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Articles - warehouse market

Aareal Bank to enhance MLP Group's financial stability

MLP Group has established a relationship with the German banking institution Aareal Bank AG, whereby the latter has committed funds of over €63.5 million. The borrowed funds will be applied to refinance the MLP Poznań West project and to finance new investment projects undertaken by the MLP Group.

Panattoni builds BTS centre near Warsaw for ORBICO Supply

Panattoni is developing a distribution center for ORBICO Supply – a logistics operator from the Orbico Polska group, responsible for the distribution of over 50 global brands. On completion, the BTS center in Teresin will have an area of 38,000 sqm.

MLP Group places €29 million worth of bonds

MLP Group has successfully placed €29 million worth of bonds with 36 investors in a public offering intended for qualified buyers. The transaction was arranged and conducted by mBank. The Warsaw office of global law firm Taylor Wessing provided legal advice to MLP Group, and mBank was advised by CMS Cameron McKenna Nabarro Olswang.

MLP Group to scale up speculative development projects in Poland

MLP Group is starting speculative construction of around 75,000 sqm of space in total at its three logistics parks. The space will be delivered as soon as later this year and early next year. All the projects will be BREEAM certified.

SUUS strengthens its position in the West Pomeranian region and opens a new cross-dock warehouse in Koszalin

Rohlig SUUS Logistics, Poland's largest logistics operator, is opening a new cross-dock warehouse in Koszalin and significantly increasing its existing operational capacity. The company also relies on pro-environmental solutions in the new branch. This is another recent investment by SUUS in the West Pomeranian region. The logistics operator also recently opened a new facility in Szczecin.

Panattoni sells BTS in Uniejów to LCN Capital Partners

Panattoni has finalized the sale of a 33,000 sqm logistics centre in Uniejów, developed on a build-to-suit (BTS) basis. LCN Capital Partners has acquired its fourth facility within the K-Flex manufacturing campus from Panattoni. The price has not been disclosed.

Poland leads the EU warehouse market in terms of supply

According to a report by Newmark Polska, development activity across the EU continued unabated, with more than 20 million sqm of modern warehouse and industrial space coming onto the market in 2022. Poland topped the league table with close to 4.4 million sqm. Germany and the Czech Republic also reported high supply levels: over 2 million sqm and 1.1 million sqm, respectively. Poland is also on the podium in terms of demand.

7R completes expansion of warehouse park near Kielce

7R completed the expansion of 7R Park Kielce halls. The current tenant, myBOX Logistics, leased additional space and will thus occupy over 30 800 sqm in the project.

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