White Star Logistics, a new joint venture between Bain Capital Credit and White Star Real Estate, is launching two logistics centres in Poland, in the Warsaw suburbs of Nowy Konik and Raszyn.
These areas are in high demand for warehousing, light industrial uses and from the ever-growing e-commerce market. The total area of both projects will be approximately 120,000 sq m.
The location of the logistics centres will allow for effective distribution in the capital and easy access to national roads and motorways. The sites were chosen based on current market requirements, new trends such as e-commerce and last mile logistics, forecasted growth areas and tenant needs. Companies striving to improve the last leg of delivery to customers are increasingly turning to tech-driven solutions and convenient locations enabling efficient service to large urban metropolitan locations.
“The logistics services market in Poland is developing dynamically. We are observing continuing demand growth for warehouse space, which is why we decided to expand our existing operations with a new JV, White Star Logistics. We’re planning further development and future expansion in Poland including four new locations this year, and ten to twelve logistic centres over the next three years in attractive locations across the country,” says Bartosz Szewczyk, Managing Partner, Poland.