POLAND Satoia buys 10 ha for 43k of warehousing

The site is located adjacent to an Auchan transshipment centre and close to the S8 expressway, about 16 km northeast of Piotrków Trybunalski in central Poland.

Avison Young advised the buyer, while PwC provided legal advice. The plot has been acquired along with complete documentation prepared by Kwadrat, which will manage the development process.

We believe in the potential of our business and anticipate that within a year, well-located plots with final building permits will be in high demand. We see a gap in the construction market while the demand for property rental remains high. Particularly attractive are areas where the leasing can begin within six months of the signing the agreement. We see enormous investment opportunities, especially in properties with environmental approvals and construction permits, as with the Wolbórz plot.
Marcin Tadeusz Ochyra, the president of Satoia

Satoia, which specialises in land acquisitions, is currently completing its investment in the site for the Wrocław West warehouse and logistics park, near the A4 motorway in Kąty Wrocławskie (22 km southwest of Wrocław city centre). Along with office and social space, it will have a total area of 390,000 sqm. The company is planning to purchase or sign conditional agreements for several hundred hectares across Poland in H2 2023.