PHN Group and Hillwood to build a logistics park in Zgorzelec

PHN Group and Hillwood have signed a joint venture agreement for the development of a logistics park. In Zgorzelec – a border town in the Lower Silesian Voivodeship, the construction of approximately 220,000 sqm of modern warehouse space and supplementary office space is planned.

The park will be distinguished by its excellent location – right next to the A4 motorway exit, two kilometers from the Polish-German border. The logistics park will be adapted to the needs of future tenants. Construction of the project should begin after obtaining the necessary administrative decisions, including, among others, the consent of the Office of Competition and Consumer Protection for the creation of a joint venture.

The logistics park in Zgorzelec is yet another joint project between PHN and Hillwood.  As part of previous cooperation, also in a joint venture formula, warehouse projects were completed in Parzniew with an area of approx. 50,000 sqm and in Świebodzin with an area of approx. 10,000 sqm.

"For several years, PHN Group has been consistently operating in the logistics sector. We have attractive land with logistics potential located throughout Poland. Bearing in mind our fruitful cooperation to date, we have decided to once again combine our knowledge and experience with Hillwood to implement the logistics park in Zgorzelec. Signing the JV agreement is the first step in the investment process and we hope that future tenants will appreciate its potential and attractive location." – said Piotr Przednowek, Member of the Management Board for Development at Polski Holding Nieruchomości S.A.

"Lower Silesia is one of the most important markets on the warehouse map of Poland. Companies from the e-commerce and logistics sectors handling deliveries are developing in the region – not only domestic, but also for Western markets." – says Hubert Michalak, President of the Management Board of Hillwood Polska. – "This is also one of the most important locations for Hillwood, where we are constantly expanding our portfolio. I am convinced that thanks to the excellent location of the planned park, close to the border with Germany, and by combining the strengths and experience of Hillwood with PHN Group, we will create excellent conditions for the development of our clients' businesses." – he adds.

photo: Warehouse complex completed by PHN Group and Hillwood in Parzniew, source PHN