Panattoni will deliver another project for K-FLEX, a manufacturer of thermal and acoustic insulation materials. Next to the company’s existing factory near Uniejów, the developer will build a 9,300-square-metre warehouse facility. The investment will commence in mid-2020.
Online grocer Rohlik.cz has expanded its footprint in Brno with the lease of a custom-built, 8,000 sqm facility at CTPark Brno Líšeň. The expansion comes as the company has outgrown its existing 4,000 sqm premises at CTPark Brno. The new facility will double the company’s current footprint and will include both warehousing and production areas. Move in is on schedule for September 2020.
Panattoni invests again in the Warsaw area. The planned Panattoni A2 East Warsaw Park will total 80,000 sqm of space. One of the first tenants – a well-known logistics operator – set to move in as soon as Q3 2020.
Since the onset of COVID-19, we have already seen a bifurcation in activity across the industrial & logistics sector, as occupiers and locations respond differently to the impact of COVID-19 on global and European economies, Colliers International reports.
All of Panattoni’s parks completed as of 2020 will be certified under BREEAM New Construction International standard with a Very Good rating. Panattoni already has 1 million sqm pending certification and 24 projects completed according to BREEAM and LEED standards.
While near-term conditions remain uncertain, a recession is becoming increasingly probable and Prologis has identified five areas that will shape market conditions. Current events have also led to the quick emergence of two new structural demand drivers, namely the need for more inventories as supply chains emphasize resilience over efficiency and the re-acceleration of e-commerce adoption.
Throughout the region, CTP is offering clients the opportunity to lease warehouse space for short terms. This measure comes in response to the concerns being raised by the COVID-19 situation regarding the stability of the retail supply chain.
Hillwood is developing two Class A city warehouses in Warsaw’s Targówek district with a total area of almost 50,000 sqm. Completion of the first hall with an area of 24,600 sqm is scheduled for Q3 2020.
Panattoni has started building a distribution centre for a manufacturer of sportswear and accessories. The BTS facility with an area of over 67 000 sqm is under construction in Czeladź, Upper Silesia. Completion of phase one is planned for H1 2021.
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