European Logistics Investment BV (ELI) has acquired two warehouse facilities located in Wroclaw - one of the main logistics spots in the CEE region. The company, acting together with its partner Panattoni, plans to further develop the site in order to deliver City Logistics Wrocław North totalling 45,000m² of high-quality logistics space.
An existing warehouse complex offers 9,500m² GLA and investment land of approximately 13 hectares. The park is currently 100% leased to FedEx Express, Topus andDHL. Upon completion, City Logistics Wrocław North will provide a total GLA of 45,000m², including 41,000m² of warehouse and 4,000m² of office space, 430 private car, 68 VAN and 54 truck parking spaces, ESFR sprinkler system, 70 dock levellers and 24/7 security. The project includes adding three buildings to the existing scheme and will be completed in phases.
City Logistics Wrocław North is conveniently located in the central part of Psie Pole – in the warehouse-trade cluster of Wrocław, which offers both local highly-skilled technology workforce and great connectivity within the city and the CEE region by car, plane and public transportation.
"Wroclaw’s region with its strategic location and qualified workforce has been on ELI’s radar since it started the rise towards becoming the market-leading logistics platform in Poland. With the latest trends, like the expansion of e-commerce, relocation of supply chain and logistics processes to Central Europe and growing regional supply chain market, which have been intensified during the pandemic, Wroclaw is bringing even more interest from top global investors and industry occupiers as one of the main logistics spots in the CEE region. That is why we decided to expand ELI’s diverse portfolio to include this premier logistics hub location," said Lukasz Toczek, Senior Vice President Investments at Griffin Real Estate responsible for ELI platform development.
"We are sure, that our newest development, executed together with ELI, will not only be yet another milestone in our successful cooperation but will also become one of the most sought-after logistics destinations in Central Europe," said Robert Dobrzycki, Panattoni CEO.
