Real estate Warehouse & logistics
21:53 25 November 2021
Post by: WBJ

Almost 40,000 sqm in the P3 Błonie park for companies representing the home furnishing sector

Almost 40,000 sqm in the P3 Błonie park for companies representing the home furnishing sector
Source: P3 Logistic Parks

P3, a long-term investor, and developer of European warehouse facilities has started the construction of the second part of warehouse number 17 in the P3 Błonie park, with an area of over 21,383 m2. It will be occupied by Homla, which is a brand offering home furnishing products both in stationery shops and online. At the same time, the developer is finalizing the construction of the first phase of the same building, with an area of 17,600 m2, to be soon occupied by one of the largest online shops which offer bathroom furnishings in Poland, namely 123 Łazienka.

“Statistics show that in 2019, revenues in the home decor segment in Poland amounted to around $535 million, and the market value is expected to almost double by 2024. These increases are many times higher than elsewhere in Europe, proving that it is a very dynamically developing market segment, which is further supported by the development of e-commerce,” Zbigniew Smyczyński, Senior Leasing Manager at P3 Logistic Parks in Poland, said.

The general contractor of the facility, whose completion is scheduled for the first quarter of 2022, is Kajima Poland.

(WBJ)


p3
zbigniew smyczyński
błonie
homla
kajima poland

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