To sign up for Analytiqa's free weekly newsletter, please enter your details below.
Analytiqa will not share this information with third parties.
Tricity ports have already made a major contribution to the boom in eCommerce
Globalway, a supplier of (among others) toys, furniture, sports accessories and interior furnishings produced in China, has decided to lease the whole of Panattoni Park Tricity East IV. This has been made possible thanks to the close cooperation of the developer with the Polish Investment and Trade Agency (PAIH), which is supporting the project by providing investment incentives for Globalway. The 52,000 m2 complex is to be built in the eastern part of Gdansk, where the tenant will be ready to move in as soon as Q1, 2021.
The Tricity ports have already made a major contribution to the boom in eCommerce and the warehouse market in Poland. In 2019, the Port of Gdynia handled 24 million tonnes of goods, while the Port of Gdansk handled a record 52 million tonnes, one of the largest volumes of any Baltic port. Thanks to this, the economy and the warehouse market have been going from strength-to-strength in Pomerania, which, as the sixth largest warehousing region in the country, could soon exceed 1.0 million m2 of modern warehouse space.
Globalway (part of the Costway group) is one of the largest suppliers of products from the Far East and China, operating in more than 150 countries. Its strategic partners include the likes of Walmart, Amazon, eBay, Wish and Home Depot. When the Company started its activities in Poland, its first partner was Panattoni, from which the Company leased 3,500 m2 in the developer’s first Gdansk project – Panattoni Park Gdansk I. Over time, it has gradually expanded its premises and has now decided to lease 52,000 m2 at Panattoni Park Tricity East IV. This was originally to be a three-building complex, but now the plans have been modified so that just one facility is to be built – exclusively for Globalway.
The development of this latest distribution centre, which will serve both Poland and Europe, has been made possible thanks to the close cooperation between Panattoni and the Polish Investment and Trade Agency (PAIH). By joining forces, a wide range of investment incentives have been made available for Globalway in the form of tax breaks and government support for setting up operations. The project has been granted Polish Investment Zone status, based on a decision supporting this by the Pomeranian Special Economic Zone Sp z o.o.
Construction work on the warehouse and distribution centre for Globalway will start in the third quarter of the year. The facility is to be BREEAM certified at the ‘Very Good’ level. In line with the latest standards implemented by Panattoni, the warehouse will be given glass and aluminium facades in the office section, a new colour scheme and additional greenery.