Locked content Hyundai Glovis buys Adampol

Korean logistics giant Hyundai Glovis has acquired 70 percent in Polish freight forwarding firm Adampol, Puls Biznesu reported. Adampol’s founder, Adam Byglewski, had been looking for an investor for a long time. Despite that, negotiations with the Korean took more than a year, partly due to the Ukr...

Locked content Amazon opens two of its Polish logistics centers

US e-commerce giant Amazon has officially opened two of its planned three fulfillment centers in Poland, the Polish Information and Foreign Investment Agency said in an announcement on Wednesday. The center in Bielany Wrocławskie near Wrocław was launched on October 28 and another one in Sady near P...

Locked content MLP Group building 120,800 sqm of logistics space

Warehousing developer MLP Group said on Monday that it would build a total of 120,800 sqm of space for retail networks belonging to the Czerwona Torebka capital group. MLP Group is building warehouses for Merlin.pl, Małpka Express and Dyskont Czerwona Torebka.  The facilities are due to be completed...

Locked content BKK leases more space in Gdańsk logistics park

BKK, formerly LPP Tex, has signed a contract to extend its leased area fourfold in the Logistics Park Gdańsk-Kowale III, the facility’s operator 7R Logistic said in a press release on Tuesday. BKK has now leased an additional 20,700 sqm. The company has been present at Gdańsk-Kowale III for the past...

Locked content Distribution Park Annopol expanded

Property investor and developer Hines Polska has announced the completion of a new warehouse at Distribution Park Annopol on ul. Daniszewska in Warsaw’s Białołęka district. The new unit adds 6,440 sqm of warehouse and 699 sqm of  office space. The facility’s main tenant is courier services company D...

Trend or hype

No one doubts that the warehouse segment is where the money is right now. With record high pipeline and investment deal volume outstripping office and retail, the sector continues to attract attention. Tenant demand is also nearing pre-crisis levels. Is the growth trend sustainable, though, or has i...

Locked content Prologis buys CEE logistics portfolio

Industrial property investor Prologis has acquired a 230,000 sqm logistics portfolio that includes 23 properties in Poland, the Czech Republic and Slovakia, the company said in a press release on Tuesday. Prologis bought 17 properties with a total of 163,000 sqm in the Czech Republic, four facilitie...

Locked content Panattoni boosts CEE investment plans

Logistics property developer Panattoni Europe has added another €150 million to its €200 million investment program, the company said in a press release on Tuesday. The additional funds are earmarked for the development of new facilities in Poland, the Czech Republic, Slovakia, and for selected proj...

Locked content UPS to build logistics units in Poland

UPS, one of the biggest logistics companies on the global market will invest into two new undertakings in Poland, Dziennik Gazeta Prawna reported on Thursday. A transshipment center will be located in Stryków and a global business support center (GBS) in Łódź, both in central Poland. The Stryków cen...