GLP expands portfolio near Warsaw with two warehouses in Janki
GLP has purchased a 37.6 thousand sqm warehouse center in Janki, near Warsaw. The park consists of two buildings and is fully leased by large companies in the transportation and shipping industry, as well as those involved in importing food products.
The buildings purchased by GLP are located minutes from the intersection of the S7 and S8 expressways. This is a popular location for big-box warehouses, whose tenants require easy access to the Warsaw market, as well as major centers in central and southern Poland.
The purchased properties now operate under the name GLP Warsaw VII Logistics Centre. GLP will work with their tenants to introduce additional solutions in the sustainability stream and raise the BREEAM certification level for the benefit of current and future users.
In Poland, GLP currently owns and manages a portfolio of logistics projects totaling 1.5 million sqm. Buildings totaling 283,000 sqm are in the pipeline.
Marek Jandous, Investments and Asset Management Director CEE at GLP Europe comments: "This is another acquisition that strengthens GLP's presence and expertise in key markets in Central Europe. With this transaction, we already manage six completed and fully leased logistics parks in the Warsaw area. We also have another project in the pipeline."
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