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The Warsaw Voice » Real Estate » November 19, 2008
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Tulipan Park Warsaw 60% Let
November 19, 2008   
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The first, 50,000 sq m, phase of the Tulipan Park Warsaw logistics center is already 60 percent let. The project investor is Segro, one of Europe's leading developers of modern business real estate.

Future tenants will include Navo PGD and Athletic Group. Navo PGD specializes in the warehousing and distribution of fast moving consumer goods (FMCG) in the Polish market. It was the first company to rent space in Tulipan Park Warsaw and has taken almost 5,400 sq m of warehousing and office accommodation.

Real-estate consultants King Sturge negotiated the rental on behalf of Navo PGD. Athletic Group imports goods from the Far East and distributes these across Poland. It is also builds bicycles. It has operated on the Polish market since 1993. The group has rented 24,700 sq m for warehousing and offices.

Tulipan Park Warsaw is located on a 35-hectare site adjacent to the Katowicka Avenue in Nadarzyn, 5 km south of the city and a similar distance from Warsaw's Fryderyk Chopin Airport. The logistics park will eventually consist of three buildings covering a total area of 130,000 sq m dedicated to warehousing and light industry. The minimum size of a unit available to rent is 3,000 sq m and units can be designed and built to meet the requirements of individual tenants.
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