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Another Accolade for Bydgoszcz

Opr./edited TC 07 January 2020
Another Accolade for Bydgoszcz
Panattoni Park Bydgoszcz II should be completed in this half of the year

POLAND Accolade has bought a 8.4 ha plot in Bydgoszcz for the construction of its latest industrial park investment: Panattoni Park Bydgoszcz II, which will comprise around 37,000 sqm of logistics space.

Investment costs for the project, which has been scheduled for completion in H1 2020, are estimated at EUR 30 mln. The new facility will provide employment for around 200 to 300 people, depending on the profile of tenants, The plot is situated within the city limits, a few minutes’ drive from the existing Panattoni Park Bydgoszcz, which is also owned by Accolade.

“In the four years of Accolade’s activities in Bydgoszcz we have been able to closely observe how perfectly the city uses its opportunities. This is an attractive market for companies that want to expand or move their businesses into modern logistics space or take advantage of the tax benefits offered within the Pomeranian Special Economic Zone. Bydgoszcz is also a great place for global business due to its location, qualified pool of labour and industrial traditions,” insists Michał Białas, the head of Poland at Accolade.

Panattoni Park Bydgoszcz, the first industrial park in Bydgoszcz Accolade invested in, was established close to the Bydgoszcz Industrial and Technological Park (BPPT) at the beginning of 2017. It comprises more than 50,000 sqm of storage and light production space in three buildings, which are 100 pct leased to such tenants as Oponeo, Rohlig Suus Logistics, DB Schenker and Sims Lifecycle Services.

Accolade, a long-term investor in the warehouse and industrial real estate sector, currently manages a portfolio of more than 1.1 mln sqm in 30 locations of Central and Eastern Europe. In Poland, the company owns parks in Szczecin, Zielona Góra, Lublin, Kielce, Bydgoszcz, Białystok, Konin, Legnica and Mińsk Mazowiecki.

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