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Warehouse Market News

Redefine's European logistics platform set to expand its footprint in Poland

JSE listed diversified real estate investment trust Redefine Properties (JSE: RDF) along with equity partners Madison International Realty and Griffin Real Estate in European Logistics Investment BV and in joint venture with its strategic development partner Panattoni Europe, will commence construction on a 50 000 sqm build-to-suit (BTS) manufacturing and warehouse facility for Weber-Stephen Products in Zabrze within the Upper Silesian metropolitan area in Poland. Weber is a privately held US manufacturer of charcoal, gas and electric outdoor grills and related accessories.

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MLP Group secures EUR 30m for new projects

MLP Group has issued EUR 30m worth of bonds. The issue proceeds will be used to purchase land and implement projects to construct warehouses in Poland and abroad. On February 26th, the bonds will be introduced to trading on the Catalyst market.

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Commencement of construction works at Panattoni Park Tricity South II

Panattoni, market leader in industrial real estate in Europe, kicks off the construction of Panattoni Park Tricity South II. The first 25,000 sqm out of the 70,000 sqm planned will be available in August 2020. The complex near Pruszcz Gdański will become the region’s window on the world – the proximity of the A1 motorway will make for easy access to the Czech border, railway lines will provide connections to Warsaw, Bratislava and Vienna, while the Port of Gdańsk can handle cargo coming in from places like China, USA or Singapore.

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European Port Logistics

According to new data from Savills, Rotterdam is the most attractive port in Europe for logistics investment, coming in ahead of Barcelona, Valencia, Antwerp and Hamburg. Gdańsk, the largest seaport in Poland and one of the key container terminals in the Baltic Sea, may soon become one of the most modern in Europe thanks to Central Port project planned.

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In 2019, the Polish warehouse and industrial market witnessed a record supply

In 2019, the Polish warehouse and industrial market witnessed a record supply amid an unwavering occupier demand despite the earlier fears of an economic slowdown, says real estate advisory firm Savills. Demand continues to be driven, among other factors, by e-commerce.

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Construction works get underway at Panattoni Park Gorzów Wielkopolski

Panattoni, market leader in industrial real estate in Europe, has embarked on the construction of Panattoni Park Gorzów Wielkopolski, planned to total nearly 70,000 sqm. The site is 7 km from the city centre, in the vicinity of the S3 route leading from Szczecin to the A2 motorway, and has already secured its first tenants. They are Omnipack and Logoplaste Polska, taking up in excess of 10,000 sqm in total.

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Panattoni extends City Logistics Wrocław I – stage one with 36,700 sqm taken up in full

Panattoni, market leader in industrial real estate in Europe, has fully leased out the facilities delivered in stage one of construction at City Logistics Wrocław I. The space in excess of 36,700 sqm has been taken up primarily by logistics/distribution companies. Now, the developer is embarking on the construction of new facilities, featuring 11,300 sqm and 10,900 sqm respectively. Their commissioning is planned for late Q2/early Q3 2020.

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Panattoni enters Spain and Portugal

Panattoni, market leader in industrial real estate in Europe, continues its expansion in the European market. Following the launch of the Netherlands office two months ago, another one is being opened in Spain for the Iberian market. It will be headed by Gustavo Cardozo Lupi as Managing Director.

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