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CTP Expands Gdańsk Port Logistics Park
CTP has acquired 14 hectares of land in the Pomeranian Investment Centre near Gdańsk’s port. The purchase will expand the CTPark Gdańsk Port, adding new production and logistics buildings, including smaller rental units tailored for small and medium-sized enterprises. This expansion builds on CTP’s existing investment in the area, which has already seen significant commercialization and economic benefits for the region.
“These smaller formats are particularly interesting for SMEs – the largest economic sector in Poland in terms of the number of companies – as they provide the infrastructure for flexible, sustainable growth,” explains Piotr Flugel, Managing Director at CTP Poland.
Panattoni Secures Funding for Warsaw Logistics Project
Panattoni has received €17.25 million in financing from Santander Bank Polska to develop City Logistics Warsaw Airport IV. Located close to Warsaw Chopin Airport and key road networks, the project will feature over 45,000 sqm of logistics space. The first phase, a 10,000 sqm building, is already leased. The development aims to support last-mile logistics and is designed to achieve a high environmental certification.
“City Logistics Warsaw Airport IV benefits massively from its location, being 5 km from Warsaw’s Chopin Airport while also being close to the centre of Warsaw as well as major road junctions and routes such as the S2 and the S7”, says Emilia Taczewska-Trojańska, the Head of Debt Finance at Panattoni.”
Vastint Latvia Moves Forward with Magdelēnas Kvartāls Development
Vastint Latvia has received building permits for the next phases of Magdelēnas kvartāls in Riga. The fourth phase will add nearly 9,000 sqm of office space and 2,000 sqm of commercial space, while the fifth phase will include 100 rental apartments and additional commercial areas. The project focuses on creating a modern, sustainable living and working environment, incorporating energy-efficient features and preserving the historical character of Riga’s Quiet Centre. Construction is ongoing, with completion expected by the end of 2025.
“To reduce their CO2 footprint and ensure the comfort of building users, the projects will use mechanical ventilation with heat recovery, individual heating systems, and other modern energy efficiency solutions,” explains Mārcis Jankaitis, project manager at Vastint Latvia.
