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Latest news
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news
70% of the 25,000 sqm building at City Point Targówek already pre-leased
The joint venture between Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, and Peakside Capital Advisors an operating partner in investment and asset management in the European logistics sector, has secured rental agreements for more than 16,000 sqm of space at City Point Targówek. Companies across various industries have pre-leased more than 70% of the space in the C2 building, the first multi-let building of the phased re-development, with scheduled completion by the end of the year.
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Partners Group and Peakside JV starts construction of the next phase at City Point Targówek
The joint venture between Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, and Peakside Capital Advisors, an operating partner in investment and asset management in the European logistics sector, has launched the construction of the C2 facility at City Point Targówek. The light industrial building will offer 25,000 sqm of space with units starting from 1,000 sqm. Depenbrock Poland is the general contractor for the project.
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Partners Group and Peakside JV completes the first building of City Point Targówek for DPD Polska
The JV between Partners Group and Peakside Capital Advisors has completed the construction of the first warehouse facility in City Point Targówek. The 7,000 sqm building is fully leased to DPD Polska and is part of a park which will provide nearly 100,000 sqm of modern and sustainable last-mile logistics space in a prime industrial location in Warsaw.
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Peakside certifies property portfolio in the BREEAM system
Peakside Capital Advisors, a developer and asset manager of warehouse properties, has achieved two BREEAM IN-USE certifications at the "Very Good" level for over 50,000 square meters of warehouse-office space at Logistics Point Raszyn and Logistics Point Piaseczno. The attained rating results from the successful modernization of fully commercialized logistic centers near Warsaw. The quality enhancement initiatives are in accordance with Peakside's business strategy - Value Add.
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Cornerstone laid for City Point Targówek
Peakside Capital Advisors has started construction of the largest logistics park in Warsaw. It will provide 100,000 sqm of modern and sustainable warehouse space in a prime location near the city centre. The warehouse park will seek top LEED and BREEM certification ratings, and it will also pursue WELL certification, which has never been awarded in this market segment before.
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Peakside Capital signs up DPD Polska as the first tenant in redeveloped City Point Targówek
Peakside Capital have signed a lease with DPD Polska, a leading courier service provider, for 7,000 sqm of cross-dock space at City Point Targówek. The complex, which will offer last-mile logistics space, is now undergoing a major redevelopment. It will eventually offer close to 100,000 sqm of premium commercial space, making it the largest urban logistics scheme in the city of Warsaw. DPD Polska is expected to move into the redeveloped facility by the end of this year.
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Kajima Poland to carry out phase 1 of City Point Targówek redevelopment project
Peakside Capital Advisors has selected a general contractor for phase 1 redevelopment of the City Point Targówek urban logistics park. The contract will be executed on the EPC basis by Kajima Poland. Phase 1 demolition work is currently in progress. Ultimately City Point Targówek is to provide nearly 100,000 sq m of state-of-the-art warehouse and office space, meeting the highest standards in sustainability. Handover of the first building to tenants is expected to take place by the end of this year.
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Peakside JV raises PLN 500m from Bank Pekao
A joint venture between Partners Group and Peakside Capital Advisors has signed a portfolio loan facility agreement with Bank Pekao S.A., comprising of an investment loan and VAT loan (more than PLN 500m in total). The funds have been used to finance the acquisition of three logistics properties in and around Warsaw and the redevelopment of the City Point Targówek park.
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Launch of City Point Targówek redevelopment phase one
Demolition works are now beginning on the site of the City Point Targówek redevelopment project. The existing buildings will be removed and replaced with a modern multi-tenant logistics complex, meeting superior standards in sustainability. Once completed, the park will offer nearly 100,000 sq m of modern warehousing and office space. The first completed buildings will be delivered to tenants in the third quarter of 2023.
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Peakside and Partners Group provide a warehouse in Warsaw for Polish Red Cross to help Ukrainians
Mazovia District Branch of Polish Red Cross (PCK) has received 2,400 sqm of warehouse space. There are plans to double the size of available space. The facility has been donated for use by the Polish Red Cross to assist refugees from Ukraine.
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Partners Group and Peakside acquire 150,000 sq.m. logistics opportunity in Warsaw, Poland
- Entry into the Polish logistics market
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- Plans to refurbish and redevelop to create 150,000 sq.m. of modern space
- Demand expected from urban logistics and e-commerce occupiers