MDC2 Park Łódź South consists of two distribution and logistics buildings with a planned total GLA of over 80,000 sqm. The building leased by Notino will be tailored to individual needs to enable the storage and distribution of a wide range of tenant products. MDC2 is the developer of the project. The investment is being developed in cooperation with Fortress Real Estate Investments Limited. Fortress is the owner and financing partner of the investment.
Notino is the largest perfume and cosmetics online store in Europe. It offers a selection of 100,000 products from 2,500 global and local brands. Last year alone, the company sold 100 million products. Notino plans to distribute cosmetics, perfumes, and over-the-counter drugs from this location.
“We are pleased Notino, which is very popular among Poles, has chosen our facility in Głuchów. The building is a facility whose location and technical parameters will be tailored to the tenant’s requirements. Our goal is to support Notino’s business. Both the location and the efficiency of the space give our client a guarantee of streamlined business development,” said Adrian Winiarek, Development Director at MDC2 .
Both Fortress and MDC2 implement strategies based on leading solutions for sustainable development strategies.
“For Fortress, the ESG policy is of particular importance on many levels of activity. The overarching goal is to achieve energy neutrality through investments carried out as soon as possible. MDC2 Park Łódź South is being prepared in accordance with the best environmental protection practices. A well-thought-out concept combining modern technology with ecological solutions appeals to the most demanding tenants. We are glad that Notino will take advantage of all the advantages of this place,” said Bartosz Klimek, Leasing & Asset Director, Fortress.
In MDC2 Park Łódź South, the buildings are designed for the installation of photovoltaic panels, increased wall insulation will be used, and LED lighting will be installed, as well as a rainwater retention system. The developer provides chargers for electric vehicles. 95 percent of the building materials used in the project will be recyclable. The facility is designed with 12-meter clear heights. Environmentally diverse green areas will be created across the park. An MDC2 “Rest & Move” zone will also feature, an innovative concept on the Polish market, promoting a healthy lifestyle and improving the working conditions of all users of the developer’s warehouse facilities.
Cushman & Wakefield represented the tenant in the transaction. Legal Hub Wojnarowska Ścigała Irlik was a legal advisor.
“This transaction confirms the dynamic development of the e-commerce sector in Poland. According to data from Cushman & Wakefield, in 2022 there will already be 7.35 million sqm. of warehouse space in Poland – 30.7 percent of the total supply, was intended for the e-commerce market. Taking into account the volume of space in Poland, the increase in space dedicated to online commerce has reached as much as 84 percent since the first quarter of 2019,” said Kamil Żach, Key Account Executive, Associate, Industrial & Logistics Agency, Cushman & Wakefield.