Coffee with Craig Show – daily CRE news covering the CEE region, Tuesday, November 22 with Winston Norman, Editor and Chief of EuropaProperty.com.
Ghelamco’s first photovoltaic farms are ready
Ghelamco has completed the construction of its first three photovoltaic farms as a part of a program to achieve energy neutrality announced in May this year. Production of clean electricity will soon begin on them. This landmark project is in line with the developer’s ESG strategy and responds to the energy crisis in Europe.
Photovoltaic farms with a capacity of nearly 3 MW have been built in three locations in the Opole province. Ghelamco is aiming first and foremost to meet the energy demand for the Warsaw UNIT skyscraper. With the use of clean energy, CO2 emissions throughout the building’s lifecycle will be reduced by more than 50 percent, and in terms of consumption of utilities by as much as 70 percent.
“Proprietary photovoltaic farms are one of the key elements of our ESG strategy, along with a range of solutions such as smart energy management systems, the Signal OS platform for tenants, and the use of low-carbon building materials. This will help us meet our goal of achieving energy neutrality by 2025,” says Jarosław Zagórski, Commercial and Business Development Director, Ghelamco Poland.
Over 90 percent of Lixa C is now leased
The Polish branch of Hoogwegt Group signed a 7-year lease for its new headquarters at Yareal’s LIXA office complex in Warsaw. Hoogwegt will occupy around 1,000 sqm of office space on the first floor of recently completed office building C, 90 percent of which has now been leased. Hoogwegt will move into the complex in the spring of next year.
The LIXA complex is being built in stages in Warsaw’s Wola district. Once complete, LIXA will form a complex of five buildings with a total area of 77,000 sqm.
“At Hoogwegt, we are on a mission for constant innovation to provide our customers with better products and improved services. Our Polish branch – which was founded 30 years ago – plays an important role in our international business, and as such, we needed a new, representative office in the heart of Warsaw’s business district,” said Maciej Kędzierski, President of the Board of Directors at Hoogwegt Poland.
“So far, we have delivered 48,000 sqm of superbly designed, flexible office space within the LIXA project. We are pleased to welcome another established global player among our tenants,” commented Marta Zawadzka, Leasing Director, Yareal Polska.
Logicor delivers warehouse near Bucharest
Logicor has completed the development of around 21,200 sqm of prime warehouse space in Logicor Bucharest II, in the northeast region outside Bucharest. The space has already reached an 85 percent occupancy rate and has attracted a mix of tenants from the retail, logistics, medical and agribusiness sectors.
“With the current demand for quality logistics property continuing to outpace supply, we are looking forward to delivering the additional 25,000 sqm of space in 2023,” said Mihai Diaconescu, Asset Management Director for Logicor Romania.
Currently, Logicor Romania’s portfolio exceeds 260,000 sqm of A-class warehouse space of which 82,225 sqm were developed and delivered over the past 18 months. Logicor’s owned land zoned for logistics allows for the development of more than 400,000 sqm in key economic hubs around the country.
Venipak moves into Rumbula Logistics Park in Riga
Industrial real estate developer and manager Sirin Development signed an agreement with the parcel delivery company Venipak Latvia SIA on the lease of 4,100 sqm of warehouse space at the Rumbula Logistics Park in Riga. With the new tenant, the second warehouse at Rumbula park is now 100 percent occupied.
The Rumbula Logistics Park sits on 16.2 hectares of land. Of the project’s three stages, two A+ class modern energy-efficient warehouses are already operational. Next year a third warehouse will be built, bringing the facility’s total leasable area to over 80,000 sqm.
“In September, we started the third phase of development of the Rumbula park, which will provide future growth opportunities for existing clients and allow us to offer flexible solutions for new ones,” says Laurynas Kuzavas, the CEO of Sirin Development.
“In the logistics business, a convenient warehouse location is extremely important, and we also took note of the building’s modernity and compliance with sustainability criteria. We are pleased how this logistics park has fully met our expectations,” says Justas Šablinskas, the CEO of the international parcel company Venipak.
