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In 1996 Europa Park was a green-field site some 45 km west of Warsaw in multiple ownership and without any construction permits. Woodsford helped create a new logistics development and investment company – Europa Distribution Center – that, in turn, put together an 80 hectare business park at the heart of the Polish and Central and Eastern European distribution network.EDC not only chose a location bisected by Poland’s two principal motorways but two major north-south and east-west railway routes. It built a 6-km rail connection to the national railway network.EDC developed three Class A distribution warehouses for international operators totaling 61,000 sqm and three further, similarly high specification, facilities totaling 94,000 sqm let or for let to other significant businesses. The most recent building was 60,000 sqm, – the equivalent of nine football pitches under a single roof.
With Woodsford’s help, the income producing assets and remaining development land were sold in 2008 to Arcapita, the Barhain-based investment bank. When fully built-out Europa Park will comprise around 20 buildings – 275,000 sqm of warehouse, light industrial and distribution facilities. |