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P3 Signs New Lease Agreements

P3 has signed a lease renewal and a new lease for a total of 37,000 m2 of space, the equivalent of the surface area of almost thirty Olympic-size swimming pools, at its Piotrków distribution park in Poland with one of the country’s largest supply chain contractors, FM Logistic.

The park provides 75,000 m2of space, which is fully occupied, and is located in Piotrków Trybunalski, at the junction of Poland´s A1 motorway with the E75 and E67 major highways, giving it direct road links to Warsaw, Wroclaw and Katowice. It comprises a 120 hectare plot, offering scope for the development of 430,000 m2 of additional space.

P3 acquired the Piotrków park and a site in Błonie, 30 kms south west of Warsaw, in early February. P3’s other assets in Poland are at Mszczonów and the rapidly growing logistics hub at Gądki, near Poznań.

The family-owned logistics company headquartered near Strasbourg, France, has agreed to lease 4,911 sqm of warehouses and offices in addition to renewing its contract for the 32,088 sqm that it currently occupies at P3’s Piotrków park, South East of Lodz in central Poland. FM Logistic, which is also a tenant at P3’s Mszczonów logistics park near Warsaw, is increasing its footprint at Piotrków to service the expansion needs of international retail chain Auchan, notably in central and southern Poland.

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