Goodman : and Zalando partner to develop the largest logistics centre in Poland

Goodman, a global leading owner, developer, and manager of logistics real estate, has signed an agreement for the development of a 130,000 sqm logistics centre in Poland for Zalando, the leading online platform for fashion in Europe. The fulfilment centre, located in Gryfino near Szczecin, will be one of the largest single occupier development projects in Poland. The new centre will be Zalando's first logistics hub in the CEE region and the fourth consecutive time Goodman has been selected as its real estate partner.

The new location, which will be operational in the autumn of 2017, will allow Zalandoto expand the capacity of its logistics and fulfilment network.

'Zalando already serves about 19 million customers all over Europe. To meet increasing demand and prepare for future growth, we plan to strengthen our European logistics network with a new fulfillment center in Gryfino, Poland. We are looking forward to once again work with Goodman to help execute this project,' said David Schröder, Senior Vice President Operations for Zalando.

Maximising experience

Over the years, Goodman has solidified its position as the top developer for the ecommerce sector, providing more than 1.5 million sqm to the industry since 2006and 390,000 sqm for Zalando alone. Just last year, Goodman and Zalando announced the development of a 130,000 sqm logistics centre in Lahr, Germany, which will have nearly identical building specifications in the warehouse to the new fulfilment centre in Gryfino.

Longstanding relationship

The new logistics centre in Gryfino continues a successful partnership between Zalando and Goodman dating back to 2011 and comprising three logistics centres in Germany (Erfurt, Mönchengladbach and Lahr).

'With the new logistics centre in Gryfino, our cooperation with Zalando extends across the German border and reaffirms the trust Zalando has in our expertise,' said Błażej Ciesielczak, Goodman Regional Director for Central and Eastern Europe. 'By drawing on our extensive ecommerce experience, and good cooperation with local and regional authorities, we will work alongside Zalando to ensure on-time delivery and quality under a tight timetable.'

Goodman projects for Zalando in Europe:

Strategic location

Gryfino, an emerging logistics location, offers excellent multi-modal transport connections, perfectly suited for ecommerce fulfilment. The property sits directly next to the S3 junction, connecting the site to the regional capital Szczecin as well as Warsaw, Poznań, Wrocław. The A6 and S6 are a mere 10 km away, providing access to Berlin and the Gdansk Deepwater Container Terminal. Finally, Zalando also benefits from the nearby railway connections and the Szczecin Goleniów International Airport.

'The West Pomeranian region has witnessed dynamic growth of logistics centres, as warehousing space available there is developing at a rapid pace. Our efforts to connect West Pomerania to the strong, multi-modal Trans-European Transport Network are paying off. Logistics is a speciality of the West Pomeranian region and we see an important economic opportunity in catering for the services of the future, including ecommerce services,' said Olgierd Geblewicz, Marshall of West Pomerania.

'The city of Gryfino is ready to meet the requirements to help realise this complex and important project,' declared Tomasz Miller, Deputy Mayor of Gryfino. 'This new investment will be a major economic boost to our community, particularly in terms of job creation.'

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About Goodman

Goodman is an integrated property group that owns, develops and manages logistics and business space across Continental Europe, the United Kingdom, the Asia-Pacific region, North America and Brazil. The Group invests in industrial estates and warehouse and distribution centres.

Goodman also offers a range of listed and unlisted investment vehicles, including its flagship European managed partnership: Goodman European Partnership (GEP), (recent rebrand of the Goodman European Logistics Fund). Through prudent investment management, quality assets and active property management, the Partnership provides its capital partners with stable income returns derived from investments in logistics assets.

With total assets under management of €23 billion and 412 properties under management, Goodman is the largest industrial listed property group on the Australian Securities Exchange, and one of the largest listed specialist fund managers globally. Its market insight and dedicated local teams create sound investment opportunities and develop properties and environments that meet each client's individual requirements.

With more than 1,100 staff in 16 countries and 32 offices, Goodman has the global reach to meet customers' needs as their businesses expand or evolve. In Europe, Goodman is present in Germany, the Netherlands, Belgium, Luxembourg, France, Spain, Italy, Poland, Czech Republic, Hungary, Slovakia, Sweden and the UK.

For more information about our operations in Poland, please go towww.goodman.com/pl