Hillwood and LCube join forces on project near Wroclaw

In recent days, the inaugural lease agreement for the Hillwood & LCube Wroclaw East complex has been finalized with an international logistics firm. The tenant will occupy 22,869 sqm of warehouse space along with 285 sqm of office and staff facilities, accounting for some 40% of the facility's overall capacity. The remaining space will be developed on a speculative basis.

“Lower Silesia stands as a key player in Poland's warehousing landscape. The region is especially advantageous for the growth of e-commerce, logistics, and light manufacturing companies serving both domestic and Western markets. Hillwood is steadily expanding its investments in this location, and the planned warehouse park in cooperation with LCube aligns seamlessly with our broader development strategy.” - says Damian Słaby, member of Hillwood Polska Management Board.

The new Hillwood & LCube Wroclaw East industrial and warehouse park will be well connected to the local and national road network. A key asset of the investment is its proximity to a section of Wroclaw's Eastern Bypass, completed last December, providing direct access to the S8 expressway to Warsaw, and the A8, Wroclaw’s Motorway Bypass. Additionally, the project's location in Dobrzykowice provides convenient rail connections to Wroclaw, a further advantage for tenants in employee recruitment.

“For LCube, this 60,000-square-meter facility represents our largest investment in Poland so far. The chance to collaborate with a demanding investor like Hillwood Polska and attracting a powerful partner offers a strong foundation for future well-designed projects. We're gearing up to commence construction works having signed a contract with general contractor Rex-Bud, and we aim for Hillwood & LCube Wroclaw East to be tenant-ready by next July," - states Michał Stachura, a management board member of LCube.

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LCube is a fast-expanding warehouse developer, distinguished by its comprehensive construction expertise and a fully integrated ESG strategy. The company aims to develop warehouses that meet top-tier environmental standards, utilizing advanced technologies to produce assets that are both investment-grade and sustainable in the long term.

LCube's strategic approach involves constructing a diversified portfolio spanning from smaller facilities (around 10,000 sqm) to medium-sized warehouses (50,000 sqm) and traditional large-scale logistics parks (over 100,000 sqm). In addition to effectively acquiring new projects, the developer aims to establish a reputation for conducting operations in alignment with its sustainability strategy. As emphasized by LCube, all its facilities will attain BREEAM certification and incorporate environmentally friendly, energy-efficient solutions. The company has already formulated and is implementing its own ESG strategy.

Hillwood is a leading global player in commercial real estate, with over 30 years of development experience in both Europe and North America. The company has successfully delivered more than 26.4 million sqm of warehouse space worldwide, including over 2 million sqm in Poland.

Hillwood has operated in the Polish market since 2014, specializing in the construction of modern logistics and industrial centers for lease, both standard and built-to-suit (BTS). Additionally, the company engages in acquisitions and property management.. Hillwood Polska is active in key warehouse markets including Warsaw, Central Poland, Wroclaw, and Upper Silesia, while also investing in emerging, high-potential locations.

For the latest updates on Hillwood Polska's offerings, please visit the following link.