P3 buys urban plot in Katowice with Europe-wide potential

P3, a long-term investor and developer of high-quality European warehouse facilities, has finalised the purchase of its third plot in southern Poland. At the same time, the acquisition is P3’s first investment in Upper Silesia, the second-largest warehouse market in the country.

Bartłomiej Hofman, Managing Director of P3 Logistic Parks in Poland says: “Upper Silesia has long been part of our investment plans. We want to develop there because of the region’s high economic potential. Therefore, we are all the more pleased that despite the limited availability of land in Katowice, we have managed to acquire an attractive urban plot. It is a brownfield site which perfectly fits our strategy of sustainable development and of geographically diversifying our land bank. An additional advantage of this plot, which will undoubtedly accelerate the entire investment process, is the fact a building permit has already been obtained.”

The plot is just under 5 hectares in size and will be built over with a facility of 22,598 sqm, of which 20,332 sqm will be occupied by a warehouse and the remainder by offices. The building will be certified according to the BREEAM system at the “Excellent” level.

This new P3 investment is in a perfect location in the eastern part of Katowice, on Lwowska street, at the exit of the national road 79 and near the A4 motorway. The close proximity of Katowice Szopienice Południowe railway station and many bus routes will ensure fast and comfortable access to other parts of the city — including the centre — and to the whole Katowice metropolis. This is going to be an advantage for P3’s tenants, especially those who need a convenient urban location with easy access to Katowice’s 300,000 inhabitants, who are likely to work at the site.

Karolina Adamczak, Senior Development Manager P3 Logistics Parks in Poland says: “The plot has a key location both from the macro perspective of the Polish warehouse market and also from a micro perspective, in terms of the Upper Silesia region. Thanks to well-developed transport infrastructure, our investment will be able to serve a huge local market, including other regions in Poland, as well as western and wider Central and Eastern Europe.”