Coffee with Craig Show – daily CRE news covering the CEE region, Tuesday, September 6, with Winston Norman, Editor and Chief of EuropaProperty.com.
Panattoni Park Nadarzyn II construction begins
Panattoni has started construction of Panattoni Park Nadarzyn II. The development is being built on a site of almost 20 ha and will take up almost 100,000 sqm.
The company is to deliver two buildings that will provide a combined area of 91,000 sqm. Over half the space in the first of these is to be taken up by an international logistics firm, which will use the centre to run operations for a global leader in the interior furnishings sector. The tenant is to be granted early access to the facility from February 2023. The development is to be certified under BREEAM for a rating of ‘Excellent’.
“The strength of the Warsaw market are the numerous towns not far from the city that when combined with the possibilities provided by Warsaw itself give the region massive potential,” says Marek Dobrzycki, Managing Director of Panattoni.
Squire Patton Boggs advises affiliate of Mapletree Investments on warehouse transaction
Squire Patton Boggs in Poland advised an affiliate of Mapletree Investments on a warehouse development transaction in Krosno Odrzańskie, Poland with Hillwood Polska, the project developer. This transaction concerns the development of a warehouse facility tailored to the needs of the tenant (BTS). The law firm Clifford Chance assisted the developer.
Volcano moves its warehouse to Fortress Logistics Park Bydgoszcz
Volcano, a fashion brand of the Polish clothing company VCO, will move its warehouse operations to Fortress Logistics Park Bydgoszcz, where it has leased 2,100 sqm. The tenant was represented during the negotiation process by Newmark Polska.
The portfolio of VCO S.A. comprises two brands: Volcano and Patrol. Volcano offers casual women’s and men’s clothing designed in an environmentally friendly and sustainable manner.
“Volcano required a modern high-bay warehouse close to its Bydgoszcz office. This is why we proposed warehouse space in Fortress Logistics Park Bydgoszcz,” says Miłosz Borkowski, Senior Associate, Industrial and Warehouse Department, Newmark Polska.
The first CityFit blue opens in Galeria Zielona
The Polish chain of 24-hour fitness clubs has opened the first of its gyms in the CityFit Blue format. The showroom of the new business model, also available as a franchise, is located in Galeria Zielona in Puławy. This is the first facility of its kind in the city.
“The concept created in Puławy is a new club format – one with a smaller footprint, optimized for localities of a slightly different demographic structure. It is also an example of an offer for those interested in franchising with our network and opening a club under the CityFit Blue brand,” said Łukasz Gądek, a member of CityFit’s board of directors.