We wish both customers success in their further business development in our park in Wrocław,” says Magdalena Kostjan, leasing manager, Prologis Poland.  Like all the other Prologis facilities, the new buildings will be equipped with online solutions that support the management and servicing of the property. These include smart metering system which will allow the customers to remotely access and monitor all utility meters in the buildings. Prologis Park Wrocław IV is located in Kąty Wrocławskie, 35 kilometers from downtown Wrocławand 13 kilometers from the Bielany junction. Wrocław’s western ring road also passes by the distribution center. Upon completion of the two developments, the park – consisting of three buildings totaling 50,000 square meters – will be fully developed.  With a portfolio of 1.85 million square meters of logistics and industrial space, Prologis is a leading provider of distribution facilities in Poland (as of 31 March 2019).     Source: Prologis

Which countries invest in Lublin and in which industries they are strong?

In recent years Lublin enjoys an increased interest of foreign investors, in particular those representing city's priority sectors, including business services, biotechnology, machinery and automotive.

HINES ADVISES MIRAE ON THEIR EXPANDING REAL ESTATE PORTFOLIO IN POLAND

Hines, the international real estate firm, announced today that it has advised Mirae Asset Global Investments (“MAGI”) – a Seoul-based investment manager that offers comprehensive investment services – on acquiring two logistic centres near Wrocław and Konin, with the total area of 163,135 square meters. MAGI acquired them from Blackstone by purchasing shares in special purpose vehicles which owned the investment and appointed Hines as the local asset manager of the portfolio throughout the investment horizon.

Carrefour and Panattoni for the second time – more than 63,600 sqm in Central Poland

Panattoni Europe, market leader in industrial real estate in Europe, has laid the cornerstone for the largest logistics centre of Carrefour Poland in the country. It is going to be a BTS facility featuring in excess of 63,600 sqm. The project will be delivered in Central Poland in Rawa Mazowiecka. Completion of construction works is anticipated towards the end of 2019.

New warehouse in the Port of Gdynia soon to be open

A modern high bay warehouse no. 1, newly built at a good pace, is the first element of the Logistics Center in the West Port of Gdynia. It is one of four of this type planned warehouses in this region of the Port of Gdynia. As part of the investment, with a gross value of PLN 53 million, the warehouse an area of ​​approximately 11,000 sq m is built along with technical and road infrastructure. It is 10,5 m high and is designed for storing highly processed groupage goods in packaging. The logistics services provided there will include storage, reception, picking, packaging and dispatching of stocks in the cross-docking system.The building is divided into four storage compartments. It is adapted to the dimensions of the pallet frame racks and the width of a work aisle for transportable equipment – fork- lift trucks with retractable masts. The roof structure of the building has been additionally strengthened over the whole surface of the photovoltaic installation. However, the technical part is located outside the warehouse space in the form of a single-storey building with an independent access. The new warehouse will be fully monitored, inside and outside. Efficient and effective construction works indicate finishing constructions by the end of September 2019. At the moment, the investment is carried out in 85%. All construction works have been completed, installation and finishing works as well as assembly of windows and doors are almost finished. The construction of concrete surface of maneuvering yards as well as network works, storm water and sanitary sewage system as well as power grid are also in progress. - Construction of the warehouse on the Logistyczna atreet is the next step to creating a new quality of provided services at the Port of Gdynia Logistics Center - emphasizes Grzegorz Dyrmo, Vice President of the Managing Board Port of Gdynia Authorities S.Aa - such investments will make Port of Gdynia a great logistic partner for contractors from Poland as well and from all over Europe in the 21st century. There will also be a significant increase in the storage space at the Port of Gdynia - now our resources total over 190,000 square metres.     Source: Port Gdynia

ROHLIG SUUS Logistics opens up at Panattoni Park Wrocław IX

Panattoni Europe, market leader in industrial real estate in Europe, announces the opening of a new logistics centre of ROHLIG SUUS Logistics at Panattoni Park Wrocław IX. The company has leased 15,000 sqm of space, taken up notably by a modern cross-docking terminal. The official opening of the project took place on 13 June 2019.

7R to enter Poznań

7R enters a new market with 7R Park Poznań East only 15 km away from the centre of the Greater Poland capital city. This project is being delivered as a joint venture with Liebrecht & wooD.
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