Best Secret to take up 90,000 sqm in Panattoni Park Sulechów III

06
Jul
2022
News - Best Secret to take up 90,000 sqm in Panattoni Park Sulechów III #BestSecret #logistics #Panattoni Europe #Poland #warehouse

by Property Forum | Industrial

German online fashion distributor BestSecret will take up almost 90,000 sqm in Panattoni Park Sulechów III with the option to further expand by another 42,000 sqm. The development will be handed over in stages between January and June 2023. 


According to projections, internet sales revenues in Europe for the fashion industry could rise to over $365 billion by 2025 from a figure that was less than half the size in 2020. Poland is playing an important role in this growth, especially in the western part of the country, which is becoming an e-commerce fashion hub for the whole of Western Europe and particularly for Germany. Therefore, Panattoni is starting the work on Panattoni Park Sulechów III, which has been leased in its entirety by BestSecret, a leading German player and the owner of an internet store of the same name, which supplies goods to 27 countries across Europe. The business has leased 88,500 sqm with the option to expand by a further 42,000 sqm and will make use of 40,000 sqm of mezzanine and office space within the building with the office space accounting for over 10,500 sqm. Furthermore, the developer is preparing space for multi-layered shelving (Pick Towers) and ensuring that parts of the building are of raised height. The project is to be handed over in stages from January to June 2023 and is to be certified under BREEAM for a rating of ‘Excellent’.

“Thanks to Panattoni’s developments. Sulechów is becoming a centre for the clothing industry and a very important hub for Western Europe. After all, we are already building a BTS project here of over 60,000 sqm for an international company from the industry and now the area handed over to the sector in the region could be tripled. Once again, the importance of Western Poland has also been demonstrated for European e-commerce in general and this is shown by Panattoni’s development. Last year we delivered a centre of over 200,000 sqm in Świebodzin for a global leader in the industry and this year we are starting the development of over 150,000 sqm for another giant in Iłowa. It is only a question of time before we reach a million sqm in the region,” – says Aleksandra Kucharek, Development Director, Panattoni.

A key attribute of Sulechów is its proximity to the border with Germany, which is just over an hour from where the centre is being built. The location is around 30 minutes from Zielona Góra, the region’s administrative capital, which is a great benefit in terms of access to workers. Just under 7 km from the development is the S3 road, which runs along Poland’s western border and just 11 km away from the centre is the Zielona Góra-Babimost airport.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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