"The continuing growth of the Polish economy is resulting in great demand for modern distribution facilities, particularly in those regions with the greatest populations," says Hans A. van Luijken of Poznan Central Europe. "More money is being invested in Poznan development than any other city in Poland, except Warsaw," he adds.
Richard Widmann, logistics manager for Coca- Cola, notes that, "The reason we sold the site and subsequently leased it back is that we can maintain optimum flexibility. We can expand it we want to, and move if it becomes necessary." The company and ProLogis are looking for additional sites for distribution centers in Poland.
Coca-Cola has a 27% share of the non-alcoholic beverage market in Poland. ProLogis owns or manages 1,662 distribution facilities in North America and Europe with more than 188 million sf.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
