Join Craig Smith and Winston Norman on the Coffee with Craig Show for your daily dose of CRE news in the CEE region, brought to you by EuropaProperty.com.
GAP Returns to Poland After 10 Years at Designer Outlet Warszawa
GAP is back in Poland after a decade, with an outlet store at Designer Outlet Warszawa. This is GAP’s third outlet in Central Europe, joining its other stores in the Czech Republic, Slovakia, and Hungary. “The addition of such a well-known and beloved brand to our offer is another step towards the development of an excellent brand line-up, which answers to an increasing demand from younger customers. At the same time, this is another high-profile market debut that has taken place right here in our centre,” says Katarzyna Ciemińska Centre Manager at Designer Outlet Warszawa, managed by ROS Retail Outlet Shopping.
Panattoni Completes Kraków Logistics Park with New Tenant
Panattoni has fully leased its City Logistics Kraków Airport II project. The latest tenant, an international FMCG company, will occupy 20,050 sq m. Located near Kraków Airport and the A4 motorway, the park features modern, eco-friendly designs. The first tenant, Allegro, is already using the space for its parcel sorting operations. The development is expected to receive top BREEAM certification for sustainability.
Filip Noworól, Senior Leasing Manager at Panattoni, says “The neighbourhood of the extended cargo terminal and the superb connections make this the ideal location for a fast-growing firm.”
TAS Expands Warehouse Space Near Warsaw
Polish logistics operator TAS Logistyka has expanded its warehouse space at CTPark Warsaw South by 67%, now occupying 25,000 sqm. The expansion comes in response to increased demand from clients in the electronics and household goods sectors. TAS aims to improve efficiency and attract more customers with the additional space. CTP continues to expand across Poland, with 16 logistics and production parks in various stages of development. Tomasz Frączkiewicz, President of TAS Logistyka says: “In addition, the increase in storage space enables us to increase operational efficiency, improve organisation and, ultimately, optimise our warehouse processes – a significant contributor to increasing our competitiveness in the logistics services sector.”