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Articles - Cushman & Wakefield

LOGISTIC PARK TYCHY SIGNS UP A TENANT FOR 10 YEARS

Aweco Polska Appliance has leased nearly 13,000 sq m of additional production and office space on behalf of its parent company SANHUA under a new contract at a logistics park Logistic Park Tychy. Global real estate services firm Cushman & Wakefield was responsible for negotiations with the tenant on behalf of an investment fund Deka Immobilien. Aweco Polska Appliance has been manufacturing system components for home appliance, air-conditioning, and automotive industries in Poland since 2006. Its clients include such brands as Miele, BSH, Electrolux, Philips, Whirlpool, Lear, Tesla, Jaguar, BMW, VW, and Volvo. Every second car, air conditioner or home appliance in the world contain components produced by SANHUA (the parent company of AWECO Polska). The additional space at Logistic Park Tychy will be used to develop a new business line for the automotive industry. The tenant’s total footprint at the industrial park will rise to more than 31,000 sq m. Deka Immobilien is a real estate investor and manager in 25 countries across five continents. Its Polish portfolio comprises, among other things, Logistic Park Tychy, a modern industrial park with a total area of more than 90,000 sq m located at the junction of national roads 44 and 1.   Source: Cushman & Wakefield

A sports equipment manufacturer signs up at Gate One Business Park

Johnson Health Tech has signed a 1,500 sq m plus lease at Gate One Business Park, a warehouse and office complex in Warsaw. Panattoni Europe conducted negotiations on behalf of the property owner while Urszula Rasmussen from global real estate services firm Cushman & Wakefield represented the tenant. Johnson Health Tech is a leading fitness equipment manufacturer and the world’s fastest-growing fitness brand. Its Matrix products are known for innovative technology, unique design and top quality. The brand has been active on the global market since 1975 with manufacturing facilities in Shanghai and Taiwan, and R&D centres in North America. It has received a number of international awards, including two prestigious Taiwan Excellence Awards for innovation. Johnson Health Tech has been present in Poland since 2013, offering comprehensive services from project planning through to purchase and financing support, and professional post-sale services. Gate One Business Park is a modern A-class warehouse and office facility offering a total of 19,100 sq m, including 15,620 sq m of warehouse space. It boasts superb functionality and is located approximately 7 km from downtown Warsaw and 6 km from the Frederic Chopin International Airport, close to national road no. 8/the E67 European route (Białystok-Warsaw-Wrocław) and national road no. 7/the E77 European route (Gdansk-Warsaw-Krakow). Panattoni Europe is responsible for the commercialisation and property management of Gate One Business Park.     Source: Cushman & Wakefield

Displate expands in Marki

Global real estate services firm Cushman & Wakefield has represented Displate in their 2,300 sq m plus warehouse and office lease in Hillwood Marki I near Warsaw. Displate is an e-commerce platform for artists and art lovers across the globe, giving artists an opportunity to showcase their best works of art and our customers to find ideal designs easily. Posters are printed on metal and shipped to customers worldwide. Each poster sold means a commission for the artist, a smile on the customer’s face and ten trees planted - in accordance with Displate's mission to act for environmental regeneration and restoration of the ecological balance. Hillwood Marki I is an industrial and warehouse park located approximately 15 km from the centre of Warsaw and providing 93,800 sq m. It consists of four modern buildings with LED lighting, dock doors with rubber shelters and hydraulic dock levellers, ramps and drive-in doors providing access to the warehouse floor for delivery vehicles, as well as fork-lift transport between the manoeuvring area and the building, and ample parking spaces for employees and guests. The facility is located near the S8 expressway (Wrocław – Białystok) and the A2 motorway. “Amid the growing demand for its printing services, Displate decided to expand its business in Poland. Its new, larger Class A space has been tailored to the tenant’s needs to help our client improve production capacity. Displate’s lease at Hillwood Marki I is a classic win-win transaction. The tenant will move into a modern Class A space which was one of key drivers for the choice of the new location. In addition, Hillwood Marki I is located in the immediate vicinity of the tenant’s head office,” said Renata Krzyżanowska, Senior Negotiator, Industrial and Logistics Agency, Cushman & Wakefield.     Źródło: Cushman & Wakefield

Cushman & Wakefield’s Central European Industrial Market Report: The value of industrial properties in Central Europe is growing

Both the development and take-up of industrial parks in Central Europe is continuing and slightly accelerating in comparison with last year, according to research from Cushman & Wakefield. The appetite for investing in commercial properties is also increasing, with a shortage on the supply side making buyers willing to pay more. This trend is most obvious for logistic and production facilities.
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