European Logistics Investment starts its latest project in the Kraków region

European Logistics Investment continues to expand its portfolio by investments located in the most attractive logistics regions. Kraków V is the newest addition and ELI’s third project in this region. The logistics centre located in Skawina near the Kraków ring-road will be developed together with its partner Panattoni – a market-leading European logistic developer. Upon delivery that is targeted for the Q2 2021, Kraków V will provide a total GLA of 18,300 sqm, including 16,600 sqm of warehouse and 1,700 sqm of office space, 121 private car, ESFR sprinkler system, 24 dock levellers and 24/7 security.

3,600 sqm in the new facility, including 3,300 sqm of warehouse and 300 sqm of office space, has been leased to RTV Euro AGD – a leading omnichannel retailer in Poland and owner of 305 stores located in 195 Polish cities and an online store with modern home
appliances and consumer electronics. The remaining space is planned as small business units (SBUs) and can serve multiple purposes of logistics segments, such as last-mile logistics, parcel distribution centres, fast 1h deliveries and fresh logistics.

The location is very well connected to the A4 (Germany/Wrocław/Silesia) motorway through a 5-minute drive on the Kraków ring-road. It has also convenient access to three international airports (Kraków, Katowice, Rzeszów).

The newest investment in Kraków district will help strengthen ELI’s position on the warehouse market in the region. We can see great potential for modern logistics here, particularly considering the relatively low saturation of this region in warehouse space. That is why it is ELI’s third investment in this location and definitely not the last one, says Łukasz Toczek, Senior Vice President Investments at Griffin Real Estate responsible for ELI platform development.

Portfolio of European Logistics Investment comprises 19 logistics parks with a total lease area of over six hundred thousand sqm located in the most important logistics regions in Poland, including Warsaw, Łódź, Kraków, Wrocław and Upper Silesia. The company plans further growth of the portfolio over the next years, to become the leading Polish logistics platform. ELI’s strategic partner is Panattoni, the European leader in industrial real estate.