Center stage
Europolis has begun operation at the first warehouse of the Poland Central Logistics Park. The complex is situated on a 120-ha plot just outside of Piotrków Trybunalski, 47 km south of Łód. It's also close to the A1 expressway which connects Warsaw (137 km southwest) with Katowice and the rest of the Silesia region. According to Europolis executives, the location forms a natural logistics hub for Poland and the greater region as the road network also connects the Baltic region (Gdańsk, Kaliningrad) with the Czech Republic, Slovakia, Austria and Hungary in the south.
Bartłomiej Hofman, managing director of Europolis Real Estate Asset Management, expressed confidence that the investment is already proving sucessful. "Due to its expansion opportunities, quality in design and construction, along with the support of the strong local labor market and pro-active approach of local authorities, Poland Central will become the biggest project in the region," he added.
The completed warehouse offers a total floor area of 43,000 sqm, a quarter of which has already been leased by Rossmann Polska. The drugstore retailer will lease 10,000 sqm of storage space and 340 sqm of office space.
Europolis has already applied for a building permit to start construction of two more buildings of 55,000 sqm and 33,000 sqm, respectively, and hopes to begin construction by the end of this year. The investment, managed by Europolis' EBRD and Investkredit's E2 fund, is valued at an estimated E172 (zł.648) million.
Upon completion in 2014, the entire complex will comprise up to 20 warehouses.
