Europolis and Poland Central signed joint venture for the biggest logistics park in CEE Region (PL)

Europolis recently signed a joint venture agreement with Poland Central sp.z.o.o. to realise the biggest logistics park in Central and Eastern Europe, right in the heart of Poland. The value of the investment amounts to €172 million. The investment will create employment for up to 6,000 people.

The Poland Central Logistics Park sets a new benchmark in the region. Its strategic location has already attracted international companies such as IKEA, Unilever, Ahold and Auchan. Situated some 47km south of Łódź and 137km Southwest of Warsaw, Poland Central is located close to the A1 expressway - connecting the Capital Warsaw with Katowice and the region of Śląsk. This road network interconnects to the North with Gdansk Kaliningrad in Russia and the Baltics, whilst to the South with the Czech Republic, Slovakia, Austria and Hungary thus providing a natural hub for the provision of a National strategic logistic / light production European or local Headquarters for Poland and the Region.

The logistics park is phased and will have space available for warehouse and light production of 530,000 m². It has an investment value of €172 million. This investment will create between 3,000 – 6,000 new jobs, according to studies made by the University of Łódź in 2002. The construction of the infrastructure and the first warehouse with a size of 44,000 m² will start in the middle of this year. The warehouse will be available for new tenants in December 2006.

"We are glad to become partner of this outstanding logistics project in the region. It is a perfect strategic location in Poland and the whole Europe" said Bernhard Mayer, Chairman of Europolis. "Poland Central will definitely strengthen our significant position in the industrial real estate segment in CEE. Additionally, we appreciate the stimulus that this project will have on the labour market in the surrounding region."

"Together with our strong partner I'm looking forward to realising this very ambitious project within a very short time frame in order to meet the strong demand from national as well as international clients", said David Brittain, Vice President of Poland Central sp. z.o.o.

"Poland Central is a key strategic project within the heart of Poland. We are delighted to have brought a significant partner to the Project . Poland Central now joins a portfolio of key logistics locations which Europolis have around the region." said Craig Maguire, Regional Director of DTZ Polska sp. z o.o., who led the transaction.

Source: DTZ Central and Eastern Europe BV

Related News