Rico Group enters the Polish market

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Rico Logistics, part of the Rico Group, is opening its office in Poland. The logistics operator has leased nearly 1,250 sq m of warehouse and office space in Warsaw Distribution Center. Cushman & Wakefield, a leading global real estate services firm, represented the tenant in this transaction.

Founded in 1988, Rico is a pan-European logistics service provider with its head office in the United Kingdom. Apart from courier services for corporate clients, it also offers a wide range of other logistics solutions, including distribution and inventory management.

Warsaw Distribution Center is a modern warehouse and office complex located in Szyszkowa Street in Warsaw. With its proximity to the Okęcie international airport and availability of warehouse modules of 380 sq m plus, it is an attractive destination for small and mid-sized tenants interested in leasing warehouse space in Warsaw. The logistics park comprises five buildings totalling 35,000 sq m of warehouse and office space. The scheme is owned by a fund managed by CBRE Global Investors.

Katarzyna Bojanowicz, Industrial Department of Cushman & Wakefield, said: “Warsaw Distribution Center is located in the inner zone of the Warsaw warehouse market, within about ten kilometres from the city centre. It offers convenient access to the Frederic Chopin International Airport, the S2 expressway, the A2 motorway and national road no. 8. We are pleased to hear that the scheme meets the tenant’s requirements. The Rico Group is growing very strongly and is steadily extending its operations.”