Thursday, 31 July 2014
Rico Group enters the Polish Market (PL)
Rico Logistics, part of the Rico Group, is opening its office in Poland. The logistics operator has leased nearly 1,250 m² of warehouse and office space in Warsaw Distribution Center. Cushman & Wakefield, a leading global real estate services firm, represented the tenant in this transaction.
Founded in 1988, Rico is a pan-European logistics service provider with its head office in the United Kingdom. Apart from courier services for corporate clients, it also offers a wide range of other logistics solutions, including distribution and inventory management.
Warsaw Distribution Center is a modern warehouse and office complex located in Szyszkowa Street in Warsaw. With its proximity to the Okęcie international airport and availability of warehouse modules of 380 m² plus, it is an attractive destination for small and mid-sized tenants interested in leasing warehouse space in Warsaw. The logistics park comprises five buildings totalling 35,000 m² of warehouse and office space. The scheme is owned by a fund managed by CBRE Global Investors.